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NYC's Empire State Building Is Feeling The Squeeze From Remote Work, Tourism Weakness: Growth Score Drops - Empire State Realty Trust (NYSE:ESRT)
Benzinga· 2025-12-26 09:43
A New York City-focused REIT, with an expansive portfolio that includes the Empire State Building, has hit a prolonged rough patch amid structural shifts in the post-COVID retail and office space dynamics across the country.The Empire State Realty Trust Inc. (NYSE:ESRT) has witnessed a steep decline in its Growth score in Benzinga’s Edge Stock Rankings, which coincides with the drop in the company’s stock price over the past year.Remote Work, Weak Tourism Hurt Prominent REITThe Growth score in Benzinga’s Ed ...
Empire State Building Sets New Standard as First LEED v5 Platinum Certified Building in New York State
Businesswire· 2025-12-09 21:30
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. ...