NEW YORK, April 20, 2021 /PRNewswire/ -- Empire State
Realty Trust, Inc. (NYSE: ESRT) announced today that Zentalis
Pharmaceuticals, Inc. a clinical-stage biopharmaceutical company
focused on the discovery and development of small molecule
therapeutics that target fundamental biological pathways of
cancers, has signed a new lease with ESRT for a 31,362 square foot
office space at 1359 Broadway.
"At Zentalis, we are committed to ensuring our employees' safety
and wellbeing, and we are thrilled our new corporate office space
will provide our growing team with a healthy and productive work
environment to help bring innovative cancer treatments to
patients," commented Dr. Anthony
Sun, chairman and chief executive officer of Zentalis
Pharmaceuticals. "As we continue to expand our Company's presence
in New York City, minimizing the
environmental impacts of our business remains a key priority. We
look forward to moving into one of ESRT's buildings later this
year, as the space is dedicated to instilling energy efficiency and
sustainable practices."
With a view of the Broadway pedestrian mall and Herald Square,
1359 Broadway contains 22 stories and 455,849 rentable square feet
of modern office space. Tenants enjoy a Wolfgang's Steakhouse, and
a Fresh & Co. right in the building, with plenty of dining,
lodging, and retailers in the immediate area. More information
about the building, as well as current availabilities, can be found
online.
"Now more than ever, tenants want landlords who provide
industry-leading measures for healthy buildings, indoor
environmental quality, sustainability and energy efficiency, all of
which has been our focus for more than a decade," said Thomas P. Durels, executive vice president, Real
Estate, for ESRT. "Our portfolio was the first in the Americas to
be certified under the WELL Health-Safety Rating and we were
recently recognized for our leadership in sustainability
performance with a 5 Star Rating from GRESB. We are delighted to
welcome Zentalis Pharmaceuticals, whose employees will benefit from
a healthy workplace environment with state-of-the-art HVAC systems,
MERV-13 filters, and bi-polar ionization."
Justin Royce and Omar Sozkesen
from Cushman & Wakefield represented Zentalis Pharmaceuticals,
Inc. in the lease negotiations. Landlord representation was
provided Keith Cody of ESRT.
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." The
company's office and retail portfolio covers 10.1 million rentable
square feet, as of Dec. 31, 2020,
which consists of 9.4 million rentable square feet across 14 office
properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in
Westchester County, New York; as
well as approximately 700,000 rentable square feet in the retail
portfolio.
Empire State Realty Trust is a leader in energy efficiency in
the built environment and sustainability space, with 76 percent of
the eligible portfolio ENERGY STAR certified and 100 percent fully
powered by renewable wind electricity. As the first commercial real
estate portfolio in the Americas to achieve the evidence-based,
third-party verified WELL Health-Safety Rating for health and
safety, ESRT additionally earned the highest possible GRESB 5 Star
Rating and Green Star recognition for sustainability performance in
real estate and was named a Fitwel Champion for healthy,
high-performance buildings. To learn more about Empire State Realty
Trust, visit empirestaterealtytrust.com and follow ESRT on
Facebook, Instagram, Twitter and LinkedIn.
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, 2020, 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.
Category: Leasing
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SOURCE Empire State Realty Trust, Inc.