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Empire State Realty ( (ESRT) ) has issued an update.
Empire State Realty Trust highlights its impressive third quarter 2024 results, with net income at $0.08 per share and Core FFO rising to $0.26 per share. The company’s strategic expansions include a significant acquisition in Williamsburg, Brooklyn, and an admirable 5.2% increase in same-store property cash NOI. With a robust leasing activity of 304,000 rentable square feet and a liquidity of over $0.9 billion, ESRT continues to solidify its position in the NYC real estate market, maintaining high occupancy rates and earning top accolades for its iconic Empire State Building Observatory.
See more insights into ESRT stock on TipRanks’ Stock Analysis page.
