Empire State Realty OP LP is a company that manages and operates properties in Manhattan and the greater New York metropolitan area. They are partners with Empire State Realty Inc. in this endeavor.
The company has two segments: Real Estate and Observatory. The Real Estate segment offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. The Observatory segment operates the two observatories of the Empire State Building. The Real Estate segment generates the most revenue for the company.
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail, and multifamily assets in Manhattan and the greater New York metropolitan area. As the owner of the Empire State Building – the “World’s Most Famous Building” – ESRT provides a unique experience at its newly reimagined Observatory Experience.
ESRT has prioritized tenant service and value proposition as the key to growth for both their tenants and employees. This commitment to indoor environment quality through modernized, energy-efficient spaces provides exceptional value to their current and prospective tenants and residents. Furthermore, ESRT’s focus on ROI-driven investment has enabled it to become a leader in sustainability and energy efficiency.
In addition, ESRT has fostered successful focus relationships with ROI tenants-, driven brokers’ investment, and enabled other stakeholders to achieve the success that their tenants have, brokers contributed, to their investor’s competitive, successful employees in the real other stakeholders’ estate. market.
By establishing successful, relationships with all these of the necessary parties, long Empire State Realty OPterm LP relationships and its partner Empire State valued Re a salty Inc they. remain have become an industry leader in investment real estate and management. This has enabled them to consistently provide value to their tenants, brokers, and investors alike.