Empire State Realty Trust Announces Appointment of Aaron Ratner as Senior Vice President and Chief Investment Officer

New York, NY, May 19, 2020 – Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced the appointment of Aaron Ratner as Senior Vice President and Chief Investment Officer, effective May 26, 2020. In this newly created role, Mr. Ratner will lead the Company’s investment strategies and sourcing of external growth opportunities.

Anthony E. Malkin, Chairman and Chief Executive Officer of ESRT said, “Aaron’s appointment follows our comments in our Q1 earnings call.  I am confident he is the right person to create opportunities for us in this cycle and those to come, and we welcome him to our team.”

“Empire State Realty Trust is a platform poised for accretive growth,” said Mr. Ratner. “I am honored and motivated by the opportunity to work with ESRT’s talented team and to create value for ESRT’s shareholders.”

Mr. Ratner joins ESRT after nine-years with TPG. He most recently served as a principal on the real estate team, where he developed investment strategies, sourced opportunities, and executed and managed real estate debt and equity investments. He served on the Board of Directors and Finance Committee for AV Homes (NASDAQ: AVHI). Before TPG, he worked in the real estate investment banking group at Eastdil Secured. Mr. Ratner earned a B.B.A in Finance with distinction from Emory University’s Goizueta Business School.

About Empire State Realty Trust Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world’s most famous building. Headquartered in New York, New York, the Company’s office and retail portfolio covers 10.1 million rentable square feet, as of March 31, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.

MEDIA CONTACT:      

Empire State Realty Trust

Stacey-Ann Hosang

212-736-3100

shosang@empirestaterealtytrust.com  

Empire State Building and Billy Joel in Partnership with iHeartMedia Turn the Bright Lights on Broadway With a New Light Show Set to Miami 2017

ESB and iHeartMedia New York’s Q104.3 to Host Live Music-to-Light Show Replaying this Special Moment of Billy Joel’s “Miami 2017” Nightly at 9:00 pm ET through May 15

New York, NY (May 11, 2020) – On Monday, May 11, at 8:00 pm ET, the Empire State Building (ESB) illuminated the New York City skyline with a light show synced to New York legend Billy Joel’s brand new recording of Miami 2017.As part of the surprise finale to Robin Hood and iHeartMedia’s “Rise Up New York!” virtual telethon, the light show was simultaneously broadcast on all New York City TV stations, iHeartMedia and Entercom broadcast radio stations, News 12, Spectrum News NY1, SiriusXM and nationally on CNBC. In partnership with iHeartMedia, Robin Hood, and the piano man himself, ESB debuted not only a brand new lighting spectacle but an exclusive video that viewers can now enjoy via the Building’s YouTube page.

Robin Hood, New York’s largest poverty-fighting organization, is amping up its efforts to provide recovery and relief to the organizations that serve the city’s most vulnerable. Together with Billy Joel, ESB created the show as a call to action, to inspire those who can to donate to help New Yorkers rebuild their lives after being drastically impacted by the COVID-19 crisis.  

“The Empire State Building is honored to work with Billy Joel, a music icon synonymous with New York, to bring attention to Robin Hood,” said Anthony E. Malkin, Chairman and CEO of Empire State Realty Trust.

“ESB annually lights for Robin Hood’s fundraiser, and we are excited to partner with our friends at iHeartMedia to bring even more attention to the great work this organization accomplishes.”

“Robin Hood’s Rise Up New York! benefit was a moment to recognize the incredible resiliency of our fellow New Yorkers, who continue to come together in the fight against this pandemic, culminating in a Billy Joel performance set against the backdrop of the iconic Empire State Building flashing green for Robin Hood,” said Wes Moore, CEO of Robin Hood. “It’s an honor to continue our meaningful partnership with the Empire State Building to shine a light on our work and show our neighbors every night this week that we stand shoulder-to-shoulder together as we recover from this crisis.”

ESB and iHeartMedia will replay the show every evening at 9:00 pm ET tonight through Friday, May 15. The song will play on iHeartMedia’s Q104.3, New York’s Classic Rock, and on the iHeartRadio app.  Fans can also view the show on the Building’s YouTube page as well as Q104.3’s Facebook page. They are also encouraged to donate to Rise Up New York! The Robin Hood Relief Benefit.

“iHeartMedia and New York’s Q104.3 are proud to partner with ESB and The Robin Hood Foundation to provide the musical backdrop for the lights of ESB moving to the tunes of New York’s own Billy Joel’s iconic Miami 2017,” said Thea Mitchem, EVP of Programming for iHeartMedia. “This is a time when all New Yorkers come together, inspire action, and lend a helping hand to our neighbors in need.

For more information about the Empire State Building, iHeartMedia, and Robin Hood, please visit www.empirestatebuilding.com, www.iHeartMedia.com, and www.robinhood.org.

About the Empire State Building

Soaring 1,454 feet above Midtown Manhattan (from base to antenna top), the Empire State Building, owned by Empire State Realty Trust, Inc., is the “World’s Most Famous Building.” With new investments in energy efficiency, infrastructure, public areas and amenities, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world. The Empire State Building was named the world’s most popular travel destination in a study conducted by Uber and was named America’s favorite building in a poll conducted by the American Institute of Architects. For more information on the Empire State Building, please visit www.empirestatebuilding.com,www.facebook.com/empirestatebuilding, htts://twitter.com/empirestatebldg, www.instagram.com/empirestatebldg, http://weibo.com/empirestatebuilding, www.youtube.com/esbnyc, https://www.tiktok.com/@empirestatebldg or www.pinterest.com/empirestatebldg

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World’s Most Famous Building.” Headquartered in New York, New York, the Company’s office and retail portfolio covers 10.1 million rentable square feet, as of  March 31, 2020 consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio.   

About Robin Hood

Founded in 1988, Robin Hood finds, fuels, and creates the most impactful and scalable solutions lifting families out of poverty in New York City, with models that can work across the country. Robin Hood invests nearly $120 million annually to provide legal services, housing, meals, workforce development training, education programs, and more to families in poverty in New York City. Robin Hood tracks every program with rigorous metrics, and since Robin Hood’s Board of Directors covers all overhead, 100 percent of every donation goes directly to the poverty fight. Learn more at https://www.robinhood.org/ and follow Robin Hood on Facebook, Twitter, and Instagram.

About iHeartMedia New York

iHeartMedia New York owns and operates WHTZ-FM, WKTU-FM, WAXQ-FM, WWPR-FM, WLTW-FM and WOR-AM. iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month – and with its quarter of a billion monthly listeners, has a greater reach than any other media company in the U.S. The company’s leadership position in audio extends across multiple platforms, including more than 850 live broadcast stations in over 150 markets; digital radio via its iHeartRadio digital service available across more than 250 platforms and 2,000 devices; through its on-air influencers; social; branded iconic live music events; and podcasts as the #1 commercial podcast publisher. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio product, using data from its massive consumer base. Visit iHeartMedia.com for more company information.

Media Contact:

Stacey-Ann Hosang | shosang@empirestaterealtytrust.com | 212-736-3100

Alex Chernin | achernin@empirestaterealtytrust.com | 212-736-3100

Joe DeAngelis | JoeDeAngelis@iheartmedia.com | 212-549-0872

Emily Schumann | robinhood@sunshinesachs.com

New Yorkers Respond to COVID 19 in “Big Apple” Ways

New York City’s usually bustling streets have been eerily quiet during the COVID-19 Pandemic. However every evening at 7, thousands of New Yorkers open their windows to cheer and bang and toot their appreciation for healthcare workers and others on the front lines.

Ariana is only 8 years old, but she brings real big apple spirit to the ritual along with a metal pot and spoon.

Ariana: It’s really loud. Sometimes, I have to keep it down because I don’t want to go deaf.

Adam Phillps: Why are you doing this?

Ariana: Well, actually I am doing this to celebrate the workers, for this Coronavirus. The health workers that are helping and making sure that all of it goes okay. In my house there’s a lot of noise and it’s also good to make more noise and say ‘Hey we’re here! We’re gonna fight this! We’re not gonna just stand by and make the workers do all the work. We’re also going to do this, if we’re not going out we’re helping at home and not touching our faces. And I think, that is a great idea.

Nothing is more New York than a cocktail party. In-person cocktail parties are also shelved during the crisis. But, Mary Ann has devised her own COVID-19 era cocktail party for her closest neighbors in her TONY central park west apartment building.

Mary Ann: Well at 5:30 everyday my two neighbors on my floor and I open our doors and we sit in chairs in our doorways, we’re far away from each other but we’re close enough to hear each other speak so that we’re still in our apartments. We have drink in hand, and we talk for an hour, an hour and a half. And we talk about nice things – how beautiful it was outside and the cherry blossoms. It’s a little bit ironic, here we’re going through this terrible time when everything is dark and gloomy. People are sick and dying. And yet, nature is so gorgeous this year.

Mary Ann says that personal connections between building residents is unusual in Manhattan

Mary Ann: Right well we’ve never said more than hello to each other before and we’ve lived here for many decades. But it doesn’t matter because at least it’s human contact. We’ve all said that if anybody needs anything we’ll help each other – which is also very nice. I think that, yes, everyone respects each other’s space, but everyone is also helpful to everyone else which is what makes New York so special.

Nothing says NEW YORK like the Empire State Building. Every evening at 9, it blasts out Alicia Keyes iconic “Empire State of Mind” over the radio. While the music plays, and every hour on the hour, building management projects what it calls a rainbow sparkle on the building’s upper façade. It features the official colors of the Big Apple’s first responders and other heroes in this desperate moment. At other times, the Empire State Building’s upper façade is bathed in a pulsating red light, like a heartbeat. Anthony E Malkin is the CEO of the Empire State Realty Trust which owns and manages the landmark. He says this display is a Big Apple shout out to all first responders, both in New York and around the nation.

Anthony Malkin: It’s just another example of how we connect with people and how important it is to them that they recognize that we’re thinking of them and that the whole city has them on our minds.

Adam Phillips: As New Yorkers and others know, the coronavirus epidemic will be a fact of life for a while. But New Yorkers also know that while the threat endures, folks in the Big apple will always create new, only in New York ways to respond.

Adam Phillips: VOA News, NEW YORK.