Empire State Realty Trust, Inc. 8-K

What Happened

• On June 2, 2026, Empire State Realty Trust, Inc. (ESRT) filed a Form 8-K under Regulation FD to post an investor presentation on its investor relations site (https://investors.esrtreit.com). The presentation was furnished as Exhibit 99.1 and is expected to be used in meetings at the Nareit REITweek 2026 Investor Conference. The filing was signed by Executive Vice President and Chief Financial Officer Stephen V. Horn.

Key Details

• Date filed: June 2, 2026; presentation furnished as Exhibit 99.1.
• Presentation posted to ESRT investor relations website for use at Nareit REITweek 2026.
• The deck defines and discloses ESRT’s non‑GAAP measures, including Net Operating Income (NOI), Property Cash NOI (and variants excluding lease termination fees), EBITDA and Adjusted EBITDA, and Net Debt to Adjusted EBITDA (with adjustments for acquisitions/dispositions).
• ESRT’s Same Store definition and specific exclusions as of March 31, 2026: 86–90 N. Sixth St (acquired June 2025), 41–55 N. Sixth St (acquired March 2026), 130 Mercer (acquired Dec 2025), and Metro Center, Stamford, CT (disposed Dec 2025).

Why It Matters

• The filing is a Regulation FD disclosure making ESRT’s investor presentation broadly available; it signals the company’s prepared messaging for investors and analysts at a major REIT conference.
• The detailed definitions of NOI, Property Cash NOI, EBITDA/Adjusted EBITDA and Net Debt to Adjusted EBITDA are important because investors commonly use these non‑GAAP metrics to assess property-level performance and leverage — but ESRT also warns these measures exclude certain GAAP costs (interest, depreciation, gains/losses on sales, etc.) and should be analyzed alongside GAAP results.
• Retail investors should review the presentation (Exhibit 99.1) for the company’s stated operating metrics and reconciliations to better compare ESRT’s performance and leverage with peers.