NEW YORK CITY, NY – October 19, 2011 – (RealEstateRama) — The Empire State Building has completed a new set of high-end pre-builts on the 65th floor, following successful introductions and leasing of high-end pre-builts on the 53rd and 75th floors, announces Anthony E. Malkin, president of Malkin Holdings, which supervises the building.
The units on the 53rd and 75th floors were leased by tenants including The People’s Daily, one of China’s largest news agencies; Turkish Airlines; law firm Napoli Bern Ripka; X5 Music Group; and the Aberleen Group, a financial services firm – often before the spaces were completed, and at high-watermark rents.
“Leasing of our new energy-efficient pre-builts has been an enormous success throughout the W&H Properties portfolio, for which the Empire State Building is now the model and flagship,” says Mr. Malkin. “Tenants appreciate the combination of high-end finishes, sustainable materials and appliances, energy savings, sub-metered electric, efficient layouts, and exceptional amount of sunlight that enters interior spaces through glass-walled offices and conference rooms. And at the Empire State Building, of course, you have unbeatable views.”
The units on the 65th floor range from 2,800 square feet to 6,000 square feet and are available for immediate occupancy.
Soaring 1,454 feet above Midtown Manhattan, the Empire State Building is the World’s Most Famous Office Building. With new investments in infrastructure, public areas and amenities totaling more than $550 million, the Empire State Building has attracted and continues to attract corporate tenants in a diverse array of industries from around the world.
The Empire State Building also has taken a leading role in sustainability, partnering with the Clinton Climate Initiative, Rocky Mountain Institute, Johnson Controls and Jones Lang LaSalle to develop an innovative process for a comprehensive energy efficiency retrofit program that will reduce the building’s total energy consumption by 38% and that has led the building to receive an Energy Star rating of 90, placing it in the top 10% in energy efficiency among all buildings measured under the Energy Star program. The energy retrofit program that contributed to the Energy Star designation was also an important element in receiving the LEED-EB Gold certification from the United States Green Building Council.
The Empire State Building’s upgrades – planned and completed – include a comprehensive restoration of the Art Deco lobby and ceiling, along with the creation of a dedicated 34th Street tenant entrance, visitor desk and access control, messenger center, new restrooms, air-conditioned public corridors, new marble elevator cabs, 6,500 new windows, improvements to the building-wide mechanical and electrical systems, and improved security systems.
Part of the W&H Properties’ Pre-War Trophy office portfolio, the Empire State Building is supervised by Malkin Holdings LLC, one of New York City’s most financially stable ownerships. Additional high-end pre-built office suites are still available throughout the building, along with fully white-boxed partial and full floors ready for tenant build-out from 10,000 square feet, and a contiguous large block of up to 275,000 square feet now available. Broker commissions are paid in full at lease signing.
From: W&H PROPERTIES
Contact: Rachel Antman or David Grant, LVM Group Inc.
(212) 499-6570; (212) 499-6565
rachel (at) lvmgroup (dot) com; david (at) lvmgroup (dot) com
