ZS Associates takes 20K sf at Empire State Building

Sales advisory firm is leaving 2 Grand Central Tower

TRD New York /
May.May 10, 2016 10:30 AM

The Empire State Building has a new tech tenant: sales and marketing consultancy ZS Associates.

The firm agreed to take just under 20,000 square feet on the 51st floor of the storied 2.8-million-square-foot Midtown office building, the New York Post reported.

Asking rent for the space was $72 per square foot.

It will leave its current digs at Two Grand Central Tower at Rockwood Capital’s 140 East 45th Street.

Savills Studley’s Joe Arnstein, Erik Schmall and Daniel Thompson represented ZS in the deal. JLL’s Paul Glickman, Jonathan Fanuzzi, Kip Orban and Harley Dalton represented the Empire State Realty Trust, along with Ryan Kass, Fred Posniak and Shanae Ursini who represented the landlord in house.

Empire State Realty Trust chairman and CEO Tony Malkin recently said his firm will play it safe in the near future, planning “no development, no joint ventures, no bidding or buying at current cap rates and no lending.” [NYP]Ariel Stulberg


Related Articles

arrow_forward_ios
Trump’s tax returns, Amazon gets into proptech: Daily digest

Trump’s tax returns, Amazon gets into proptech: Daily digest

Empire State Realty Trust CEO Anthony Malkin (Credit: Getty Images)

Ex-Empire State Realty Trust exec claims she was fired after complaining about age discrimination

Empire State Realty Trust's David A. Karp

Empire State Realty Trust’s CFO David Karp is stepping down

Time Equities CEO Francis Greenburger and Empire State Realty Trust CEO Anthony Malkin (Credit: Getty Images and iStock)

Going green has some city landlords seeing red

Insurer takes 40K sf at 111 West 33rd Street

Insurer takes 40K sf at 111 West 33rd Street

Infrastructure firm expands to more than 100K sf at Empire State Building

Infrastructure firm expands to more than 100K sf at Empire State Building

ESRT exec Thomas DeRosa lists 930 Fifth co-op for $5.9 million

ESRT exec Thomas DeRosa lists 930 Fifth co-op for $5.9 million

T.J. Maxx expands by 19K sf at ESRT’s Columbus Circle building

T.J. Maxx expands by 19K sf at ESRT’s Columbus Circle building

arrow_forward_ios
Loading...