Empire State Realty Trust Achieves Fitwel Certification Across 6.7 Million Square Feet for Six of its New York City Properties

New York, NY (Dec. 17, 2020) — Empire State Realty Trust (NYSE: ESRT) announced today that six of its properties have achieved Fitwel certification and that ESRT is a Fitwel Champion. ESRT’s Fitwel certified properties represent 6.7 million square feet and approximately 83 percent of ESRT’s New York City portfolio of properties.  

Fitwel is a rigorous third-party healthy building certification system operated by the Center for Active Design (CfAD). Fitwel was created as a joint initiative between the U.S. Centers for Disease Control and Prevention (CDC) and the General Services Administration (GSA) to set the industry standard for evidence-based strategies that promote positive health outcomes for building occupants and communities. Fitwel translates global scientific and industry expertise into practical approaches that address our greatest health challenges.

The Empire State Building, 111 West 33rd Street, 1350 Broadway, and 1400 Broadway have all earned Fitwel 2 Star Ratings, while One Grand Central Place and 250 West 57th Street have earned Fitwel 1 Star Ratings. These Fitwel certifications were awarded to ESRT for its leadership in health and sustainability achievements, which include:

  • Indoor Air Quality
  • Walkability and proximity to transit
  • A comprehensive Green Purchase Policy
  • Access to clean water refill stations
  • Ground floor amenities such as retail and food establishments
  • Fitness and dedicated conference facilities
  • Informative health programs for tenants and employees
  • A comprehensive emergency preparedness plan

A model of how to ease business’ efforts to return employees to work, ESRT’s pathway for tenants’ confident return to their offices aims to restore company culture, increase productivity, and drive the bottom line.

“ESRT believes healthy, high-performance buildings have the power to improve employee productivity and wellness. We are a leader in sustainability, health, and wellness in office spaces and are pioneers in the optimization of the tenant and employee experience. ESRT’s strategies and technologies allow employees to return to the office with confidence,” said Dana Robbins Schneider, SVP of Energy, Sustainability and ESG at ESRT. “Our Fitwel certifications reinforce ESRT leadership and commitment to environmental, social, and governance (ESG) standards leadership.”

For over a decade, ESRT has consistently ensured the highest quality of the in-building experience for its employees and tenants. A leader in the energy efficiency and sustainability domain, ESRT is a recent recipient of the GRESB 5 Star Rating, widely recognized as the most rigorous standard for the sustainability performance of real estate companies and their funds. ESRT announced that in its first year of submission to GRESB, the company received the highest possible GRESB 5 Star Rating and Green Star recognition. With a score of 88 in the 2020 GRESB Real Estate Assessment, ESRT’s achievement places the company in the top 20% of all respondents. 

ESRT is also the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types focused on operational policies, maintenance protocols, emergency plans, and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.

Joanna Frank, President, and CEO of CfAD stated, “We are excited to welcome ESRT as a Fitwel Champion and congratulate ESRT on certification across many of their assets, including the world-famous Empire State Building. ESRT has long been an industry leader with great influence, and this successful implementation of Fitwel across their existing assets brings greater awareness to the critical area of health and wellness, providing inspiration for the entire commercial real estate industry.”

About Empire State Realty Trust 

Empire State Realty Trust, Inc. (NYSE: ESRT) 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.” ESRT is a leader in energy efficiency in the built environment and sustainability and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.

In its first year of submission, ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top 20% of all respondents.  GRESB is recognized globally as a rigorous standard widely recognized as one of the best measures of sustainability performance of real estate companies and funds.

The Company’s office and retail portfolio covers 10.1 million rentable square feet, as of  September 30, 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 Fitwel and the Center for Active Design

In just three years, Fitwel has become the leading global health certification system, seeing a dramatic uptick in use, with 80% growth in certifications annually. Generated by expert analysis of over 5,600 academic research studies, Fitwel is implementing a vision for a healthier future where all buildings and communities are enhanced to strengthen health and well-being. Fitwel was created by the U.S. Centers for Disease Control and Prevention and U.S. General Services Administration. The Center for Active Design, a global not-for-profit organization, was selected as the licensed operator of Fitwel, charged with expanding Fitwel to the global market.

Media Contact Information:

Stacey-Ann Hosang

  • 212-736-3100

Brock Talbot

  • 212-850-2679

Empire State Realty Trust Expands ClearView Healthcare Partners at 111 West 33rd Street

NEW YORK CITY, December 17, 2020 – Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that ClearView Healthcare Partners, a global strategy firm with consultants who serve the life science sector, signed a new eleven-year lease at 111 West 33rd Street for 39,067 square feet. The space was recaptured by ESRT from a prior tenant and fulfills the expansion needs of ClearView Healthcare Partners, who currently occupy 10,539 square feet at the property.

“It is great to expand an excellent tenant, ClearView Healthcare Partners, at 111 West 33rd Street,” said Thomas Durels, EVP, Real Estate.  “ClearView knows that they can return to the office with confidence with ESRT’s leadership in Indoor Environmental Quality.  ESRT’s portfolio is the first in North America to be certified under the WELL Health-Safety Rating, in addition to our advanced health and safety protocols and energy efficiency leadership.”

David Stockel and Brian Mackenzie from CBRE, Inc. represented ClearView Healthcare Partners in the deal. Keith Cody provided landlord representation from ESRT with Scott J. Klau, Erik S. Harris, and Neil L. Rubin from Newmark Knight Frank.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) 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.” ESRT is a leader in energy efficiency in the built environment and sustainability and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.

In its first year of submission, ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top 20% of all respondents.  GRESB is recognized globally as a rigorous standard widely recognized as one of the best measures of sustainability performance of real estate companies and funds.

The Company’s office and retail portfolio covers 10.1 million rentable square feet, as of  September 30, 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. 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of words such as “assumes,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects” or the negative of these words or similar words or expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT’s control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, the current public health crisis and economic disruption from the COVID-19 pandemic, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT’s and ESROP’s filings with the SEC, including those set forth in each of ESRT’s and ESROP’s Annual Report on Form 10-K for the year ended December 31, 2019, under the heading “Risk Factors”. Except as may be required by law, ESRT and ESROP do not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise.

MEDIA CONTACT:      

Empire State Realty Trust

Alexandra Chernin | 212-736-3100

achernin@empirestaterealtytrust.com

Empire State Realty Trust Announces Grant H Hill to Join Board of Directors

NEW YORK – (BUSINESS WIRE) – Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) today announced that Grant H. Hill has joined its Board of Directors, effective November 30. Grant H. Hill’s appointment to the Company’s Board of Directors fills a newly created vacancy on the Board following the Board’s decision to increase its size from eight to nine directors.

Mr. Hill is an owner and Vice Chairman of the Board of Directors of the Atlanta Hawks Basketball Club. Mr. Hill has invested in and developed more than $200 million of commercial real estate through Hill Ventures, Inc. He is the co-founder and a member of the investment committee of Penta Mezzanine Fund, a private investment firm that provides customized growth capital solutions to profitable, lower-middle-market companies nationwide.

He is an independent member of the Board of Governors of the NCAA, a member of the Board of Directors and Secretary of the NBA Retired Players Association and a member of the Board of Governors for the Naismith Memorial Basketball Hall of Fame, amongst other professional and extensive community and not-for-profit involvements. He earned a B.A. in History from Duke University. Mr. Hill is one of the greatest college and professional basketball players of all time, and an Olympic gold medal winner.

“Grant’s leadership and team skills, experience in branding, and entrepreneurial successes will add value to our Board and assist the brand development of our Observatory business,” said Anthony E. Malkin, Empire State Realty Trust’s Chairman and Chief Executive Officer. “Our Board refreshment over the last 24 months has added digital commerce and real estate investment expertise, and we are fortunate to welcome Grant and his valuable experience and insight to our Board of Directors.”

“I am delighted to join Empire State Realty Trust’s Board of Directors and such an accomplished leadership team,” said Mr. Hill. “Empire State Realty Trust is an innovative company that has me excited to work with this exceptional Board to help influence its future.”

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) 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.” ESRT is a leader in energy efficiency in the built environment and sustainability, and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.

ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top 20% of all respondents. GRESB is recognized globally as a rigorous standard widely recognized as one of the best measures of sustainability performance of real estate companies and funds.

The Company’s office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 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.

https://www.businesswire.com/news/home/20201202005154/en/

Investors
Empire State Realty Trust Investor Relations
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IR@empirestaterealtytrust.com