Empire State Realty Trust ESRT Observatory — Observatory expenses

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FAQ

What is Empire State Realty Trust's observatory — observatory expenses?

Empire State Realty Trust (ESRT) reported observatory — observatory expenses of $11.8M in Q2 2026.

How has Empire State Realty Trust's observatory — observatory expenses changed year-over-year?

Empire State Realty Trust's observatory — observatory expenses increased by 20.1% year-over-year, from $9.82M to $11.8M.

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.