NEW YORK, June 28, 2016 /PRNewswire/ -- Empire State
Realty Trust (NYSE:ESRT) announces that Frédéric Fekkai, the premier luxury salon brand, has signed a long-term lease for its
New York City offices at One Grand Central Place.
After creating hairstyles for celebrities and models on both catwalks and magazine covers, Frédéric Fekkai opened salons
across the United States and went on to launch his own line of hair care products.
"Fekkai is a strong global brand and we are delighted to welcome the company to One Grand Central Place," said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT. "We continue
to attract quality tenants to One Grand Central Place due to its convenient central location with in-building access to Grand
Central Terminal."
Neal Tewani of KNP Realty LLC represented Fekkai Retail LLC in the lease negotiations.
Julie Christiano and Lindsay Godard represented ESRT in the above
transaction, along with William Cohen and Andrew Weisz of
Newmark Grubb Knight Frank.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires
and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building.
Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1
million rentable square feet, as of March 31, 2016, consisting of 9.4 million rentable square feet
in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and
approximately 720,000 rentable square feet in the retail portfolio.
Forward-Looking Statements
This press release includes "forward looking statements." Forward-looking statements may be identified by the use of words
such as "believes," "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates,"
"contemplates," "aims," "continues," "would" or "anticipates" or the negative of these words and phrases or similar words or
phrases. The following factors, among others, could cause actual results and future events to differ materially from those set
forth or contemplated in the forward-looking statements: the factors included in (i) the Company's Annual Report on Form 10-K for
the year ended December 31, 2015, including those set forth under the headings "Risk Factors,"
"Management's Discussion and Analysis of Financial Condition and Results of Operations," "Business," and "Properties" and (ii) in
future periodic reports filed by the Company under the Securities and Exchange Act of 1934, as amended. While forward-looking
statements reflect the Company's good faith beliefs, they are not guarantees of future performance. The Company disclaims any
obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or
new information, data or methods, future events or other changes after the date of this press release, except as required by
applicable law. For a further discussion of these and other factors that could impact the Company's future results, performance
or transactions, see the section entitled "Risk Factors" in the Annual Report on Form 10-K for the year ended December 31, 2015, and other risks described in documents subsequently filed by the Company from time to time
with the Securities and Exchange Commission. Prospective investors should not place undue reliance on any forward-looking
statements, which are based only on information currently available to the Company (or to third parties making the
forward-looking statements).
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SOURCE Empire State Realty Trust