NEW YORK CITY, November 29, 2017 – Empire State Realty Trust (NYSE: ESRT) has signed a 10,500 sq. ft. full-floor lease with MSG Sports & Entertainment, LLC (MSG) at 111 West 33rd Street.
“MSG was attracted to 111 West 33rd Street’s convenient location and its new modern lobby designed by STUDIOS Architecture,” said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT. “They will join ESRT headquarters at the newly repositioned 111 West 33rd Street, steps away from MSG’s world-famous arena.”
MSG is home to some of the most recognized brands in professional sports. Working directly with franchises that include the NBA, NHL and the WNBA, they cater to fans in iconic venues through world-class sporting events.
Neil Goldmacher and Andrew Sachs of Newmark Knight Frank represented MSG in the lease negotiations. Landlord representation was provided by Keith Cody of ESRT, along with Newmark Knight Frank’s Scott Klau, Erik Harris and Neil Rubin.
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 September 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.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by use of the words “assumes,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects” and similar expressions that do not relate to historical matters. You should exercise caution in relying on forward-looking statements, because they involve risks, uncertainties and other factors which are, in some cases, beyond ESRT’s control and could materially affect actual results. Such factors and risks include, without limitation, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT’s filings with the SEC. Except as may be required by law, ESRT does not undertake a duty to update any forward-looking statement.