Who Owns Empire State Building?
Updated onExplore the ownership hierarchy of Empire State Building. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Empire State Building
Empire State Building is a historic Art Deco skyscraper in Midtown Manhattan that serves as both a major office building and a New York City observatory attraction with panoramic city views.
Starts at $44 / ticket
Empire State Realty Trust, Inc.
Empire State Realty Trust, Inc. is a publicly traded, NYC-focused real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties, including the Empire State Building and its Observatory, with a strong emphasis on energy efficiency and indoor environmental quality.
Empire State Building
Empire State Building is a historic Art Deco skyscraper in Midtown Manhattan that serves as both a major office building and a New York City observatory attraction with panoramic city views.
Starts at $44 / ticket
Empire State Realty Trust, Inc.
Empire State Realty Trust, Inc. is a publicly traded, NYC-focused real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties, including the Empire State Building and its Observatory, with a strong emphasis on energy efficiency and indoor environmental quality.
Major Shareholders
Empire State Building
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Empire State Realty Trust, Inc. NYSE-listed real estate investment trust (ticker ESRT) that, through wholly owned subsidiaries (including ESRT Empire State Building, L.L.C. and related entities), owns and operates the Empire State Building and the land beneath it; the building itself has no separate public float or standalone shareholder base. | Corporate | 100.0% | 100.0% | Dec 2025 |
Empire State Realty Trust, Inc.
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Qatar Investment Authority Sovereign wealth fund of the State of Qatar. Holds ~29.9M ESRT Class A shares (~17.6% of outstanding common shares as of Dec. 30, 2024). Under its investment agreement, QIA’s voting rights are contractually capped at 9.9% of total voting power; excess votes on its shares are cast in proportion to other shareholders. | Government | 17.6% | 9.9% | Dec 2024 |
Vanguard Group Inc. Largest institutional shareholder via index and ETF products. Based on 13F/major-holder data as of Sept. 30, 2025; percentage is approximate and may change over time. | Institutional | 11.5% | — | Sep 2025 |
BlackRock, Inc. Large passive institutional owner through iShares ETFs and other funds. Ownership based on major-holder disclosures as of Sept. 30, 2025; percentage approximate. | Institutional | 9.9% | — | Sep 2025 |
Ameriprise Financial, Inc. Owns ESRT primarily through its asset-management affiliates (e.g., Columbia Management). Stake from institutional holder filings as of Sept. 30, 2025. | Institutional | 7.0% | — | Sep 2025 |
Resolution Capital Ltd Australian investment manager specializing in listed real estate securities; long‑standing ESRT shareholder. Percentage based on Schedule 13G/13F data through Sept. 30, 2025. | Institutional | 4.1% | — | Sep 2025 |
State Street Corporation Index and ETF provider (including SPDR funds) holding ESRT on behalf of clients. Ownership from institutional holder reports as of Sept. 30, 2025. | Institutional | 3.6% | — | Sep 2025 |
JPMorgan Chase & Co. Holds ESRT through asset‑management and wealth‑management accounts. Percentage from major institutional holder data as of Sept. 30, 2025. | Institutional | 2.7% | — | Sep 2025 |
Principal Financial Group, Inc. Insurance and asset‑management group; ESRT position held in various client portfolios. Ownership level from Sept. 30, 2025 filings. | Institutional | 2.3% | — | Sep 2025 |
T. Rowe Price Investment Management, Inc. Active asset manager; ESRT held in several T. Rowe Price funds and accounts. Approximate stake based on Sept. 30, 2025 institutional ownership reports. | Institutional | 2.1% | — | Sep 2025 |
Geode Capital Management, LLC Quantitative index manager and sub‑advisor (including for certain Vanguard index funds). Ownership figure from Sept. 30, 2025 13F/major-holder data. | Institutional | 2.1% | — | Sep 2025 |
CenterSquare Investment Management LLC Real‑estate–focused investment manager with an ESRT position in listed REIT strategies. Percentage based on institutional holder data as of Sept. 30, 2025. | Institutional | 2.0% | — | Sep 2025 |
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