Empire State Realty Trust Renews Ernest Klein & Co. Gourmet Foods at 77 West 55th Street
Empire State Realty Trust (NYSE: ESRT) announced the renewal of Ernest Klein & Co. Gourmet Foods' lease for 6,927 square feet at 77 West 55th Street. This partnership has existed for over 20 years, highlighting the stability of this supermarket in the local community. ESRT manages a portfolio of 10.1 million rentable square feet, encompassing both office and retail spaces. The company has recently emphasized its commitment to sustainability, achieving a GRESB 5 Star Rating, ranking it among the top 20% in sustainability performance for real estate.
- Renewed lease with Ernest Klein & Co. Gourmet Foods for 6,927 square feet.
- Long-term tenant relationship, showing stability and community ties.
- Achieved GRESB 5 Star Rating, placing ESRT in the top 20% for sustainability.
- None.
NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Ernest Klein & Co. Gourmet Foods, an international neighborhood supermarket, renewed its lease at 77 West 55th Street for 6,927 square feet.
"ESRT is pleased to continue our relationship with Ernest Klein, a popular grocer who has served the local neighborhood for more than 20 years," said Fred C. Posniak, Senior Vice President, Leasing.
Landlord representation was provided by Fred C. Posniak of Empire State Realty Trust.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) 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." ESRT is a leader in energy efficiency in the built environment and sustainability, and is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating, an evidence-based, third-party verified rating for all facility types, focused on operational policies, maintenance protocols, emergency plans and stakeholder education to address a COVID-19 environment now and broader health and safety-related issues into the future.
In its first year of submission, ESRT has earned the highest possible GRESB 5 Star Rating and Green Star recognition, and score of 88, in the 2020 GRESB Real Estate Assessment, an achievement that places ESRT in the top
The Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, 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 contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of words such as "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" or the negative of these words or similar words or expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, the current public health crisis and economic disruption from the COVID-19 pandemic, 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 and ESROP's filings with the SEC, including those set forth in each of ESRT's and ESROP's Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, under the heading "Risk Factors". Except as may be required by law, ESRT and ESROP do not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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SOURCE Empire State Realty Trust, Inc.
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