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