-- New Transaction Keeps Midtown Retail Property at 100% Leased

Empire State Realty Trust, Inc. ( https://www.esrtreit.com ) (NYSE: ESRT) 
announced today that it welcomed national jewelry brand Pandora with a lease 
signed at 112 W. 34th Street ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=1314575909&u=https%3A%2F%2Fwww.esrtreit.com%2Fproperties%2Fretail%2F112-west-34th-street2%2F&a=112+W.+34th+Street 
). All retail spaces at 112 W. 34th Street are fully leased as Pandora will 
occupy a store previously leased to Swatch.

Photo - https://mma.prnewswire.com/media/1944066/NEw_YORK.jpg
Logo - 
https://mma.prnewswire.com/media/479871/Empire_State_Realty_Trust_Inc_Logo.jpg 

Located opposite Macy's and one block west of the Empire State Building, 
Pandora will join Sephora, Target, and Foot Locker at the nexus of  the 34th 
Street shopping corridor.

"The retail brands at 112 W 34th Street are some of our best performing stores 
based on store foot traffic and retail sales," said Fred C. Posniak, SVP, 
Leasing at Empire State Realty Trust. "We are pleased to bring another great 
brand to the ESRT portfolio."

Robert Gibson and David Berke of JLL represented Pandora in the lease 
negotiations. Fred C. Posniak of ESRT represented the property owner.

More information about 112 W. 34th Street can be found online ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=1928324394&u=https%3A%2F%2Fwww.esrtreit.com%2Fproperties%2Fretail%2F112-west-34th-street2%2F&a=online 
).

About Empire State Realty Trust  
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages 
office, retail and multifamily assets in Manhattan and the greater New York 
metropolitan area. ESRT owns the Empire State Building, the World's Most Famous 
Building, and Tripadvisor's 2022 Travelers' Choice Best of the Best Awards #1 
attraction in the U.S. and #3 attraction in the world, the newly reimagined and 
iconic Empire State Building Observatory. The company is a leader in healthy 
buildings, energy efficiency, and indoor environmental quality and has the 
lowest greenhouse gas emissions per square foot of any publicly traded REIT 
portfolio in New York City.  As of September 30, 2022, ESRT's portfolio is 
comprised of approximately 9.2 million rentable square feet of office space, 
700,000 rentable square feet of retail space and 625 residential units across 
two multifamily properties. More information about Empire State Realty Trust 
can be found at esrtreit.com ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=1967165959&u=https%3A%2F%2Fwww.empirestaterealtytrust.com%2F&a=esrtreit.com 
) and by following ESRT on Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=1008934395&u=https%3A%2F%2Fwww.facebook.com%2FEmpireStateRealtyTrust%2F&a=Facebook 
), Instagram ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=2441952233&u=https%3A%2F%2Fwww.instagram.com%2Fesrtsocial%2F&a=Instagram 
), Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=3082583215&u=https%3A%2F%2Ftwitter.com%2Fesrtsocial%3Flang%3Den&a=Twitter 
) and LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3706054-1&h=1197511828&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fempire-state-realty-trust%2F&a=LinkedIn 
). 

Forward-Looking Statements  

This press release contains forward-looking statements within the meaning of 
the Federal securities laws. You can identify these statements by our use of 
words such as "assumes," "believes," "estimates," "expects," "intends," 
"plans," "projects" or the negative of these words or similar words or 
expressions that do not relate to historical matters. You should exercise 
caution in interpreting and relying on forward-looking statements, because they 
involve known and unknown risks, uncertainties and other factors which are, in 
some cases, beyond ESRT's control and could materially affect actual results, 
performance or achievements. Such factors and risks include, without 
limitation, the current public health crisis and economic disruption from the 
COVID-19 pandemic, a failure of conditions or performance regarding any event 
or transaction described above, regulatory changes, and other risks and 
uncertainties described from time to time in ESRT's and ESROP's filings with 
the SEC, including those set forth in each of ESRT's and ESROP's Annual Report 
on Form 10-K for the year ended December 31, 2021 under the heading "Risk 
Factors." Except as may be required by law, ESRT and ESROP do not undertake a 
duty to update any forward-looking statement, whether as a result of new 
information, future events or otherwise. 

SOURCE Empire State Realty Trust, Inc.

CONTACT: Empire State Realty Trust, Brock Talbot, 347-804-7863, 
btalbot@esrtreit.com