(MENAFNEditorial) NEW YORK, Sept. 20, 2017 /PRNewswire/ --Empire State Realty Trust (NYSE: ) has signed a 108,000 sq. ft. transaction with Fragomen, Del Rey, Bernsen & Loewy, LLP ("Fragomen") totaling three full floors at 1400 Broadway.
"Fragomen joins a roster of high quality tenants at 1400 Broadway," said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT. "Fragomen was attracted to the desirable Times Square South neighborhood and the property's 21st Century modernization combined with its unique building characteristics."
Fragomen is an international law firm with more than 40 offices in 20 countries, representing large Fortune 500 companies in industries ranging from technology to sports and entertainment.
John Shaunfield, Seth Weinstein and Paul Ippolito of Newmark Knight Frank represented Fragomen in the lease negotiations. Landlord representation was provided by Keith Cody of ESRT, along with Newmark Knight Frank's Scott Klau, Erik Harris and Neil Rubin.
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, 2017, 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.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by use of the words "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" and similar expressions that do not relate to historical matters. You should exercise caution in relying on forward-looking statements, because they involve risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially affect actual results. Such factors and risks include, without limitation, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT's filings with the SEC. Except as may be required by law, ESRT does not undertake a duty to update any forward-looking statement.
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SOURCE Empire State Realty Trust
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