Empire State Realty Trust, Inc. Form SCHEDULE 13D — Oct 5, 2026
Bruce Schanzer's Erez entities filed a Schedule 13D disclosing beneficial ownership of 10,000,000 shares, or 5.8%, of Empire State Realty Trust's Class A Common Stock, purchased with roughly $43 million of fund working capital. The filing is activist in nature: the Reporting Persons state the stock is undervalued and say they have communicated with management and the Board about capital allocation, operations, and a potential strategic review of some or all of the Issuer's assets.
Key figures
- Shares Outstanding
- 172165643
- Date Of Event
- 2026-10-01
- Percent Of Class
- 5.8%
- Investment Amount Usd
- $43 million including commissions
- Erez Opportunities Shares
- 7500000
- Erez Opportunities Percent
- 4.4%
- Recent Purchase Price Range
- $4.08-$4.46 per share
- Shares Owned Reporting Persons
- 10000000
AI analysis
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