Empire State Realty OP, L.P. ESBA

ESBA Company Overview

Empire State Realty OP, L.P. (“ESBA”) is the operating partnership of Empire State Realty Trust, Inc. (“ESRT”), a publicly traded real estate investment trust (REIT) focused on office, retail, and multifamily real estate assets, primarily in the New York metropolitan area. The company operates in the commercial real estate and property management industries, with revenue primarily generated through office leasing, retail leasing, observatory operations, and residential rental income. Its portfolio is concentrated in high-profile Manhattan properties, including the iconic Empire State Building, which also serves as a major tourism and observatory destination. The company’s tenant base includes businesses across finance, technology, media, legal, and professional services sectors.

ESRT evolved from a portfolio assembled over several decades by the Malkin family and affiliated ownership groups. In 2013, the company completed a consolidation and public listing transaction that unified multiple ownership interests into a single REIT structure. Since then, the company has emphasized modernization, sustainability, energy efficiency, and premium office repositioning within competitive New York real estate markets. Its strategic positioning is supported by ownership of globally recognized assets, a concentration in transit-oriented locations, and a focus on energy-efficient building operations.