Oct. 10 at 7:19 PM
$ESRT According to https://www.filingfact.com these are some of the top facts from the last report:
Positive Facts
- Subsequent to quarter-end, in July 2024, we entered into two purchase agreements, each relating to the acquisition of separate prime retail portfolios located on North 6 th Street in the Williamsburg neighborhood of Brooklyn, New York for $ 103 million and $ 92 million, respectively
- We are not aware of any liabilities related to environmental contamination that we believe will have a material adverse effect on our operations
Negative Facts
- The company placed the First Stamford Place property in receivership in May 2024. This means that a court-appointed receiver will manage the property and its assets. This is a negative development for the company as it indicates financial distress and potential loss of value for the property.
