Question 1

What is Empire State Realty Trust's total costs & expenses?

Accepted Answer

Empire State Realty Trust (ESRT) reported total costs & expenses of $47.77M in Q2 2026.

Question 2

How has Empire State Realty Trust's total costs & expenses changed year-over-year?

Accepted Answer

Empire State Realty Trust's total costs & expenses increased by 6.4% year-over-year, from $44.88M to $47.77M.

Question 3

What is the long-term trend for Empire State Realty Trust's total costs & expenses?

Accepted Answer

Over 4 years (2021 to 2025), Empire State Realty Trust's total costs & expenses has grown at a 9.8% compound annual growth rate (CAGR), from $126.99M to $184.71M.

Question 4

What does total costs & expenses mean?

Accepted Answer

The aggregate of all operating, administrative, and maintenance costs incurred to support business activities. Monitoring this metric helps assess the company's operational efficiency and cost control discipline.

(amounts in thousands, except per share amounts)	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Other revenue and fees	7,240	2,939	11,317	4,871
Total revenues	196,899	191,250	387,224	371,316
Operating expenses:
Property operating expenses	47,774	44,880	95,518	89,940
Ground rent expenses	1,506	2,332	3,837	4,663
General and administrative expenses	25,123	18,685	43,216	35,625
Observatory expenses	11,795	9,822	19,663	17,940
Real estate taxes	32,912	32,607	67,525	65,657

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Empire State Realty Trust ESRT Total costs & expenses