Empire State Realty Trust Renews Ernst & Young at First Stamford Place

NEW YORK, June 8, 2020 /PRNewswire/ — Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Ernst & Young renewed its lease…

NEW YORK, June 8, 2020 /PRNewswire/ — Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Ernst & Young renewed its lease at First Stamford Place, covering 35,661 square feet over contiguous space in two buildings at the award-winning office complex.

Ernst & Young is one of the world’s largest professional services firm providing its clients with help in the Assurance, Advisory, Tax, and Transition Advisory sectors. Ernst & Young has over 200,000 clients in 150 countries.

«First Stamford Place’s immediate proximity to mass transit, easy accessibility to I-95, and extensive list of on-campus amenities make it an ideal location for tenants who have employees traveling from within Connecticut and the larger tri-state area,» said Jeffrey H. Newman, Senior Vice President of ESRT. «ESRT is pleased to continue our relationship with Ernst & Young.»

Neil Goldmacher, Dina Deutsch and Greg Frisoli from Newmark Knight Frank represented Ernst & Young in the lease negotiations. Jeffrey H. Newman, Kimberly Zaccagnino and Kristin Dermer represented 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. 

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, 2019, 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.


Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/empire-state-realty-trust-renews-ernst–young-at-first-stamford-place-301072215.html

SOURCE Empire State Realty Trust, Inc.