Empire State Realty OP Series 60 Units (OGCP)
Operates New York City offices, retail, apartments, and the Empire State Building Observatory.
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Operates New York City office, retail, and multifamily properties, earning mostly rental revenue, and sells timed admission to the Empire State Building Observatory. OGCP represents non-voting Series 60 limited-partnership units that receive the same per-unit distributions as ESRT Class A shares, while ESRT controls their exchange for cash or Class A shares.
Runs a New York City portfolio of office, retail, and multifamily properties, handling office and retail leasing, management, redevelopment, and dispositions directly. Rental income comes from base rent, escalations, tenant reimbursements, lease-termination fees, management fees, and other property fees; multifamily operations use a third-party manager.
Sells timed admission to the Empire State Building's Observatory experiences and licenses its broadcasting mast to television and radio broadcasters. Modernized buildings, tenant service, pre-built office space, direct property management, and energy-efficiency work are central to the operating model.
Operates through a partnership controlled by ESRT, its sole general partner. OGCP Series 60 units are non-voting, trade at lower volume than ESRT Class A shares, and can be exchanged for cash or Class A shares at ESRT's election.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $85.6M · Total debt $2.26B · Total assets $4.27B · Shareholders' equity $1.79B
- Revenue
- $196.9M
- Operating income
- $27.4M
- Net income
- −$24.8M
HistoryDividendAnnual yield
| Institutions | ≈ 1.48% | 330.0K shares | |
|---|---|---|---|
| 38 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Other | ≈ 98.52% | 21.97M shares | |
| remainder | |||
22.30M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (22.30M in the company's Sep 23, 2026 report, 267.37M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 3 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Advisor Group Holdings, Inc.Institution | 0.34% | 25,374 · 25,374 · 25,374 | as of Jun 30, 2026 |
Susquehanna International Group, LLPInstitution | 0.33% | 24,283 · 24,283 · 24,283 | as of Jun 30, 2026 |
Ci Private Wealth, LLCInstitution | 0.29% | 21,874 · 21,874 · 21,874 | as of Jun 30, 2026 |
Wealthspire Advisors, LLCInstitution | 0.16% | 12,067 · 12,067 · 12,067 | as of Jun 30, 2026 |
Montag A & Associates IncInstitution | 0.15% | 10,938 · 10,938 · 10,938 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Empire State Realty OP Series 60 Units | $3.96 | −5.94% | $652.9M | — | — | 0.8 | +3.0% |
| SL Green Realty | $51.82 | −1.26% | $3.73B | — | — | 3.6 | +16.5% |
| Vornado Realty Trust | $35.02 | −0.75% | $6.64B | 1,065.9 | — | 3.6 | +4.7% |
| BXP | $63.60 | −1.10% | $10.26B | 34.6 | 31.0 | 2.9 | +3.1% |
| Rithm Capital | $9.54 | −1.09% | $5.38B | 16.1 | 4.3 | 1.0 | +205.4% |
| Median | 34.6 | 17.6 | 3.3 | +10.6% |