{"id":1004764180,"date":"2025-07-08T02:56:35","date_gmt":"2025-07-08T10:56:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004764180"},"modified":"2025-07-08T22:44:53","modified_gmt":"2025-07-09T06:44:53","slug":"esrt-lands-tenant-at-empire-state-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/","title":{"rendered":"ESRT Lands Tenant at the Empire State Building"},"content":{"rendered":"
\n
\"Exterior<\/a>
The 2.8 million-square-foot office building went through cosmetic renovations in 2019. Image courtesy of Yardi Research Data<\/em><\/figcaption><\/figure><\/div>\n\n\n

Mott MacDonald NY Inc. has signed a 25,372-square-foot leasing agreement at the Empire State Building in Manhattan. The company will occupy a full floor at Empire State Realty Trust\u2019s 102-story tower.<\/p>\n\n\n\n

Colliers represented the tenant in the lease negotiations, while Newmark, as well as an in-house executive, worked on behalf of the property owner.<\/p>\n\n\n\n

The engineering, development, and management consultancy firm will also continue to occupy its current 27,226-square-foot space at ESRT\u2019s 1400 Broadway, a 36-story office building less than a mile from the Empire State Building.<\/p>\n\n\n\n

ESRT acquired the 2.8 million-square-foot asset in October 2013 from Helmsley Enterprises as part of a $771.2 million portfolio transaction, according to Yardi Research Data. The building was completely renovated in 2011 and went through cosmetic renovations in 2019.<\/p>\n\n\n\n

\n\n\n\n

READ ALSO:<\/strong> Manhattan Office Market Shows a Promising Start<\/a><\/p>\n\n\n\n

\n\n\n\n

Built in 1931, the skyscraper is LEED Platinum-certified and comprises more than 127,000 square feet of first-floor and mezzanine-level retail space, the same source shows. The building features floorplates ranging between 12,905 square feet and 100,512 square feet and 64 passenger elevators.<\/p>\n\n\n\n

Amenities at the high-rise total more than 65,000 square feet and include an on-site conference center, a fitness center, the Empire Lounge, a basketball court, dining options and seating areas, as well as two golf simulators.<\/p>\n\n\n\n

Colliers Vice Chair Sheena Gohil, Vice President Jack Senske and Senior Vice President Teresa DeLeo represented Mott MacDonald in the lease negotiations. Newmark Vice Chair Scott Klau, Executive Managing Directors Erik Harris and Brent Ozarowski, Managing Directors Neil Rubin and Zachary Weil, as well as Associate Director Cole Gendels, together with ESRT Vice President of Leasing Shanae Ursini, worked on behalf of the landlord.<\/p>\n\n\n\n

Manhattan\u2019s office vacancy rate drops<\/h2>\n\n\n\n

Manhattan\u2019s office vacancy rate as of May clocked in at 15.7 percent, 50 basis points lower year-over-year, according to the latest Yardi Matrix office report<\/a>. This figure was also well below the 19.4 percent national average. The borough\u2019s listing rate during the same month was $68.1.<\/p>\n\n\n\n

Earlier this spring, Deloitte signed a deal<\/a> to move its North American headquarters to 70 Hudson Yards, a 1.1 million-square-foot Manhattan tower. The company will occupy about 800,000 square feet at the project, which is set to come online in 2028.<\/p>\n\n\n\n

Back in April, ESRT also inked<\/a> a 77,382-square-foot lease renewal with Gerson Lehrman Group Inc. at One Grand Central Place, its 1.3 million-square-foot office tower in Manhattan\u2019s Murray Hill submarket.<\/p>\n","protected":false},"excerpt":{"rendered":"

A consultancy firm will occupy a full floor.<\/p>\n","protected":false},"author":3355,"featured_media":1004764187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1600,21742,10,21747],"tags":[35498,37228,34345,37677,50999],"class_list":["post-1004764180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-new-york","category-latest","category-northeast","category-office","tag-colliers","tag-empire-state-building","tag-empire-state-realty-trust","tag-mott-macdonald","tag-newmark"],"acf":[],"yoast_head":"\nESRT Lands Tenant at the Empire State Building - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Mott MacDonald NY Inc. has signed a full-floor, 25,372-square-foot leasing agreement at the Empire State Building in Manhattan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ESRT Lands Tenant at the Empire State Building\" \/>\n<meta property=\"og:description\" content=\"Mott MacDonald NY Inc. has signed a full-floor, 25,372-square-foot leasing agreement at the Empire State Building in Manhattan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-08T10:56:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-09T06:44:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/\",\"name\":\"ESRT Lands Tenant at the Empire State Building - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg\",\"datePublished\":\"2025-07-08T10:56:35+00:00\",\"dateModified\":\"2025-07-09T06:44:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"Mott MacDonald NY Inc. has signed a full-floor, 25,372-square-foot leasing agreement at the Empire State Building in Manhattan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg\",\"width\":640,\"height\":480,\"caption\":\"The 2.8 million-square-foot office building went through cosmetic renovations in 2019. Image courtesy of Yardi Research Data\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ESRT Lands Tenant at the Empire State Building\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\",\"name\":\"Vicentiu Fusea\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g\",\"caption\":\"Vicentiu Fusea\"},\"description\":\"Vicentiu Fusea is an associate editor with Commercial Property Executive and Multi-Housing News. He has joined the CPE-MHN team in 2023. Vicentiu writes stories mainly focusing on the student housing, office and MOB markets. You can reach out to him at vicentiu.fusea@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/vicentiu-fusea\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ESRT Lands Tenant at the Empire State Building - Commercial Property Executive","description":"Mott MacDonald NY Inc. has signed a full-floor, 25,372-square-foot leasing agreement at the Empire State Building in Manhattan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/","og_locale":"en_US","og_type":"article","og_title":"ESRT Lands Tenant at the Empire State Building","og_description":"Mott MacDonald NY Inc. has signed a full-floor, 25,372-square-foot leasing agreement at the Empire State Building in Manhattan.","og_url":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-07-08T10:56:35+00:00","article_modified_time":"2025-07-09T06:44:53+00:00","og_image":[{"width":640,"height":480,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg","type":"image\/jpeg"}],"author":"Vicentiu Fusea","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/","url":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/","name":"ESRT Lands Tenant at the Empire State Building - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg","datePublished":"2025-07-08T10:56:35+00:00","dateModified":"2025-07-09T06:44:53+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412"},"description":"Mott MacDonald NY Inc. has signed a full-floor, 25,372-square-foot leasing agreement at the Empire State Building in Manhattan.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg","width":640,"height":480,"caption":"The 2.8 million-square-foot office building went through cosmetic renovations in 2019. Image courtesy of Yardi Research Data"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/esrt-lands-tenant-at-empire-state-building\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"ESRT Lands Tenant at the Empire State Building"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412","name":"Vicentiu Fusea","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ccbed048a87c0b87e81af2c30e2684f6fa8c0d2e617f452b15c76e47efd445f8?s=96&d=mm&r=g","caption":"Vicentiu Fusea"},"description":"Vicentiu Fusea is an associate editor with Commercial Property Executive and Multi-Housing News. He has joined the CPE-MHN team in 2023. Vicentiu writes stories mainly focusing on the student housing, office and MOB markets. You can reach out to him at vicentiu.fusea@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/vicentiu-fusea\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Empire-state-building-1-e1751968658723.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004764180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3355"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004764180"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004764180\/revisions"}],"predecessor-version":[{"id":1004764324,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004764180\/revisions\/1004764324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004764187"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004764180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004764180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004764180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}