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Office landlords report growth in spite of oversupply risk
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The latest round of market reports showed New York City offices having enduring appeal, with leasing activity and rental rates flirting with record highs.
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Empire State Realty wins lawsuit against non-profit radio station Pacifica WBAI
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Empire State Realty Trust has won its lawsuit against non-profit radio station Pacifica WBAI. Photo by Teri Tynes/ Flickr ESRT, which sued Pacifica over
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French bakery Maison Kayser relocating to 1400 Broadway
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Empire State Realty Trust announced that Maison Kayser has signed a long-term lease at 1400 Broadway. Photo via Empire State Realty Trusts website Maison
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Empire State Realty Trust signs 12 lease deals in three Broadway buildings
04
Empire State Realty Trust has signed more than 55,000 s/f of leases for pre-built spaces in three Broadway buildings. Most of the deals were at 1350 Broadway
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City’s retail rainmakers make bid for REBNY title
06
The Real Estate Board of New York (REBNY) has announced the outstanding retail deals of 2020 that will compete for its coveted Retail Deal of the Year
Deals & Dealmakers
Analytics firm Sisense relocating to ESRT’s 1359 Broadway
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Empire State Realty Trust announced Sisense Inc., an industry leader in data analytics, has signed a long-term, full-floor lease for 24,000 s/f at 1359 Broadway.
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Belkin Burden takes 30,000 s/f at One Grand Central
05
 Savills  announced that it represented Belkin Burden Goldman, LLP (BBG) in one of the largest new leases for a law firm in New York City since March 2020.
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ESRT closes on $180M loan for midtown tower
06
Empire State Realty Trust has closed on a $180 million mortgage loan for 250 West 57th Street, a 542,000 s/f Manhattan office and retail property.
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Architecture firm COOKFOX gains LEED certification for its Manhattan office
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COOKFOX, known for environmentally responsible, progressive architectural design, announced that its new office space at 250 West 57th Street, owned by
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Gap takes 80,000 s/f at 111 West 33rd Street
06
Empire State Realty Trust  announced thatGap Inc. has leased two full floors totaling 80,900 sq. ft. at 111 West 33rd Street, home of ESRT’s corporate headquarters.
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ESB fintech tenant expands to 35,000 s/f
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Empire State Realty Trust announced that iCapital Network Inc., a financial technology platform providing access to alternative investments, which currently
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ESRT to move Empire State Building’s Observatory entrance
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Empire State Realty Trust will relocate the Empire State Building’s Observatory entrance from 5th Avenue to 34th Street, between 5th and 6th Avenue, a