Empire State Realty Trust

ESRT

Market cap $1.09B

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that it will release its fourth quarter 2025 financial results on Tuesday, February 17, 2026, after the close of markets on the New York Stock Exchange. A conference call will be held on Wednesday, February 18, 2026, at 12:00 p.m. Eastern Time. During the conference call, the Company's officers will review fourth quarter performance, discuss recent events and conduct a question-and-answer pe.

NEW YORK , Dec. 19, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to global corporations, institutional investors, and owners and occupiers, announces the Company served as exclusive real estate advisor to Scholastic Corporation (Nasdaq: SCHL) on the $386 million sale-leaseback of its New York City headquarters located at 555–557 Broadway. Newmark Co-Head of Capital Markets Adam Spies , Executive Vice Chairman Joshua King  and Executive Managing Director Avery Silverstein  represented Scholastic in the transaction, with support from Executive Vice Chairmen Adam Doneger  and Marcella Fasulo.

The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November followed by small caps (+3.38%) and large caps (+0.32%); micro caps (-8.76%) badly underperformed. 68.15% of REIT securities had a positive total return in November.

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) today announced that the Empire State Building has achieved Leadership in Energy and Environmental Design (LEED) Platinum certification under the Existing Buildings: Operations + Maintenance Version 5 program, the highest level of recognition under the U.S. Green Building Council's latest standard. The Empire State Building is the largest LEED v5 Platinum project in the United States and the first in the state of New York t.

New York City-based HGI Capital Management sold 494,696 shares of Empire State Realty Trust in the third quarter, reducing its position by about $4 million. The transaction represented 11.0% of HGI Capital's reported 13F assets under management.

U.S. equity markets climbed to the cusp of fresh record-highs as another soft slate of employment data and modest PCE inflation data helped solidify the case for another rate cut. ADP provided the most evident signs of cooling labor markets, posting job losses in three of the past six months and a cooldown in wage growth to four-year lows. The PCE report showed corresponding disinflation in discretionary services categories, offsetting modest upward pressures on goods prices, resulting in the first monthly deceleration in core inflation since April.

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the fourth quarter of 2025, payable to holders of the Company's Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.'s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership uni.

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), announced that it has agreed to acquire 555-557 Broadway (the “Scholastic Building”) for $386 million. The property is located in the SoHo submarket of Manhattan, between Spring and Prince Streets with entrances on both Mercer Street and Broadway, and is comprised of approximately 368,000 square feet of office and 28,000 square feet of prime retail. The property is 70% leased, including a 15-year office lea.

Binding Agreements Signed for Sale of New York City Headquarters and Jefferson City, Missouri Distribution Center Transactions Expected to Generate $401 Million in Estimated Net Proceeds to Be Deployed Toward Company's Capital Allocation Priorities, including Debt Reduction and Share Repurchases NEW YORK , Dec. 2, 2025 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that it has entered into sale-leaseback transactions for its headquarters location in New York City ("555-557 Broadway") and its primary distribution facility in Jefferson City, Missouri ("Jefferson City"), which together are expected to generate estimated net proceeds of $401 million. The sale of these real estate assets aligns with the Company's long-term plan to monetize its significant non-operating assets to improve the efficiency of its balance sheet and create shareholder value.

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced that it signed two new retail leases with HOKA and Tecovas for a total of 8,322 square feet to join ESRT's North Sixth Street Collection in Williamsburg, Brooklyn. HOKA, a sportswear company that specializes in running shoes, signed a new lease for a 4,148 square foot retail store at 91 N. Sixth Street. Davie Berke of CBRE represented HOKA in the lease negotiations. Western-wear brand Tecovas signed a new lease fo.