Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Empire State Realty Trust (ESRT) and Sunstone Hotel Investors (SHO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and esti ...

David Henderson/iStock via Getty Images Background Empire State Realty Trust, Inc. (NYSE:ESRT) is a US-based REIT operating mostly rental office space in Manhattan, New York City. Its most famous asset is the namesake Empire State Building, a landmark of the Big Apple. The trust owns several more buildings: It owns dozens of locations within the office, retail and residential spaces. Most buildings are situated in Manhattan or adjacent metro areas. For its most recent quarterly earnings reported, Empire ...

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Empire State Realty Trust (ESRT) and Sunstone Hotel Investors (SHO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36105 EMPIRE STATE REALTY TRUST, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or orga ...

Empire State Realty Trust, Inc. (NYSE:ESRT) Q4 2023 Earnings Conference Call February 21, 2024 12:00 PM ET Company Participants Heather Houston - Senior Vice President, Chief Counsel, Corporate & Secretary Tony Malkin - Chairman and CEO Thomas Durels - Executive Vice President, Real Estate Christina Chiu - President Conference Call Participants John Kim - BMO Capital Markets Michael Griffin - Citi Camille Bonnel - Bank of America Jay Poskitt - Evercore ISI Operator Greetings, and welcome to the Empire State ...

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new 11-year office lease with Sol de Janeiro USA – a luxury skincare and beauty brand – for 57,203 square feet at One Grand Central Place. Sol de Janeiro is a subsidiary of French beauty brand L’Occitane, who recently signed a separate 9,497 square foot expansion and lease term extension on their existing 20,962 square foot space at ESRT’s 111 W. 33rd Street. One Grand Central Place offers 55 stories of ...

NEW YORK--(BUSINESS WIRE)--Be an ESB VIP. The Empire State Building (ESB) announced today its new ambassador program for locals who host guests in New York City and superfans of its world-famous Observatory Experience. Visitors earn points in the loyalty program for each ticket purchased on the ESB website for the 86th and 102nd Floor Observatories and redeem them for complimentary experiences and collectibles. “ Each visit to the Empire State Building is unique, and we made it easier for our loyal locals ...

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Burlington Stores, Inc. signed an expansion lease for an additional 67,865 square feet of office space across two full floors at 1400 Broadway. With this expansion, Burlington will occupy a total of 170,763 square feet within ESRT’s portfolio across five full floors, with a new 16-year lease term for the expansion space coterminous with the current office space. After an initial deal in 2010 for 35,182 square feet, ...

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new lease with Hanover Street Capital, a commercial real estate platform that provides comprehensive services for Deutsche Bank’s commercial and multifamily real estate financing business, for a 12,622 square foot space at 250 West 57th Street. “ We were drawn to 250 W. 57th Street for its unbeatable location and our high end pre-built space that is move-in ready,” said Sunil Madan, Head and COO, at Han ...

NEW YORK--(BUSINESS WIRE)--Celebrate the most romantic day of the year at the “World’s Most Romantic Building.” The Empire State Building (ESB) – the number one attraction in the U.S. by Tripadvisor travelers for two consecutive years – announced today that it will host themed movie screenings; offer an over-the-top, bucket list Valentine’s Day date for one lucky couple; and provide a special engagement package for couples who plan to tie the knot this February. Empire for Two – This year, one lucky coupl ...