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    Bloomsbury Publishing, Inc. Signs 24k Square Foot Office Lease with ESRT at 1359 Broadway

    10/24/24 4:30:00 PM ET
    $ESRT
    Real Estate Investment Trusts
    Real Estate
    Get the next $ESRT alert in real time by email

    Empire State Realty Trust. Inc. announced today that Bloomsbury Publishing, Inc. – leading independent publishing house with notable works which include the "Harry Potter" and "Crescent City" series – signed a new 24,209 square foot lease for office space at 1359 Broadway.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024189689/en/

    (Photo: Business Wire)

    (Photo: Business Wire)

    "As a previous tenant of 1400 Broadway, I cannot wait to be back in an ESRT building with Bloomsbury Publishing," said Sabrina McCarthy, president of Bloomsbury U.S. "ESRT was an incredible partner for my previous employer, and I am beyond thrilled that they found Bloomsbury a location that offers a modern look and feel, excellent building security, lots of sunlight, and a space built for our needs."

    Located in the heart of the Broadway Pedestrian Plaza, 1359 Broadway is fully modernized with convenient access to major transportation and subway lines, dining, and retail. Tenants of 1359 Broadway have access to ESRT's Broadway Campus amenities which include a new 170+ person tenant lounge and all hands space at 1400 Broadway, and a rooftop lounge with prime views of the Empire State Building soon to come to 1333 Broadway.

    "Companies like Bloomsbury Publishing understand the value of ESRT's unbeatable locations, unparalleled service, excellent balance sheet, and top-tier amenities in employee attraction, satisfaction, and retention," said Thomas P. Durels, executive vice president, leasing at Empire State Realty Trust. "Bloomsbury Publishing is a welcome addition to the excellent tenant roster at 1359 Broadway."

    Stephen Bellwood and Rachel Rosenfeld of Cushman & Wakefield represented Bloomsbury Publishing in the lease negotiations. Jordan Berger of ESRT and Paul J. Amrich, Neil V. King III, Emily Chabrier, and Meghan Allen of CBRE represented the property owner.

    More information about 1359 Broadway, and current office availability, can be found online.

    About Empire State Realty Trust

    Empire State Realty Trust, Inc. (NYSE:ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the "World's Most Famous Building," features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year – in Tripadvisor's 2024 Travelers' Choice Awards: Best of the Best Things to Do. The Company is the recognized leader in energy efficiency and indoor environmental quality. As of September 30, 2024, ESRT's portfolio is comprised of approximately 7.8 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 732 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.

    Forward-Looking Statements

    This press release includes "forward looking statements" within the meaning of the federal securities laws. You can identify these statements by use of words such as "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" 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 the Company's control and could materially affect actual results, performance or achievements. These factors include, without limitation, the risks and uncertainties detailed from time to time in the Company's filings with the SEC and any failure of the conditions or events cited in this release. Except as may be required by law, the Company does 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

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241024189689/en/

    Get the next $ESRT alert in real time by email

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    Q&A

    New
    • What recent lease agreement did Empire State Realty Trust announce?

      Empire State Realty Trust. Inc. announced a new lease for Bloomsbury Publishing, Inc. at 1359 Broadway, totaling 24,209 square feet.

    • Where did Bloomsbury Publishing sign its new lease and what was its previous location?

      Bloomsbury Publishing signed a lease for office space at 1359 Broadway, succeeding its previous tenancy at 1400 Broadway.

    • What are the notable features of the building where Bloomsbury Publishing signed its lease?

      1359 Broadway is located in the Broadway Pedestrian Plaza, featuring modern amenities and convenience to transportation, dining, and retail.

    • What amenities will tenants at 1359 Broadway have access to?

      The amenities include a new tenant lounge space at 1400 Broadway and a coming rooftop lounge at 1333 Broadway with views of the Empire State Building.

    • What is the size and scope of Empire State Realty Trust's real estate portfolio?

      ESRT's portfolio includes approximately 7.8 million rentable square feet of office space, 0.7 million square feet of retail space, and 732 residential units.

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