Empire State Realty Trust reported a net loss of $(0.15) per share for the second quarter of 2026, driven by a $166.1 million non-cash goodwill impairment charge related to its Observatory reporting unit and $5.5 million in one-time severance costs. These items were excluded from Core Funds From Operations (Core FFO), which came in at $0.21 per share. The company completed the disposition of 250 West 57th Street for $275 million, including buyer assumption of $180 million in debt, and acquired land under two Broadway Campus assets for $110 million. Same-Store Property Cash NOI excluding lease termination fees increased 3.3% year-over-year to $69.4 million, though adjusted for non-recurring tax abatements, it decreased 3.2%. The company updated its full-year 2026 Core FFO guidance range downward to $0.75–$0.79 per share from the previous $0.85–$0.89 range. Empire State Realty Trust operates as a New York City-focused real estate investment trust owning and operating office, retail, and multifamily assets.