- Empire State Realty Trust (ESRT) is up 2.6% in early trading following its IPO at $13 per share (the low end of the expected $13-$15 range).
- The REIT is internally managed and currently owns 12 office properties in the NY metro area. Seven are located in midtown Manhattan, including the Empire State Building.
Empire State gains after IPO
Oct 2 2013, 10:23 ET