Pharma company takes entire floor at Empire State Building

Noven Pharmaceuticals signed a lease for the entire 37th floor of the Empire State Building, with plans to leave the Chrysler building. The new space is 25,346 square feet, with a starting rent in the mid-$30s per square foot. The building’s landlord, Tony Malkin of Malkin Holdings, has spent close to $500,000 on capital improvements to accommodate larger tenants in the tower. In the past the building has had 800 tenants, but that number is now down to 300. [NYO]