The Real Deal New York

LinkedIn grows to 280K sf at Empire State Building

Networking giant takes additional 120K sf
July 22, 2015 05:00PM

LinkedIn is taking a bigger bite out of the Empire State building, adding an additional two floors for a total of 280,000 square feet.

LinkedIn’s new lease is for the third and 26th floors — a combined 120,000 additional square feet, the New York Post reported. The company already occupies floors 22, 23, 25 and 28, plus parts of other floors.

Asking rents were in the mid-$60s for lower-level floors in the 102-story tower.

LinkedIn was represented by Sacha Zarba of CBRE. Ryan Kass of Empire State Realty Trust, the REIT that owns the tower, represented the management along with its Newmark Grubb Knight Frank leasing team.

In April, Workday inked a lease for 20,000 square feet on the building’s 49th floor, and Foot Locker took a 34,000-square-foot retail space in the base. [NYP] — Tess Hofmann