Thomas Durels
(Thomas P. Durels)
Empire State Realty Trust
Owner
Empire State Realty Trust portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$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.
Person Activity past 24 months:
Buyer signatory: 8 for $221.4 million
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
L3 Capital (6), Mann Group (2)
Top Ten Associated People:
Domenic Lanni (6), Eric Mann (2)
Recent activity as signatory:
• L3 Capital sold 111 North 6th Street, Williamsburg, Brooklyn for $35 million to Empire State Realty Trust on November 15, 2024.
• L3 Capital sold 92 North 6th Street, Williamsburg, Brooklyn for $17 million to Empire State Realty Trust on November 14, 2024.
• L3 Capital sold 85 North 6th Street, 81 North 6th Street, 89 North 6th Street, and 91 North 6th Street, Williamsburg, Brooklyn for $68 million to Empire State Realty Trust on October 03, 2024.
• L3 Capital sold 102 North 6th Street, Williamsburg, Brooklyn for $28.6 million to Empire State Realty Trust on October 03, 2024.
• L3 Capital sold 124 North 6th Street, Williamsburg, Brooklyn for $18.1 million to Empire State Realty Trust on October 02, 2024.
• L3 Capital sold 134 N 6th Street, Williamsburg, Brooklyn for $28.3 million to Empire State Realty Trust on October 01, 2024.
• Mann Group sold 157-159 Wythe Avenue, Williamsburg, Brooklyn for $15 million to Empire State Realty Trust on September 29, 2023.
• Mann Group sold 161 Wythe Avenue, Williamsburg, Brooklyn for $11.4 million to Empire State Realty Trust on September 29, 2023.
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 $28.3M to L3 Capital for retail in Williamsburg October 02, 2024
• L3 Capital borrows $126M from JPMorgan Chase to acquire property in Williamsburg January 18, 2021
• L3 Capital acquires Williamsburg property from RedSky valued at $145M January 11, 2021