---
schema_version: "secwatch.filing_event.v1"
accession: "0001541401-25-000034"
form_type: "8-K"
ticker: "ESRT"
cik: "0001541401"
company_name: "Empire State Realty Trust, Inc."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:38:42.571664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ESRT Q3 Core FFO $0.23, net income $0.05; reiterates 2025 guidance; occupancy up

## Summary
- Net income of $0.05 per diluted share; Core FFO of $0.23 per share.
- Same-Store Property Cash NOI (ex termination fees) down 1.5% YoY; +1.1% adjusted for non-recurring items.
- Manhattan office occupancy rose 80 bps sequentially to 90.3%; total commercial portfolio 90.0%.
- Signed 87,880 RSF of commercial leases; blended Manhattan office spreads +3.9% (17th consecutive positive quarter).
- Reaffirmed 2025 Core FFO guidance $0.83-$0.86; $0.8B liquidity; $175M unsecured notes priced at 5.47% due 2031.

## SEC filing metadata
- accession: 0001541401-25-000034
- form_type: 8-K
- ticker: ESRT
- cik: 0001541401
- company_name: Empire State Realty Trust, Inc.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1541401/000154140125000034/0001541401-25-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1541401/000154140125000034/esrt-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001541401-25-000034
- JSON: https://secwatch.observer/filing/0001541401-25-000034.json
- Plain text: https://secwatch.observer/filing/0001541401-25-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.