Thomas Durels
(Thomas P. Durels)
Executive Vice President And Director Of Leasing And Operations
Empire State Realty Trust
Owner
Empire State Realty Trust NYC portfolio
$5.5 billion -office 84%, elevator 7%, condo 3%; Manhattan 94%, Brooklyn 5%*
30th largest portfolio by dollar value
8,466,354 sqft – office 88%, elevator 8%, condo 1%; Manhattan 98%, Brooklyn 1%
39th largest by SF
32 properties – Manhattan 60%, Brooklyn 40%
295th largest
745 residential units – Manhattan 96%, Brooklyn 3%
434th largest by residential units
0 foreclosures, 0 bankruptcies, 177 other court cases.
Person Activity past 24 months:
Buyer signatory: 8 for $226 million
Top Ten Associated Companies:
L3 Capital (6), Jacob Lerman (2), Morris Lerman (2), Mann Group (2)
Top Ten Associated People:
Domenic Lanni (6), Jacob Lerman (2), Morris Lerman (2), Eric Mann (2)
Recent activity as signatory:
• Morris Lerman and Jacob Lerman sold 90 North 6 Street for $31 million to Empire State Realty Trust on June 30, 2025.
• L3 Capital sold 130 Berry Street for $35 million to Empire State Realty Trust on October 31, 2024.
• L3 Capital sold 94 North 6 Street for $17 million to Empire State Realty Trust on October 30, 2024.
• L3 Capital sold 104 North 6 Street for $28.6 million to Empire State Realty Trust on September 25, 2024.
• L3 Capital sold 136 North 6 Street for $28.3 million to Empire State Realty Trust on September 25, 2024.
• L3 Capital sold 85 North 6 Street for $68 million to Empire State Realty Trust on September 25, 2024.
• L3 Capital sold 149 Berry Street for $18.1 million to Empire State Realty Trust on September 25, 2024.
• Jacob Lerman and Morris Lerman sold 86 North 6 Street for $0 to Empire State Realty Trust on September 16, 2024.
• Mann Group sold 79 North 6 Street for $11.4 million to Empire State Realty Trust on September 14, 2023.
• Mann Group sold 157 Wythe Avenue for $15 million to Empire State Realty Trust on September 14, 2023.
Latest Stories:
• ESRT pays $31M for retail in Williamsburg (July 15, 2025)
• 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)