Empire State Realty Q1 Core FFO $0.20, acquires Williamsburg retail for $46M, refinances $184M

Empire State Realty Trust, Inc.

2026-Q1 EPS reported $0.01 revenue$190,325,000

Net income $0.01 per share; Core FFO $0.20 per share for Q1 2026.
Same-Store Property Cash NOI (ex termination fees) up 5.5% YoY; adjusted up 1.3%.
Acquired vacant prime retail asset in Williamsburg, Brooklyn for $46M, redeploying capital from Metro Center sale.
Completed $184M in financings: $53.5M mortgage refinancing and $130M senior unsecured notes at 5.99% due 2032.
2026 guidance unchanged: Core FFO $0.85-$0.89; commercial occupancy 90-92% year-end.

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