Empire State Realty Trust To Buy Scholastic’s SoHo HQ For $386M
Empire State Realty Trust is scooping up the Scholastic Building in an all-cash sale-leaseback deal, the two companies announced Tuesday. …
Empire State Realty CEO Tony Malkin Says NYC Is Insulated From AI Job Impacts
Artificial intelligence is already eliminating jobs, but not the kind that need a New York office, Empire State…
The N.Y. Deal Sheet (November 4, 2025)
Debt tied to a 49-building Manhattan portfolio owned by Croman Real Estate has been sold. Flagstar Bank, which…
Empire State Realty Left Out Of Busy Quarter For Manhattan Office Leasing
While many Manhattan office owners had a bumper third quarter, Empire State Realty Trust had its slowest leasing…
NYC Landlords Up AI Use To Placate Needy Renters, Reduce Staff
As more landlords and property managers are integrating artificial intelligence into their operations, they found two major benefits — more…