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Another full-floor lease at Empire State

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The Empire State Building has become a destination office address since
Wien & Malkin took control last year, with another financial
services firm snapping up full-floor space. Italian firm Funaro &
Co. inked a lease for 20,008 square feet on the 41st floor with a
reported asking rent of $60 per square foot. The company is relocating
From One Penn Plaza. Michael Burgio of Cushman & Wakefield
represented Funaro; Stephen Eynon of CB Richard Ellis represented the
landlord. Occupancy at the landmark property has fallen from 550
tenants two years ago to 409 as spaces are consolidated.

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