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Human Rights Watch Expands by More Than 50 Percent at Empire State Building; Will Occupy 70,000 Square Feet in Total, on Three Floors

NEW YORK CITY, NY – November 22, 2011 – (RealEstateRama) — Human Rights Watch, the international advocacy group, has renewed and expanded its space at the Empire State Building, announces Anthony Malkin, president of Malkin Holdings LLC, which supervises the building.

The organization renewed its existing space of 45,783 square feet on the entire 34th and part of the 35th floors, and took an additional 24,299 square feet on part of the 33rd floor and the remainder of the 35th floor. As a result, it will occupy a contiguous block on two full floors and most of a third.
“We are delighted to see Human Rights Watch renew and expand in the World’s Most Famous Office Building,” says Mr. Malkin. “Throughout our portfolio, this is the best sign of our successful efforts — when quality tenants decide to stay and grow.”

Brian Waterman of Newmark Knight Frank represented Human Rights Watch in the lease negotiations, along with his colleagues Larry Bank, Kenneth Kronstadt and Rick Kramer. William Cohen and Ryan Kass of Newmark Knight Frank represented the landlord.

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