ESRT Empire State Realty Trust Inc. Class A

Empire State Realty Trust to Present at NAREIT’s REITWeek 2017

Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company"), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that John B. Kessler, President and Chief Operating Officer, will present at REITWeek 2017: NAREIT's Investor Forum at the New York Hilton Midtown, in New York, New York on Wednesday, June 7, 2017 from 11:45 a.m. to 12:15 p.m. Eastern Time. In addition, David A. Karp, Executive Vice President and Chief Financial Officer, and Thomas P. Durels, Executive Vice President and Director of Leasing and Operations, will participate in the conference.

The live audio-webcast of the presentation in listen-only mode will be available in the “Investors” section of the Company’s website at www.empirestaterealtytrust.com. Supporting presentation materials will also be available on the Company’s website prior to the webcast. A replay of the webcast and the supporting presentation materials will be available for 90 days.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of March 31, 2017, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and approximately 708,000 rentable square feet in the retail portfolio.

EN
01/06/2017

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Reports on Empire State Realty Trust Inc. Class A

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Empire State Realty Trust provided mixed first-quarter results, with encouraging re-leasing spreads offset by soft observatory demand. However, we saw little in this quarterly report to alter our long-term thesis and consequently expect to maintain our $17 per share fair value estimate for the no-moat-rated company. Core funds from operations was $0.19 in the first quarter compared with $0.20 a year ago. This slight decline was largely driven by a 3% decrease in observatory revenue compared with...

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