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Empire State Realty Appoints George Malkin to Board

Story Highlights
  • Empire State Realty Trust appointed George L. W. Malkin to its Board of Directors.
  • Mr. Malkin’s appointment is anticipated to strengthen the company’s strategic leadership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Empire State Realty Appoints George Malkin to Board

Elevate Your Investing Strategy:

Empire State Realty ( (ESRT) ) has issued an announcement.

Empire State Realty Trust announced on July 14, 2025, that George L. W. Malkin has joined its Board of Directors, effective July 13, 2025. Mr. Malkin, who has a strong background in operational and financial roles, is the son of the company’s CEO and grandson of its Chairman Emeritus. His appointment is expected to bring valuable insights to the board, enhancing the company’s strategic direction and leadership.

The most recent analyst rating on (ESRT) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on Empire State Realty stock, see the ESRT Stock Forecast page.

Spark’s Take on ESRT Stock

According to Spark, TipRanks’ AI Analyst, ESRT is a Outperform.

Empire State Realty’s overall stock score is supported by strong earnings call insights and positive technicals. Financial performance shows growth but is tempered by cash flow challenges and moderate leverage. Valuation suggests potential overvaluation, while a robust balance sheet and strong leasing activity are key positives.

To see Spark’s full report on ESRT stock, click here.

More about Empire State Realty

Empire State Realty Trust, Inc. (NYSE: ESRT) is a New York City-focused real estate investment trust (REIT) that manages a portfolio of modernized office, retail, and multifamily properties. Its flagship property is the iconic Empire State Building, which features a renowned Observatory. The company is recognized for its leadership in energy efficiency and indoor environmental quality, with a portfolio comprising approximately 7.9 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 732 residential units as of March 31, 2025.

Average Trading Volume: 1,744,235

Technical Sentiment Signal: Sell

Current Market Cap: $1.38B

For a thorough assessment of ESRT stock, go to TipRanks’ Stock Analysis page.

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