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Empire State Realty Trust overview

Industry
Commercial Real Estate Agency
Revenue
Headquarters
Employees
500
Founded in
Website
Organization type
Public
Social media
Empire State Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT), which owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The Company operates in two segments: real estate and construction contracting. As of June 30, 2013, the Company owned 12 office properties (including one long-term ground leasehold interest) encompassing approximately 7.7 million rentable square feet of office space, which were approximately 83.5% leased (or 86.2% giving effect to leases signed but not yet commenced as of that date). Seven of these properties are located in the midtown Manhattan market and encompass in the aggregate approximately 5.9 million rentable square feet of office space, including the Empire State Building.
The staff at Empire State Realty Trust come from unusually diverse demographic backgrounds. The company is 37.5% female and 55.3% ethnic minorities. Despite its diversity in other areas, Empire State Realty Trust employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 76.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Empire State Realty Trust has great employee retention with staff members usually staying with the company for 5.7 years.
Based in New York, NY, Empire State Realty Trust is a medium-sized real estate company with 500 employees and a revenue of $767.9M.

Empire State Realty Trust's mission statement

To create healthy and resilient communities.

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5.0/5

Empire State Realty Trust employee reviews

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Empire State Realty Trust employee reviews

Empire State Realty Trust employee reviews
5.0/5

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5.0
A zippia user wrote a review on Jun 2021
Pros of working at Empire State Realty Trust

Gained knowledge and experience. Learned and sharpened up my skills for quick thinking and multitasking.

Cons of working at Empire State Realty Trust

Lack of communication.

Empire State Realty Trust benefits

401k

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The team at Empire State Realty Trust

  • The key people at Empire State Realty Trust is Anthony E. Malkin.
Key people
Anthony E. Malkin

Empire State Realty Trust rankings

Empire State Realty Trust is ranked #38 on the Best Real Estate companies to work for in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Empire State Realty Trust diversity

9.5
Diversity score
We calculated Empire State Realty Trust’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Empire State Realty Trust’s workforce.
Empire State Realty Trust diversity summary. Zippia estimates Empire State Realty Trust's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Empire State Realty Trust's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Empire State Realty Trust's workforce.
  • Empire State Realty Trust has 500 employees.
  • 38% of Empire State Realty Trust employees are women, while 63% are men.
  • The most common ethnicity at Empire State Realty Trust is White (45%).
  • 29% of Empire State Realty Trust employees are Hispanic or Latino.
  • 13% of Empire State Realty Trust employees are Asian.
  • The average employee at Empire State Realty Trust makes $52,338 per year.
  • Empire State Realty Trust employees are most likely to be members of the democratic party.
  • Employees at Empire State Realty Trust stay with the company for 5.7 years on average.

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Empire State Realty Trust financial performance

9.8
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Empire State Realty Trust currently has 727.0M in revenue. Empire State Realty Trust's most recent quarter produced 190.5m (q2'2023).

Empire State Realty Trust annual revenue

$768M
$614M
$461M
$307M
$154M
$0
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Zippia gives an in-depth look into the details of Empire State Realty Trust, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Empire State Realty Trust. The employee data is based on information from people who have self-reported their past or current employments at Empire State Realty Trust. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Empire State Realty Trust. The data presented on this page does not represent the view of Empire State Realty Trust and its employees or that of Zippia.

Empire State Realty Trust may also be known as or be related to EMPIRE STATE REALTY TRUST, INC., Empire State Realty Trust and Empire State Realty Trust, Inc.