Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Charles Schwab, an American multinational financial services company, will renew its 10,702 square foot lease at One Grand Central Place.

"We are pleased to continue our long term relationship with Charles Schwab at One Grand Central Place," said Thomas P. Durels, Executive Vice President, Real Estate for ESRT. "Charles Schwab recognizes the value and convenience to their customers of being located directly across from Grand Central Terminal."

One Grand Central Place is also home to JPMorgan Chase Bank and as ESRT announced in September 2019, a new location for First Republic Bank.

Steve Soutendijk from Cushman & Wakefield, Inc, David Green from Colliers International NY LLC & Paul Spiegel from Scopa CRE represented Charles Schwab & Co., Inc. Landlord representation was provided by Fred C. Posniak of ESRT.

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 March 31, 2020 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.