Empire State Realty Trust, Inc. (NYSE: ESRT) announced today it has signed a full-floor lease with Transit Wireless at 1400 Broadway for 32,499 square feet.
"We are pleased to accommodate the growth of Transit Wireless through a relocation from 1350 Broadway, where they occupied 24,503 sq. ft. though sublease," said Thomas P. Durels, executive vice president, real estate for ESRT. "Transit Wireless' employees will enjoy the newly built tenant lounge at 1400 Broadway with superior Indoor Environmental Quality delivered through new ventilation systems with MERV-13 filters and active bi-polar ionization that kills 99.92% of coronaviruses. We achieved a coveted 5 Star Rating from GRESB in our first year of submission for sustainability performance, were the first in the United States to achieve the WELL Health Safety Rating for our entire portfolio and were just named Fitwel champions from the rigorous third-party healthy building certification."
1400 Broadway comprises 37 floors with 935,401 rentable square feet at a prime location just steps from Herald Square with easy access to transportation, dining, and entertainment. The building boasts new MERV-13 filters and industry-leading AtmosAir bi-polar ionization capabilities to provide superior indoor environmental quality and promote a confident return to the office.
"With this new, larger space, Transit Wireless expands its commitment to New York City's recovery," said Melinda White, chief executive officer of Transit Wireless. "Our new office puts employee safety at the forefront with industry-leading air technology, enhanced social distancing, and safe business practices, as we scale and prepare for future growth."
Tenant representation was provided by Michael Gottlieb, Susan Kahaner, Jennifer Ogden and Martin Cottingham of Avison Young. Landlord representation was provided by Keith Cody and Shanae Ursini of ESRT, along with Scott J. Klau, Erik S. Harris, and Neil L. Rubin of Newmark Knight Frank. Additional information about current leasing availabilities at 1400 Broadway can be found online.
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." ESRT is a leader in energy efficiency in the built environment and sustainability, and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.
