Empire State Realty Trust Cuts Energy Use 39% Across Portfolio — Empire State Realty Trust, Inc.

Event summary

Empire State Realty Trust (ESRT) published its 2025 Sustainability Report, highlighting a 39% reduction in energy use across its office portfolio since 2009.
The Empire State Building achieved LEEDv5 Platinum certification, the first in New York State.
100% of ESRT’s NYC commercial office portfolio is now ENERGY STAR or NextGen certified.
ESRT received its third consecutive WELL Health-Safety Leadership Award and Healthy Building Catalyst Award.

The big picture

ESRT’s sustainability report underscores the growing importance of ESG metrics in real estate investment trusts (REITs), particularly in high-profile urban markets like New York City. The company’s achievements in energy efficiency and health-focused certifications position it as a leader in a sector increasingly scrutinized for environmental impact. With approximately 7.9 million square feet of office space under management, ESRT’s ability to scale these initiatives will be critical in maintaining its competitive edge.

What we're watching

Sustainability Leadership: Whether ESRT can maintain its top GRESB ranking and 5-Star rating amid increasing competition in ESG performance among REITs.
Energy Efficiency: The pace at which ESRT can further reduce energy use across its portfolio, particularly in older buildings.
Market Differentiation: How ESRT’s sustainability achievements will translate into tenant retention and attraction in a competitive NYC office market.