Graduate Intern, Investments

Title: Graduate Intern, Investments

Department: Investments

Location: New York, NY

Reports To: Senior Investments Associate

FLSA: Non-Exempt

COMPANY SUMMARY

Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the iconic Empire State Building – “the World’s Most Famous Building” – and the newly reimagined Empire State Building Observatory that was named #1 attraction in the US for the second year in a row, in Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best. The company is a leader in healthy buildings, energy efficiency, and indoor environmental quality. As of June 30, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 718,000 rentable square feet of retail space and 721 residential units across three multifamily properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, Twitter and LinkedIn.

The dedicated team at ESRT is a collection of diverse individuals with a shared passion for excellence and a keen eye toward future growth. Headquartered in New York City, we harness the energy of the city in everything we do. We care for one another, work hard, and have a lot of fun doing it! We are Certified™ as a Great Place to Work® by the global authority, Great Place to Work®, on workplace culture, employee experience, and leadership behaviors. We prioritize and invest in the health and wellness of employees to attract, develop, and retain top-tier talent. ESRT values continuous employee development and encourages colleagues to excel in their roles and adapt to emerging business needs. From our crown jewel, The Empire State Building, to incredible buildings modernized for the 21st century, to outstanding customer service, and our decade-long leadership position in sustainability and energy efficient portfolio that is 100% fully powered by renewable wind electricity, we take pride in our work. ESRT seeks an equally passionate colleague to join the team, understand the vision and help achieve that vision.

POSITION SUMMARY

We are seeking a post-Graduate Intern to join our Investment team.

RESPONSIBILITIES

• Support investment underwriting, due diligence, and transaction execution
• Create presentations and memoranda for investment opportunities
• Conduct market research and identify industry trends to support new investment
• Maintain historical transactions, underwritten deals, and current pipeline opportunities
• Help execute business development initiatives
• Analyze historical portfolio performance
• Additional projects as directed

REQUIRED SKILLS

• Strong analytical and computer skills
• Collaborative team player with demonstrated leadership skills
• Excellent judgment with understanding of when to ask questions / escalate issues appropriately
• Strong attention to detail
• Excellent written and verbal communication skills and customer service skills
• Self-motivated, driven, organized, and hard working
• Integrity and a commitment to excellence
• Proficiency in Excel and PowerPoint, and experience with Argus modeling preferred

EDUCATION & EXPERIENCE

Currently enrolled in a MS in Real Estate or MBA program graduating in 2025.

WHAT YOU CAN EXPECT

At ESRT, like our tenants, our employees come from everywhere. We foster a richly diverse work environment that captures top talent and cultivates the best ideas. By focusing on inclusion and celebrating our differences, we create even greater value — in business practices, relationships, and employee engagement. As an Equal Opportunity Employer, we are committed to maintaining a diverse, inclusive and equitable work environment where our employees can thrive. In addition, ESRT employees embody our Company Culture & Success Factors -

• Adaptable – you are a self-starter who is able to quickly digest and execute new processes to work both collaboratively and independently
• Dynamic – you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRT
• Dependable – you take a strong sense of ownership and accountability over your work
• Passionate – you keep up with industry trends and are excited about the potential to propel the industry forward with a “roll-up-your-sleeves” attitude
• Curious – you consistently look for new ways to work smarter, not just harder
• Ethical – you treat others with respect, and embrace and contribute to a culture of diversity and inclusion
• Positive – you possess a service-oriented attitude with excellent follow through

WELL-BEING

• 40-hour work week, paid at a rate of $27.50 per hour
• A challenging, exciting, and meaningful 10-week experience, with ability to extend at team’s discretion
• Networking opportunities to get to know fellow interns and key leaders throughout ESRT
• An individual project to be presented to executive leadership
• Company sponsored lunches with leadership and outings
• Tour of the Empire State Building Observatory
• Volunteer time off
• Flex Summer Fridays