Empire State Realty Trust

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Empire State Realty Trust portfolio

$2.2 billion – office 90%, elevator 7%; Manhattan 98%, Brooklyn 1%

24th largest portfolio by dollar value

7,247,144 sqft – office 87%, elevator 9%;

32th largest by SF

28 properties – Manhattan 60%, Brooklyn 39%

129th largest

732 residential units – Manhattan 98%, Brooklyn 1%

286th largest by residential units

0 foreclosures, 0 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Buyer company: 8 for $221.4 million

Seller company: 0 for $0

Borrower company: 0 for $0

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

L3 Capital (6), Fetner Properties (3), Mann Group (2), Broad Street Development (1), Crow Holdings Capital (1), Target Corporation (1), Morgan Stanley (1)

Top Ten Associated People:

Domenic Lanni (6), Harold A. Fetner (3), Eric Mann (2), Raymond Chalme (1)

Latest Stories:

• Empire State Realty Trust pays $35M to L3 Capital for retail in Williamsburg (November 18, 2024)

• Empire State Realty Trust pays $17M to L3 Capital for retail in Williamsburg (November 15, 2024)

• ESRT pays $28.6M to L3 Capital in third related Williamsburg purchase (October 03, 2024)

• Empire State Realty Trust pays $18.1M to L3 Capital in second recent purchase in Williamsburg (October 03, 2024)

• Empire State Realty Trust pays $28.3M to L3 Capital for retail in Williamsburg (October 02, 2024)

• Empire State Realty Trust pays $26.4M to Mann Group for mixed-use in Williamsburg (September 29, 2023)

• Empire State Realty pays $114.9M to Broad Street, Crow Holdings for 96-unit rental in NoHo (December 29, 2022)

• L3 Capital signs $20M refi loan with Wintrust Bank for four properties in Williamsburg (July 18, 2022)

• ESRT pays $188M to Fetner Properties for 417-unit elevator building, retail in Hell’s Kitchen (February 14, 2022)

• L3 Capital borrows $126M from JPMorgan Chase to acquire property in Williamsburg (January 18, 2021)

Litigation:

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Properties:

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