Empire State Building Run-Up Returns for 48th Annual Race
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Source: Newsfilter
- Event Timeline: The lottery registration for the Empire State Building Observation Deck Run-Up is now open until July 20, 2026, with the race scheduled for October 6, 2026, at 8 PM, attracting runners from around the globe.
- Participation and Challenge: This year's race will feature 225 runners racing up 1,576 stairs to the iconic 86th Floor Observation Deck, showcasing participants' determination and courage while enhancing the event's visibility and appeal.
- Sponsor Support: NYU Langone Health serves as the main sponsor for the second consecutive year, focusing on improving patient outcomes through high-quality healthcare services, thereby enhancing its brand image.
- Brand Promotion Activities: Merrell, as a supporting sponsor, will host various community events throughout 2026 through its “Outside in NYC” program, further promoting the integration of the brand with outdoor activities and increasing public engagement.
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Analyst Views on ESRT
Wall Street analysts forecast ESRT stock price to rise
5 Analyst Rating
2 Buy
2 Hold
1 Sell
Hold
Current: 5.680
Low
8.30
Averages
9.46
High
11.00
Current: 5.680
Low
8.30
Averages
9.46
High
11.00
About ESRT
Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Company’s portfolio consists of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 residential units. Its office portfolio included 10 properties. Nine of these office properties are located in midtown Manhattan and encompass over 7.6 million rentable square feet of office space and 0.5 million rentable square feet of retail space, including the Empire State Building. The Company’s segments include Real Estate and an Observatory. The Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its office, retail and multifamily assets principally located in New York City. The Observatory segment operates the 86th and 102nd floor observatories in the Empire State Building.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Empire State Realty Trust Releases 2025 Schedule K-3 for Tax Reporting
- K-3 Form Release: Empire State Realty Trust has announced that its 2025 Schedule K-3, which contains items of international tax relevance, is now available online to meet specific reporting needs of certain shareholders, particularly non-U.S. shareholders and those calculating foreign tax credits.
- Shareholder Access: Shareholders requiring this information can access their K-3 forms at www.taxpackagesupport.com/esrop, ensuring compliance with U.S. tax laws and fulfilling the recommendations of their tax advisors.
- Portfolio Overview: As of March 31, 2026, Empire State Realty Trust's portfolio comprises approximately 8.0 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 743 residential units, demonstrating its strong presence in the real estate market.
- Energy Efficiency Leader: The company is recognized as a leader in energy efficiency and indoor environmental quality, further solidifying its position in managing modern, high-quality real estate assets.
See More
Empire State Building Launches Soccer-Themed Exhibit
- Soccer Exhibit Launch: The Empire State Building will showcase over 100 match-worn jerseys from legendary players like Messi and Ronaldo from June 9 to July 19, attracting global soccer fans and reinforcing its status as the top attraction in the U.S.
- Custom Jersey Sales: A custom ESB soccer jersey, created in partnership with CFS, will be exclusively sold on the 86th Floor from June 9 to 23, aimed at enhancing visitor experience and increasing on-site sales revenue, thereby boosting brand influence.
- Special Event Offerings: From June 11 to July 19, the last 50 reservations at the observation deck will receive a limited-edition commemorative cup, serving as the perfect keepsake for the tournament and enhancing visitor engagement and satisfaction.
- Lighting Celebrations: The Empire State Building will illuminate its iconic tower lights for each match winner, showcasing support for U.S. Soccer while attracting more visitors through real-time updates, thus increasing brand visibility.
See More
Empire State Building Launches Eataly Dessert Experience
- Summer Dessert Extravaganza: From June 4 to August 31, Eataly will feature a variety of classic Italian desserts, including handcrafted gelato and tiramisù, at the Empire State Building's 86th Floor Observation Deck, expected to attract numerous visitors and enhance the overall visitor experience.
- Unique Culinary Experience: The exclusive Coppa Cremino gelato cup, combining hazelnut gelato with a chocolate swirl, aims to provide a distinctive taste experience for visitors, further solidifying the Empire State Building's status as a culinary destination in New York City.
- Revamped Observation Deck: The Empire State Building's Observation Deck underwent a $165 million reimagination, adding an interactive museum and an upgraded 102nd Floor Observation Deck, enhancing the overall visitor experience and reinforcing its top ranking in Tripadvisor's 2026 Travelers' Choice Awards.
- Global Brand Collaboration: The partnership between Eataly and the Empire State Building not only showcases the allure of Italian cuisine but also enhances the overall visitor experience by offering a diverse selection of beverages, such as Eataly Cola and Lemon Soda, thereby boosting the market influence of both iconic brands.
See More
Empire State Realty Trust Named 2026 Green Lease Leader
- Green Lease Leadership: Empire State Realty Trust (ESRT) has been recognized as a 2026 Platinum Green Lease Leader by the Institute for Market Transformation (IMT), maintaining this distinction since the new tier was introduced in 2022, highlighting its excellence in sustainability and high-performance leasing.
- Comprehensive Sustainability Practices: ESRT integrates high-performance leasing and sustainability practices across 100% of its office, retail, and multifamily portfolio, significantly enhancing energy efficiency, reducing costs, and improving indoor air quality, thereby creating sustainable living and working environments for tenants.
- Significant Energy Reduction: Since 2007, ESRT has reduced energy use by 49% at the Empire State Building and by 39% across its commercial portfolio since 2009, aligning with sustainability goals while delivering substantial economic returns for tenants and stakeholders.
- Tenant Collaboration and Compliance: ESRT's partnerships with high-quality tenants drive the implementation of environmentally responsible and sustainable designs, positioning tenants ahead in achieving long-term sustainability goals and regulatory compliance at an affordable price point, thereby enhancing market competitiveness.
See More
Empire State Realty Trust Completes Asset Disposition
- Asset Disposition Completed: Empire State Realty Trust finalized the sale of 250 West 57th Street for $275 million, with the buyer assuming $180 million in mortgage debt, facilitating capital recycling for the company's December 2025 acquisition of 130 Mercer Street without recognizing taxable gains.
- Capital Recycling Strategy: This transaction aligns with the company's strategy to reinvest capital into high-quality assets, aiming for long-term cash flow growth and further solidifying its market position in New York City.
- Land Purchase Finalized: The company also completed the purchase of the land underlying its 111 West 33rd Street and 1400 Broadway properties for an aggregate price of $110 million, with remaining ground lease terms of approximately 51 and 38 years, enhancing the long-term value of its high-quality asset portfolio.
- Liquidity Support: The land acquisition was funded through the company's balance sheet liquidity, demonstrating Empire State Realty Trust's financial robustness and confidence in future growth prospects.
See More
Empire State Realty Trust Declares Quarterly Dividend
- Quarterly Dividend Announcement: Empire State Realty Trust (ESRT) declares a quarterly dividend of $0.035 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy.
- Yield Insights: The forward yield of 2.59% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest towards its stock.
- Dividend Payment Schedule: The dividend is set to be paid on June 30, with a record date of June 15 and an ex-dividend date also on June 15, ensuring shareholders receive their returns promptly.
- Future Outlook: Empire State Realty Trust targets a year-end occupancy rate of 90%-92% for 2026 while pushing debt maturities to 2028, demonstrating the company's confidence in future market conditions and strategic planning.
See More
Empire State Realty Trust Releases 2025 Schedule K-3 for Tax Reporting
- K-3 Form Release: Empire State Realty Trust has announced that its 2025 Schedule K-3, which contains items of international tax relevance, is now available online to meet specific reporting needs of certain shareholders, particularly non-U.S. shareholders and those calculating foreign tax credits.
- Shareholder Access: Shareholders requiring this information can access their K-3 forms at www.taxpackagesupport.com/esrop, ensuring compliance with U.S. tax laws and fulfilling the recommendations of their tax advisors.
- Portfolio Overview: As of March 31, 2026, Empire State Realty Trust's portfolio comprises approximately 8.0 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 743 residential units, demonstrating its strong presence in the real estate market.
- Energy Efficiency Leader: The company is recognized as a leader in energy efficiency and indoor environmental quality, further solidifying its position in managing modern, high-quality real estate assets.
See More
Empire State Building Launches Soccer-Themed Exhibit
- Soccer Exhibit Launch: The Empire State Building will showcase over 100 match-worn jerseys from legendary players like Messi and Ronaldo from June 9 to July 19, attracting global soccer fans and reinforcing its status as the top attraction in the U.S.
- Custom Jersey Sales: A custom ESB soccer jersey, created in partnership with CFS, will be exclusively sold on the 86th Floor from June 9 to 23, aimed at enhancing visitor experience and increasing on-site sales revenue, thereby boosting brand influence.
- Special Event Offerings: From June 11 to July 19, the last 50 reservations at the observation deck will receive a limited-edition commemorative cup, serving as the perfect keepsake for the tournament and enhancing visitor engagement and satisfaction.
- Lighting Celebrations: The Empire State Building will illuminate its iconic tower lights for each match winner, showcasing support for U.S. Soccer while attracting more visitors through real-time updates, thus increasing brand visibility.
See More
Empire State Building Launches Eataly Dessert Experience
- Summer Dessert Extravaganza: From June 4 to August 31, Eataly will feature a variety of classic Italian desserts, including handcrafted gelato and tiramisù, at the Empire State Building's 86th Floor Observation Deck, expected to attract numerous visitors and enhance the overall visitor experience.
- Unique Culinary Experience: The exclusive Coppa Cremino gelato cup, combining hazelnut gelato with a chocolate swirl, aims to provide a distinctive taste experience for visitors, further solidifying the Empire State Building's status as a culinary destination in New York City.
- Revamped Observation Deck: The Empire State Building's Observation Deck underwent a $165 million reimagination, adding an interactive museum and an upgraded 102nd Floor Observation Deck, enhancing the overall visitor experience and reinforcing its top ranking in Tripadvisor's 2026 Travelers' Choice Awards.
- Global Brand Collaboration: The partnership between Eataly and the Empire State Building not only showcases the allure of Italian cuisine but also enhances the overall visitor experience by offering a diverse selection of beverages, such as Eataly Cola and Lemon Soda, thereby boosting the market influence of both iconic brands.
See More
Empire State Realty Trust Named 2026 Green Lease Leader
- Green Lease Leadership: Empire State Realty Trust (ESRT) has been recognized as a 2026 Platinum Green Lease Leader by the Institute for Market Transformation (IMT), maintaining this distinction since the new tier was introduced in 2022, highlighting its excellence in sustainability and high-performance leasing.
- Comprehensive Sustainability Practices: ESRT integrates high-performance leasing and sustainability practices across 100% of its office, retail, and multifamily portfolio, significantly enhancing energy efficiency, reducing costs, and improving indoor air quality, thereby creating sustainable living and working environments for tenants.
- Significant Energy Reduction: Since 2007, ESRT has reduced energy use by 49% at the Empire State Building and by 39% across its commercial portfolio since 2009, aligning with sustainability goals while delivering substantial economic returns for tenants and stakeholders.
- Tenant Collaboration and Compliance: ESRT's partnerships with high-quality tenants drive the implementation of environmentally responsible and sustainable designs, positioning tenants ahead in achieving long-term sustainability goals and regulatory compliance at an affordable price point, thereby enhancing market competitiveness.
See More
Empire State Realty Trust Completes Asset Disposition
- Asset Disposition Completed: Empire State Realty Trust finalized the sale of 250 West 57th Street for $275 million, with the buyer assuming $180 million in mortgage debt, facilitating capital recycling for the company's December 2025 acquisition of 130 Mercer Street without recognizing taxable gains.
- Capital Recycling Strategy: This transaction aligns with the company's strategy to reinvest capital into high-quality assets, aiming for long-term cash flow growth and further solidifying its market position in New York City.
- Land Purchase Finalized: The company also completed the purchase of the land underlying its 111 West 33rd Street and 1400 Broadway properties for an aggregate price of $110 million, with remaining ground lease terms of approximately 51 and 38 years, enhancing the long-term value of its high-quality asset portfolio.
- Liquidity Support: The land acquisition was funded through the company's balance sheet liquidity, demonstrating Empire State Realty Trust's financial robustness and confidence in future growth prospects.
See More
Empire State Realty Trust Declares Quarterly Dividend
- Quarterly Dividend Announcement: Empire State Realty Trust (ESRT) declares a quarterly dividend of $0.035 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy.
- Yield Insights: The forward yield of 2.59% reflects the company's attractiveness in the current market environment, potentially drawing more investor interest towards its stock.
- Dividend Payment Schedule: The dividend is set to be paid on June 30, with a record date of June 15 and an ex-dividend date also on June 15, ensuring shareholders receive their returns promptly.
- Future Outlook: Empire State Realty Trust targets a year-end occupancy rate of 90%-92% for 2026 while pushing debt maturities to 2028, demonstrating the company's confidence in future market conditions and strategic planning.
See More
