The Campus Look Book

Solidly Stands Apart

In a volatile market, it is critical for tenants to partner with a financially stable, service-oriented owner on real estate decisions. 111 W 33rd Street, 501 Seventh Avenue, 1350 Broadway, 1359 Broadway and 1400 Broadway are debt-free. Empire State Realty Trust, a publicly traded company with a best-in-class balance sheet maintains a solid financial platform and leads the way on healthy buildings with premier indoor environmental quality (IEQ), industry-leading sustainability and energy efficiency practices, and unmatched amenities.


Significant balance sheet liquidity (nearly $1B)

Well-laddered Debt Maturity schedule

5.6x Net debt/Adj. EBITDA (REIT peer average: 9.3x)

$1B spent on property upgrades

No floating rate debt exposure

ESRT is a service firm and a true partner to its tenants with over 280 tenant expansions , which total 2.7M RSF since it went public in 2013. This partnership allows our tenant family to move within the ESRT portfolio hassle-free with a commitment to 100% commission paid on lease signing.


Certainty of owner performance/service

Consistent, high-level service/maintenance

No cut corners on construction or operations

High-end finishes

Flexibility of offerings such as terms and options

Expedited response time with no need for lender/partner approvals

Empire State Realty Trust | 9

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