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    Empire State Building Opens New 10,000 Square Foot Empire Lounge, with 400-Person All-Hands Space, Multi-Sport Court, and Golf Simulators

    10/21/24 5:56:00 PM ET
    $ESRT
    Real Estate Investment Trusts
    Real Estate
    Get the next $ESRT alert in real time by email

    Now Part of 65,000 Square Feet of Tenants-Only Amenities on the Building's Club Level Which Include the 15,000 Square Feet Fitness Club in addition to the Tenants-Only 67th Floor Conference Center, and Extensive Food and Beverage Offerings for Tenants

    Empire State Building (ESB) announced today the opening of the Empire Lounge – 10,000 square feet of new amenities on the building's Club Level. The Lounge is available for everyday tenant use and features 17.5-foot vaulted ceilings, a variety of comfortable seating areas in tables, banquettes, and couches as well as phone booths for private communication. The Lounge includes a basketball/pickleball court for the exclusive use of the ESB's Fitness Center's tenant members, and "ESRTees," two golf simulators.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241021355168/en/

    The 400-person town hall meeting space (Photo: Business Wire)

    The 400-person town hall meeting space (Photo: Business Wire)

    Any office tenant during the workday can use the seating areas or reserve the golf simulators. The sports court can be converted into bleacher seating, one of the Lounge seating areas converts to a wet bar, and there is a full catering pantry. ESB tenants now can reserve for their private use a town hall meeting space for up to 400 people. ESRTees is also available for private use with a separately reservable lounge area with two golf simulators.

    "The Empire Lounge at the iconic Empire State Building is another unique offering at a building we have fully modernized, amenitized, and made one of the most sustainable buildings of any age," said ESRT Executive Vice President, Real Estate Thomas P. Durels. "ESRT continues to attract high-quality office tenants with our modernized office spaces in prime locations, excellent balance sheet and service, and state-of-the-art amenities that provide an enhanced tenant experience."

    The Empire Lounge adds to ESB's already built-out tenant offerings that include a 15,000 square foot Fitness Club; a conference center; and seven in-building food and beverage options, which include Tacombi, STATE Grill and Bar, Starbucks Reserve, Chopt, Alidoro (coming soon) and New York City's first Ghirardelli Chocolate store. Tenants of the Empire State Building also have access to The Broadway Campus amenities, which include a 250+ capacity Town Hall and Lounge at 1400 Broadway and a 150+ capacity rooftop lounge at 1333 Broadway that is soon to come.

    "The amenities in the Empire State Building are amazing – they are best in class" said President and Co-CEO Jean-Luc Decaux of JCDecaux, the world's largest out-of-home advertising company that has been a tenant of the Empire State Building since 2016. "You can start with the gym in the lower floor, which I know our employees are enjoying thoroughly, and go all the way to the bike storage room, which I use myself personally for my e-scooter."

    Since 2008, ESRT has invested more than $650 million in capital improvements to modernize the Empire State Building and make it energy efficient and sustainable with superior indoor environmental quality and unmatched tenant amenities. These upgrades have resulted in strong leasing and employee recruitment, retention, and productivity for office tenants, evidenced by the fact that it is 93.4% leased as of June 30, 2024.

    More information about building amenities and current office space for lease is available on ESRT's website.

    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 June 30, 2024, ESRT's portfolio is comprised of approximately 7.9 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 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.

    Source: Empire State Realty Trust

    Category: Leasing

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241021355168/en/

    Get the next $ESRT alert in real time by email

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    Q&A

    New
    • What is the Empire Lounge and what amenities does it offer?

      The Empire Lounge is a new 10,000 square feet tenant-exclusive amenity located on the Club Level of the Empire State Building, featuring comfortable seating, phone booths, and sports facilities.

    • What facilities and features are available for tenants in the Empire Lounge?

      Tenants have access to a basketball/pickleball court, two golf simulators (ESRTees), a town hall meeting space for 400, and areas for catering and social gatherings.

    • How much has Empire State Realty Trust invested in upgrading the Empire State Building and what were the outcomes?

      ESRT has invested over $650 million in capital improvements since 2008 to modernize the Empire State Building, focusing on energy efficiency and tenant amenities, leading to a 93.4% leasing rate as of June 30, 2024.

    • What additional amenities does the Empire State Building include besides the Empire Lounge?

      The Empire State Building now features a 15,000 square foot fitness club, a conference center, and several food and beverage options including Tacombi and Starbucks.

    • What has been the impact of the Empire State Building's modernization on tenant satisfaction according to ESRT's Executive Vice President?

      Thomas P. Durels highlighted that the modernization, amenities, and sustainability efforts have successfully attracted high-quality office tenants, enhancing their experience.

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