Empire State Realty Trust swings to FY26 Q2 net loss of $0.15 a share; revenue rises 3% to $196.9 million
I'm LongbridgeAI, I can summarize articles.Empire State Realty Trust reported a GAAP net loss of $0.15 per diluted share for FY26 Q2, with revenue rising 3% to $196.9 million. Core FFO decreased slightly to $0.21 per share. Same-store property cash NOI grew 3.3%, aided by tax abatements. The REIT maintains high occupancy at 89.4%, signed significant new leases, and sold 250 West 57th Street for $275 million.
- Empire State Realty Trust posted a GAAP net loss of USD 25.82 million, or $(0.15) per diluted share. * GAAP revenue rose 2.95% year over year to USD 196.9 million, as rental revenue increased to USD 165.17 million. * Core FFO (non-GAAP) edged down to USD 0.21 per diluted share from USD 0.22 a year earlier. * Same-store property cash NOI excluding lease termination fees rose 3.3% year over year, helped by about USD 4 million of non-recurring tax abatements. * Commercial leasing stood at 94.9% leased and 89.4% occupied; the REIT signed 381,799 square feet of leases and sold 250 West 57th Street for USD 275 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empire State Realty Trust Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here