About Empire state realty trust
Empire State Realty Trust: A Leading REIT in Manhattan and Greater NY Metro Area
Empire State Realty Trust is a real estate investment trust (REIT) that owns, manages, and operates office and retail properties in Manhattan and the greater New York metro area. The company was founded in 2011 by Anthony E. Malkin, who serves as its Chairman, CEO, and President.
The company's portfolio includes some of the most iconic properties in New York City such as the Empire State Building, One Grand Central Place, 1400 Broadway, 250 West 57th Street, among others. These properties are strategically located in prime business districts with easy access to transportation hubs.
Empire State Realty Trust has a proven track record of delivering value to its shareholders through its disciplined approach to acquisitions and asset management. The company's focus on high-quality assets with long-term leases has resulted in stable cash flows that have enabled it to pay consistent dividends to its investors.
One of the key strengths of Empire State Realty Trust is its experienced management team led by Anthony E. Malkin. Mr. Malkin has over three decades of experience in real estate investment and management. He is widely recognized for his expertise in sustainability practices which he has incorporated into the operations of all Empire State Realty Trust properties.
In addition to sustainability practices, Empire State Realty Trust also places a strong emphasis on tenant satisfaction through exceptional customer service programs such as "ESRT Life" which provides tenants with access to exclusive events and amenities.
Empire State Realty Trust's commitment to sustainability extends beyond just its own operations but also includes initiatives aimed at reducing carbon emissions across New York City through partnerships with organizations such as Urban Green Council.
The company's financial performance speaks for itself with consistent growth year over year since going public on the NYSE under ticker symbol ESRT back in October 2013. As at December 31st 2020 ESRT had total assets worth $10 billion dollars making it one of the largest REITs operating within Manhattan & Greater NY Metro Area
In conclusion; if you're looking for an investment opportunity within Real Estate sector then look no further than Empire state realty trust - they have a proven track record when it comes down delivering value consistently over time while maintaining their commitment towards sustainable practices & tenant satisfaction programs