OGCP (Empire State Realty OP LP) Buildings And Improvements : $0.0 Mil (As of Sep. 2024)

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What is Empire State Realty OP LP Buildings And Improvements?

Empire State Realty OP LP Buildings And Improvements Historical Data

The historical data trend for Empire State Realty OP LP's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Empire State Realty OP LP Buildings And Improvements Chart

Empire State Realty OP LP Annual Data

Trend

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Buildings And Improvements

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Empire State Realty OP LP Quarterly Data
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Empire State Realty OP LP Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Empire State Realty OP LP Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty OP LP (ARCA:OGCP) » Definitions » Buildings And Improvements

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FISK:USA ESBA:USA

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.esrtreit.com

Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.