NEW YORK, Aug. 9, 2017 /PRNewswire/ -- Empire State Realty
Trust (NYSE: ESRT) has signed a lease to expand Priceline's Agoda to a 27,000 sq. ft. full-floor office lease at the Empire
State Building.
"We are thrilled that Agoda, has expanded to a full floor with us and extended its lease at the Empire State
Building. Our Urban Campus amenities and services, along with our full Empire State ReBuilding has created a building
which serves 21st Century's leading businesses," said Thomas P. Durels, Executive Vice
President and Director of Leasing and Operations for ESRT. "Agoda represents the 120th lease expansion within our
portfolio since our IPO less than four years ago."
Agoda is Priceline's Asian online hotel-booking service that provides accommodations to travelers in more than 20 countries.
Agoda employs more than 2,500 travel professionals as part of the Priceline Group, the largest seller of rooms online.
Deborah van der Heyden, Paul Ferraro and Matt Livingston of JLL represented Agoda in the lease negotiations. Landlord representation was provided by
Fred Posniak and Shanae Ursini of ESRT, along with Paul Glickman, Jonathan Fanuzzi, Simon Landmann,
Kip Orban and Harley Dalton of JLL.
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 June 30, 2017, 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 700,000 rentable square feet in the retail portfolio.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Federal securities laws. You can identify
these statements by use of the words "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" and similar
expressions that do not relate to historical matters. You should exercise caution in relying on forward-looking statements,
because they involve risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially
affect actual results. Such factors and risks include, without limitation, a failure of conditions or performance regarding
any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in
ESRT's filings with the SEC. Except as may be required by law, ESRT does not undertake a duty to update any forward-looking
statement.
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SOURCE Empire State Realty Trust, Inc.