Empire State Realty Trust ESRT Observatory — Observatory expenses
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Where this comes from
Reported directly by Empire State Realty Trust in its filing.
Tagged under the XBRL concept esrt:ObservatoryExpense.
The official record: Empire State Realty Trust’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Empire State Realty Trust's observatory — observatory expenses?
- Empire State Realty Trust (ESRT) reported observatory — observatory expenses of $7.87M in Q1 2026.
- How has Empire State Realty Trust's observatory — observatory expenses changed year-over-year?
- Empire State Realty Trust's observatory — observatory expenses decreased by 3.1% year-over-year, from $8.12M to $7.87M.
- What is the long-term trend for Empire State Realty Trust's observatory — observatory expenses?
- Over 4 years (2021 to 2025), Empire State Realty Trust's observatory — observatory expenses has grown at a 13.3% compound annual growth rate (CAGR), from $23.21M to $38.24M.
- What does observatory — observatory expenses mean?
- Represents the specific operational costs required to run the Observatory attraction, including staffing, marketing, visitor security, and guest experience management. These costs are distinct from general property maintenance and are directly tied to the volume and quality of visitor traffic.