NEW YORK (Oct. 28, 2021) – Empire State Realty Trust (NYSE: ESRT) announced today that Davidson, Dawson, & Clark, LLP, a leading Trusts and Estates firm in New York City, has renewed their lease at One Grand Central Place. The lease for the 12,715-square-foot unit has been extended for 11 years.
“Our valuable relationship with ESRT was one component in our decision to extend our lease at One Grand Central Place,” said James Kelly, managing partner at Davidson, Dawson, & Clark, LLP. “The added benefit of the building’s amenities and prime location, along with ESRT’s commitment to healthy buildings and indoor environmental quality, made our choice to renew and extend our lease easy.”
One Grand Central Place offers 55 stories of modern, energy-efficient office space and amenities which include a tenant-only conference center, multiple dining options, and in-building access to Grand Central Station’s commuter trains, five subway lines, and retailers. Equipped with premier indoor environmental quality measures – which include MERV 13 filters, active bi-polar ionization, and increased ventilation – and a beneficiary of ESRT’s leadership in energy efficiency, One Grand Central Place provides a confident return to office for tenants and visitors.
“We are delighted that Davidson, Dawson, & Clark has extended our decade-long relationship for another decade with a renewal of their lease with us at One Grand Central Place,” said Thomas P. Durels, executive vice president, real estate at ESRT.
Norman Bobrow and David Badner of Norman Bobrow & Co., Inc. represented Davison, Dawson, & Clark, LLP in the lease negotiations. Property owner representation was provided by Ryan Kass of Empire State Realty Trust, and Erik Harris, Neil Ruben, Scott Klau, and William Cohen of Newmark.
More information about One Grand Central Place, as well as current availability, can be found online.
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About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) 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.” The company’s office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2021, which consists of 9.4 million rentable square feet across 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; as well as approximately 700,000 rentable square feet in the retail portfolio.
