CLA Nearly Triples Office Space with ESRT at One Grand Central Place

Empire State Realty Trust, Inc.

PR97314

 

NEW YORK, Aug. 3, 2022 /PRNewswire=KYODO JBN/ --

 

Empire State Realty Trust, Inc. ( https://www.esrtreit.com/ ) (NYSE: ESRT)

announced today that CLA (CliftonLarsonAllen LLP) (

https://www.claconnect.com/en ), the eighth largest accounting firm in the

United States, expanded to lease the entire 51st floor of One Grand Central

Place for a total of 12,422 square feet. CLA is tripling in size at the

building after moving in less than two years ago.

 

Logo -

https://mma.prnewswire.com/media/479871/Empire_State_Realty_Trust_Inc_Logo.jpg 

 

"We are excited about our growth with Empire State Realty Trust at One Grand

Central Place and the additional opportunities we'll be able to create in this

space," said Jen Leary, CEO, CLA. "Our expansion was a turnkey, enjoyable

process thanks to ESRT, and is a testament to the dedication and

forward-looking vision of our professionals."

 

One Grand Central Place offers premier tenant office spaces and amenities which

include a tenant-only conference center, multiple dining options, and

in-building access to Grand Central Terminal's five subway lines, commuter

trains, and retailers.

 

"We are pleased to accommodate CLA's growth at One Grand Central Place," said

Thomas P. Durels, executive vice president, real estate at Empire State Realty

Trust. "We continue to serve the market's flight to quality with our extensive

in-building amenities and fully modernized spaces that deliver a premier

environment with unparalleled convenience."

 

Andrew Blaustein and Ben Shapiro of Newmark represented CLA in the lease

negotiations. Scott Klau, Neil Rubin, Erik Harris, and William Cohen of Newmark

represented the property owner.

 

More information about One Grand Central Place can be found online (

https://c212.net/c/link/?t=0&l=en&o=3610761-1&h=282531930&u=https%3A%2F%2Fwww.esrtreit.com%2Fproperties%2Foffice%2Fone-grand-central-place1%2F&a=online

).

 

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages

office, retail and multifamily assets in Manhattan and the greater New York

metropolitan area. ESRT owns the Empire State Building, the World's Most Famous

Building, and Tripadvisor's 2022 Travelers' Choice Best of the Best Awards #1

attraction in the U.S. and #3 attraction in the world, the newly reimagined and

iconic Empire State Building Observatory.  The company is a leader in healthy

buildings, energy efficiency, and indoor environmental quality and has the

lowest greenhouse gas emissions per square foot of any publicly traded REIT

portfolio in New York City.  As of June 30, 2022, ESRT's portfolio is comprised

of approximately 9.2 million rentable square feet of office space, 700,000

rentable square feet of retail space and 625 residential units across two

multifamily properties.  More information about Empire State Realty Trust can

be found at https://esrtreit.com and by following ESRT on Facebook (

https://c212.net/c/link/?t=0&l=en&o=3610761-1&h=2831705310&u=https%3A%2F%2Fwww.facebook.com%2FEmpireStateRealtyTrust%2F&a=Facebook

), Instagram (

https://c212.net/c/link/?t=0&l=en&o=3610761-1&h=90587852&u=https%3A%2F%2Fwww.instagram.com%2Fesrtsocial%2F&a=Instagram

) , Twitter (

https://c212.net/c/link/?t=0&l=en&o=3610761-1&h=592905610&u=https%3A%2F%2Ftwitter.com%2Fesrtsocial%3Flang%3Den&a=Twitter

) and LinkedIn (

https://c212.net/c/link/?t=0&l=en&o=3610761-1&h=3549162929&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fempire-state-realty-trust%2F&a=LinkedIn

).  

 

About CLA

CLA exists to create opportunities for our clients, our people, and our

communities through industry-focused wealth advisory, outsourcing, audit, tax,

and consulting services. With more than 7,500 people, 121 U.S. locations, and a

global vision, we promise to know you and help you. For more information, visit

https://CLAconnect.com . Investment advisory services are offered through

CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment

advisor.  

 

Forward-Looking Statements  

This press release contains forward-looking statements within the meaning of

the Federal securities laws. You can identify these statements by our use of

words such as "assumes," "believes," "estimates," "expects," "intends,"

"plans," "projects" or the negative of these words or similar words or

expressions that do not relate to historical matters. You should exercise

caution in interpreting and relying on forward-looking statements, because they

involve known and unknown risks, uncertainties and other factors which are, in

some cases, beyond ESRT's control and could materially affect actual results,

performance or achievements. Such factors and risks include, without

limitation, the current public health crisis and economic disruption from the

COVID-19 pandemic, 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 and ESROP's filings with

the SEC, including those set forth in each of ESRT's and ESROP's Annual Report

on Form 10-K for the year ended December 31, 2021 under the heading "Risk

Factors." Except as may be required by law, ESRT and ESROP do not undertake a

duty to update any forward-looking statement, whether as a result of new

information, future events or otherwise.

 

SOURCE: Empire State Realty Trust, Inc.

 

CONTACT: Empire State Realty Trust, Brock Talbot, +1 347-804-7863,

btalbot@esrtreit.com  

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