ESRT Expands Priceline’s Agoda to Full Floor at Empire State Building
“We are thrilled that Agoda, has expanded to a full floor with us and extended its lease at the Empire State Building. Our Urban Campus amenities and services, along with our full Empire State ReBuilding has created a building which serves 21st Century’s leading businesses” said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT. “Agoda represents the 120th lease expansion within our portfolio since our IPO less than four years ago.”
Agoda is Priceline’s Asian online hotel-booking service that provides accommodations to travelers in more than 20 countries. Agoda employs more than 2,500 travel professionals as part of the Priceline Group, the largest seller of rooms online.
Deborah van der Heyden, Paul Ferraro and Matt Livingston of JLL represented Agoda in the lease negotiations. Landlord representation was provided by Fred Posniak and Shanae Ursini of ESRT, along with Paul Glickman, Jonathan Fanuzzi, Simon Landmann, 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 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.
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