Empire State Realty Trust Achieves WELL Health-Safety Rating

First commercial portfolio to achieve the rating in the U.S.

SOURCE: International WELL Building Institute

DESCRIPTION:

NEW YORK, September 21, 2020 / 3BL Media/ -- The International WELL Building Institute (IWBI) today announced that Empire State Realty Trust, Inc. (NYSE: ESRT), the greater New York metro area office and retail real estate leader, is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating for Facility Operations and Management. ESRT’s portfolio is comprised of 14 office properties and six stand-alone retail properties totaling approximately 10.1 million rentable square feet, including the iconic Empire State Building.

The WELL Health-Safety Rating measures five categories: cleaning and sanitization procedures; emergency preparedness programs; health service resources; air and water quality management; and stakeholder engagement and communications.

ESRT’s participation will help restore confidence and trust among its employees, tenants, staff, and visitors. ESRT’s leadership comes from the top, its Chairman, CEO, and President, Anthony E. Malkin is also the Chair of the Real Estate Roundtable’s Sustainability Policy Advisory Committee and a member of the Mayor’s Advisory Board for the implementation of Local Law 97 in New York City.  Dana Robbins Schneider, SVP of Energy, Sustainability and ESG has worked with Mr. Malkin for more than 12 years, and until she joined ESRT was Managing Director of JLL’s Americas Energy and Sustainability Projects group.

Launched in June, the WELL Health-Safety Rating is an evidence-based, third-party verified rating for all new and existing building and space types and is focused on operational policies, maintenance protocols, emergency plans and stakeholder engagement strategies to help organizations prepare their spaces for re-entry in a post COVID-19 environment. Empire State Realty Trust joined more than 100 organizations, encompassing over 500 facilities, that responded swiftly to enroll in the documentation-based program and that continue to work towards implementing its scientific guidance.

“The COVID-19 pandemic has made it necessary for companies everywhere to elevate the importance of how they contribute to the health and safety of people. Empire State Realty Trust has gone above and beyond, demonstrating admirable leadership in incorporating best practices to more safely reopen our buildings, augmenting New York City’s resilience in response to the virus,” said Rick Fedrizzi, IWBI Chairman and CEO. “We are excited to celebrate this achievement with Empire State Realty Trust as they continue to create spaces that center on people, now and into the future.”

For more than a decade, Empire State Realty Trust has evaluated and implemented measures improve indoor environmental quality in its portfolio. The $165 million redevelopment completed in December 2019 of the Empire State Building Observatory mitigates direct, indirect and aerosol transmission through MERV 13 filtration, increased fresh air ventilation, and bipolar ionization air purification proven in an accredited laboratory to neutralize 99.92% of coronavirus. Similar measures have been made to upgrade health, safety and IEQ protocols throughout Empire State Realty Trust’s entire portfolio. 

Adapted from features in the WELL Building Standard (WELL) that focus on facilities maintenance and operations, the WELL Health-Safety Rating is designed to guide and empower the actions of large and small businesses alike in taking the necessary steps to prioritize the health and safety of their staff, visitors and stakeholders. It also serves as an annual process that supports efforts to promote the long-term health and safety of people.

“ESRT has implemented an evidence and science-based approach to ensure the health and safety of all of our building occupants.  We have focused on Indoor Environmental Quality for more than a decade and pioneered and showcased many sustainability practices through our renovations at the Empire State Building – practices we subsequently rolled out throughout our entire portfolio,” said Dana Robbins Schneider, SVP of Energy, Sustainability and ESG at ESRT. “We believe in the power of building performance to improve employee productivity and wellness.  Third party validation from the International WELL Buildings Institute confirms that ESRT meets and exceeds the most stringent features of healthy buildings.”

Created by IWBI, the WELL Health-Safety Rating is informed by guidance developed by the World Health Organization (WHO), U.S. Centers for Disease Control and Prevention (CDC), global disease control and prevention centers and emergency management agencies, recognized standard-making bodies, such as ASTM International and ASHRAE, and leading academic and research institutions. IWBI has leveraged insights from its Task Force on COVID-19, established at the outset of the pandemic to help business and building leaders integrate actionable insights and proven strategies in the fight against COVID-19 and other respiratory infections.

To learn more about the WELL Health-Safety Rating, visit https://www.wellcertified.com/health-safety.

About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the “World's Most Famous Building.” Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of  June 30, 2020 consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. 

About the International WELL Building Institute
The International WELL Building Institute (IWBI) is leading the global movement to transform our buildings, communities and organizations in ways that help people thrive. WELL v2 is the most recent version of its popular WELL Building Standard (WELL), and the WELL Community Standard pilot is a district scale rating system that sets a new global benchmark for healthy communities. WELL is focused exclusively on the ways that buildings and communities, and everything in them, can improve our comfort, drive better choices, and generally enhance, not compromise, our health and wellness. IWBI mobilizes the wellness community through management of the WELL AP credential, the pursuit of applicable research, the development of educational resources, and advocacy for policies that promote health and wellness everywhere. IWBI is a participant of the United Nations Global Compact, the world’s largest corporate citizenship initiative, and helps companies advance the UN Sustainable Development Goals (SDGs) through the use of WELL. More information on WELL can be found here.

International WELL Building Institute, IWBI, the WELL Building Standard, WELL v2, WELL Certified, WELL AP, WELL Portfolio, WELL Portfolio Score, The WELL Conference, We Are WELL, the WELL Community Standard, WELL Health-Safety Rating, WELL Health-Safety Rated, WELL Workforce, WELL and others, and their related logos are trademarks or certification marks of International WELL Building Institute pbc in the United States and other countries.

Tweet me: Empire State Realty Trust achieves WELL Health-Safety Rating. It is the first commercial portfolio to achieve the rating in the U.S. https://bit.ly/33I6nio @WELLCertified

KEYWORDS: Empire State Realty Trust, IWBI, International Well Building Institute, WELL Building Standard

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