Risk factors

Empire State Realty Trust (ESRT) risk factors

Item 1A of every Empire State Realty Trust, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    59 risks, 5 new, 4 dropped, 11 reworded since the prior year. ESRT faces heightened New York regulatory and tenant concentration risks alongside ongoing vulnerability in Empire State Building observatory revenue.

    Filed Mar 02, 2026
  • FY2024 10-K risk factors

    58 risks. ESRT faces heavy geographic and asset concentration in the New York metropolitan area, particularly the Empire State Building and Observatory.

    Filed Feb 28, 2025