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EMPIRE STATE REALTY TRUST EMPIRE STATE REALTY TRUST ANNOUNCES FIRST QUARTER 2021 RESULTS - Earnings Per Share of ( $ 0.02 ) Per Fully Diluted Share - - Core FFO of $ 0.15 Per Fully Diluted Share - - $ 1.4 Billion of Liquidity , No Outstanding Debt Maturity Through 2024 - - Indoor Environmental Quality and Energy Efficiency Differentiate Portfolio - New York , New York , April 28 , 2021 - Empire State Realty Trust , Inc. ( NYSE : ESRT ) ( the " Company " ) , a real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area , today reported its operational and financial results for the first quarter of 2021 . " We remain realistic about the current market and confident in New York City's recovery . The ongoing , successful vaccination rollout , increased leasing and sales of apartments , enthusiastic return to restaurants and entertainment , and increased tours by office brokers and tenants all are bellwethers for our predicted bottom in New York City by the end of the first quarter of 2022. Rent collection levels remain stable , we continue to operate efficiently , and visits to the Empire State Building Observatory continue to grow gradually off a low base consistent with our forecast , " stated Anthony E. Malkin , Empire State Realty Trust's Chairman , President and Chief Executive Officer . “ ESRT published its inaugural sustainability report that provides details on its ESG accomplishments in April , when we were named an ENERGY STAR Partner of the Year and announced our participation in the Empire Building Challenge on the heels of the announcement that as of January 100 % of ESRT's portfolio is powered by renewable wind energy . We have begun to see interesting opportunities on the investment side as the market disruption and uncertainty have their impacts . " First Quarter and Recent Highlights • Earnings per share was ( $ 0.02 ) per fully diluted share . • Core Funds From Operations ( " Core FFO " ) was $ 0.15 per fully diluted share . Same - Store Property Cash NOI excluding lease termination fees was up 3.0 % from the first quarter of 2020 primarily driven by lower property operating expenses , partially offset by lower revenue compared to the prior year period .