RELEASE: ESRT welcomes Pandora to 112 W. 34th Street

A new operation maintains 100% of the commercial premises in the city center leased.

RELEASE: ESRT welcomes Pandora to 112 W. 34th Street

A new operation maintains 100% of the commercial premises in the city center leased

NEW YORK, Nov. 11, 2022 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it has welcomed national jewelry brand Pandora with the signing of a lease in 112 W. 34th Street. All retail space at 112 W. 34th Street is fully leased, as Pandora will occupy space previously leased from Swatch.

Located across from 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 retail corridor.

"The retail brands at 112 W 34th Street are some of our best performing stores based on foot traffic and retail sales," said Fred C. Posniak, senior vice president of leasing, 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 lease negotiations. Fred C. Posniak of ESRT represented the owner.

More information about 112 W. 34th Street is available online.

About Empire State Realty Trust

The Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multi-family assets in Manhattan and the New York metropolitan area. ESRT owns the Empire State Building, the most famous building in the world, and the #1 attraction in Tripadvisor's Travelers' Choice Best of the Best 2022 awards in the United States and the #3 attraction in the world, at the newly renovated 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 portfolio of publicly traded REITs in New York City. As of September 30, 2022, ESRT's portfolio consists of approximately 9.2 million leasable square feet of office space, 700,000 leasable square feet of retail space, and 625 units in two multi-family properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter and 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 "estimates", "believes", "estimates", "expects", "intends", "plans", "projects" or the negative form of these words or similar words or expressions. not related to historical matters. You should exercise caution in interpreting and relying on forward-looking statements as they involve known and unknown risks, uncertainties and other factors which, in some cases, are beyond ESRT's control and could materially affect actual results, performance or achievements. Such factors and risks include, but are not limited to, the ongoing public health crisis and economic disruption from the COVID-19 pandemic, a failure in terms or performance with respect to any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in the ESRT and ESROP filings with the SEC, including those set forth in each of the ESRT and ESROP Annual Reports on Form 10-K for the year ended December 31, 2021 under the title "Risk Factors". Except as required by law, ESRT and ESROP undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

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