NEW YORK CITY, May 11, 2016 – Empire State Realty Trust, Inc. (NYSE: ESRT) announces that ZS Associates, Inc., a global leader specializing in sales and marketing, has leased nearly 20,000 square feet of office space at the Empire State Building.
The Empire State Building’s international brand recognition and Urban Campus continue to attract tenants looking to recruit and retain top talent. The full suite of on-site amenities includes a tenant-only conference center, Manhattan’s largest tenant-only fitness center, bike room, distributed antenna system and seven in-building dining options.
“We are delighted to have another global business leader join the exclusive tenant roster at the Empire State Building,” says Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT. “ZS Associates’ leased space on the 51st floor has stunning 360 degree views, and will impress their employees and visitors from around the world.”
Other tenants of the Empire State Building include LinkedIn, Bulova, Coty, Expedia, Global Brands Group, Skanska, HNTB and Media General Digital.
Joe Arnstein, Erik Schmall and Daniel Thompson of Savills Studley represented ZS Associates, Inc. in the lease negotiations. Landlord representation was provided by Ryan Kass, Fred C. Posniak and Shanae Ursini of ESRT, along with Paul Glickman, Jonathan Fanuzzi, Kip Orban and Harley Dalton of JLL.
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 December 31, 2015, 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 720,000 rentable square feet in the retail portfolio.
*Please note all lease square footages are approximate.
Forward-Looking Statements
This press release includes “forward looking statements.” Forward-looking statements may be identified by the use of words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “pro forma,” “estimates,” “contemplates,” “aims,” “continues,” “would” or “anticipates” or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: the factors included in (i) the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, including those set forth under the headings “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Business,” and “Properties” and (ii) in future periodic reports filed by the Company under the Securities and Exchange Act of 1934, as amended. While forward-looking statements reflect the Company’s good faith beliefs, they are not guarantees of future performance. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. For a further discussion of these and other factors that could impact the Company’s future results, performance or transactions, see the section entitled “Risk Factors” in the Annual Report on Form 10-K for the year ended December 31, 2015, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Prospective investors should not place undue reliance on any forward-looking statements, which are based only on information currently available to the Company (or to third parties making the forward-looking statements).
