NEW YORK, March 2, 2022 /PRNewswire/ — Empire State Realty Trust, Inc. (NYSE: ESRT) today announced a new lease with Progyny, Inc. a leading company in the management of fertility benefits, at 1359 Broadway. Progyny has committed to occupy 70,573 square feet over three floors, including one floor it previously sublet, one floor Progyny will occupy in late 2022, and a third floor it will occupy in early 2024.
“We are growing rapidly as more employers recognize the value of Progyny’s comprehensive fertility and family building solution,” said Pete Anevsky, CEO of Progyny. “We look forward to expanding our presence at our headquarters in New York City with Empire State Realty Trust.”
Located along the new pedestrian-only Broadway Plaza, 1359 Broadway offers convenient access to major transportation hubs, subway lines, restaurants, accommodations and shopping. The fully modernized office building features industry-leading energy efficiency and indoor environmental quality measures at a fraction of the cost of newer buildings.
“Our key indoor environmental quality measures and energy-efficient practices continue to attract high-quality tenants who appreciate our value proposition,” said Thomas P. Durels, Executive Vice President, Real Estate at Empire State Realty Trust. “Progyny is a welcome addition to our excellent roster of tenants at 1359 Broadway following a successful sublease.”
David Falk, Kyle Ciminelliand Dylan Weisman of Newmark Knight Frank represented Progyny, Inc. in lease negotiations. Owner representation was provided by Shanae Ursini and Jordan Berger of the ESRT, and Paul J. Amrich, Emilie Chabrier, Neil V. King IIIand Meghan Allen from CBRE.
More information about 1359 Broadway, and current availability, can be found in line.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a New York-based REIT that owns and manages a well-positioned real estate portfolio of office, retail and multi-family assets in manhattan and the biggest new York Metropolitan area. Owner of the Empire State Building, the most famous building in the world, ESRT also owns and operates its iconic and newly redesigned Observatory Experience. The company is a leader in healthy buildings, energy efficiency and indoor environmental quality, and has the lowest greenhouse gas emissions per square foot of any listed REIT portfolio. stock market New York City. From December 31, 2021, ESRT’s portfolio includes approximately 9.4 million leasable square feet of office space, 700,000 leasable square feet of retail space and 625 units across two multi-family properties. For more information about Empire State Realty Trust, visit esrtreit.com and following ESRT on Facebook, instagram, Twitter and LinkedIn.
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of words such as “assumes”, “believes”, “estimates”, “expects”, “intends”, “plans”, “projects” or the negative of those words or similar words or phrases that have nothing to do with the story. You should exercise caution in interpreting and relying on forward-looking statements, as they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond ESRT’s control and could materially affect actual results, performance or achievements. These factors and risks include, but are not limited to, the current public health crisis and economic disruption due to the COVID-19 pandemic, failure of terms or performance with respect to any event or transaction described above, regulatory changes and other risks and uncertainties described from time to time. time in ESRT’s and ESROP’s SEC filings, including those set forth in each of ESRT’s and ESROP’s annual reports on Form 10-K for the fiscal year ended December 31, 2021 under “Risk Factors”. Except as required by law, ESRT and ESROP do not undertake to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Empire State Realty Trust, Inc.