Empire State Realty Trust Announces 2022 Tax Treatment of Its Distributions

Rhea-AI Summary

Empire State Realty Trust (NYSE: ESRT), a prominent REIT managing diverse assets in Manhattan and New York, announced the 2022 tax treatment of its Class A common stock distributions. Stockholders are encouraged to consult tax advisors regarding the cash distributions paid throughout 2022, which totaled $0.140 per share, with specific allocations outlined for various tax reporting categories. Notably, the Empire State Building remains a key asset and a top U.S. attraction, enhancing the company’s profile in the real estate market.

Positive

• Total cash distribution per share for 2022 was $0.140.
• Empire State Building continues to be a leading attraction, enhancing brand value.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World’s Most Famous Building, and TripAdvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined iconic Empire State Building Observatory. Today, the Company announced the 2022 tax treatment of the Company’s Class A common stock distributions, as described below. The following table summarizes, for income tax purposes, the nature of the cash distributions paid by the Company to its stockholders during the year ended December 31, 2022 and the appropriate Form 1099-DIV box number. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s distributions.

	CUSIP: 292104106
	Record Date		Payment Date		Total Distribution per Share		Total Distribution Allocable to 2022		Box 1a Ordinary Dividends		Box 1b Qualified Dividend (Included in Box 1a)	Box 3 Nondividend Distributions	Box 5 Section 199A Dividends (Included in Box 1a)
	3/15/2022		3/31/2022		$0.035		$0.035		$0.035		$0.000	$0.000	$0.035
	6/15/2022		6/30/2022		$0.035		$0.035		$0.035		$0.000	$0.000	$0.035
	9/15/2022		9/30/2022		$0.035		$0.035		$0.035		$0.000	$0.000	$0.035
	12/19/2022		12/30/2022		$0.035		$0.035		$0.035		$0.000	$0.000	$0.035
			Total		$0.140		$0.140		$0.140		$0.000	$0.000	$0.140

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World’s Most Famous Building, and TripAdvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined 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 publicly traded REIT portfolio in New York City. As of September 30, 2022, ESRT’s portfolio is comprised of approximately 9.2 million rentable square feet of office space, 700,000 rentable square feet of retail space and 625 residential units across two multifamily properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter and LinkedIn.

Category: Financial

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Investors

Empire State Realty Trust Investor Relations

(212) 850-2678

IR@esrtreit.com

Source: Empire State Realty Trust, Inc.

FAQ

What is the total cash distribution per share for Empire State Realty Trust in 2022?

The total cash distribution per share for 2022 was $0.140.

How should stockholders treat Empire State Realty Trust's cash distributions for tax purposes?

Stockholders are advised to consult their personal tax advisors regarding the treatment of cash distributions.

When were the cash distributions paid by Empire State Realty Trust in 2022?

The cash distributions were paid throughout 2022 on various dates, including March 31, June 30, September 30, and December 30.

What is the record date for the cash distributions of Empire State Realty Trust in 2022?

Record dates for the distributions varied, including March 15, June 15, September 15, and December 19, 2022.

How does the Empire State Building influence Empire State Realty Trust's market presence?

The Empire State Building is a significant asset and a top-rated attraction, enhancing Empire State Realty Trust's market presence and brand value.