Empire State Realty Trust
People:
Empire State Realty Trust NYC portfolio
$4.9 billion* – office 80.0%, elevator 9.0%; Manhattan 91.0%, Brooklyn 8.0%
28th largest portfolio by dollar value
7,278,777 sqft – office 87%, elevator 9%;
32th largest by SF
30 properties – Manhattan 56%, Brooklyn 43%
310th largest
743 residential units – Manhattan 97%, Brooklyn 2%
334th largest by residential units
0 foreclosures, 0 bankruptcies, 3 other court cases.
Company Activity past 24 months:
Buyer company: 9 for $221.4 million
Top Ten Associated Companies:
L3 Capital (6), Fetner Properties (3), Mann Group (2), NYS Housing Finance Agency (2), Morgan Stanley (1), Federal Home Loan Mortgage Corporation (1), Jacob Lerman (1), Morris Lerman (1), Broad Street Development (1), Crow Holdings Capital (1)
Top Ten Associated People:
Domenic Lanni (6), Harold A. Fetner (3), Eric Mann (2), Kathryn Marnell (2), Jacob Lerman (1), Morris Lerman (1), Raymond Chalme (1)
Recent activity as company:
• Jacob Lerman and Morris Lerman sold 169 Wythe Avenue and 88 North 6th Street, Williamsburg, Brooklyn for $0 to Empire State Realty Trust on February 06, 2025.
• L3 Capital sold 111 North 6th Street, Williamsburg, Brooklyn for $35 million to Empire State Realty Trust on November 15, 2024.
• L3 Capital sold 92 North 6th Street, Williamsburg, Brooklyn for $17 million to Empire State Realty Trust on November 14, 2024.
• L3 Capital sold 85 North 6th Street, 81 North 6th Street, 89 North 6th Street, and 91 North 6th Street, Williamsburg, Brooklyn for $68 million to Empire State Realty Trust on October 03, 2024.
• L3 Capital sold 102 North 6th Street, Williamsburg, Brooklyn for $28.6 million to Empire State Realty Trust on October 03, 2024.
• L3 Capital sold 124 North 6th Street, Williamsburg, Brooklyn for $18.1 million to Empire State Realty Trust on October 02, 2024.
• L3 Capital sold 134 N 6th Street, Williamsburg, Brooklyn for $28.3 million to Empire State Realty Trust on October 01, 2024.
• Mann Group sold 157-159 Wythe Avenue, Williamsburg, Brooklyn for $15 million to Empire State Realty Trust on September 29, 2023.
• Mann Group sold 161 Wythe Avenue, Williamsburg, Brooklyn for $11.4 million to Empire State Realty Trust on September 29, 2023.
• Broad Street Development and Crow Holdings Capital sold 298 Mulberry Street, NoHo, Manhattan for $114.9 million to Empire State Realty Trust on December 28, 2022.
Latest Stories:
• ESRT signs contract to buy two Williamsburg retail properties (February 07, 2025)
• Empire State Realty Trust pays $35M to L3 Capital for retail in Williamsburg (November 18, 2024)
• Empire State Realty Trust pays $17M to L3 Capital for retail in Williamsburg (November 15, 2024)
• ESRT pays $28.6M to L3 Capital in third related Williamsburg purchase (October 03, 2024)
• Empire State Realty Trust pays $28.3M to L3 Capital for retail in Williamsburg (October 02, 2024)
Court Records:
Properties: