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Press Release

The Interpublic Group of Companies Continues to Expand With Empire State Realty Trust

Company Release - 12/5/2019 4:45 PM ET

NEW YORK, Dec. 5, 2019 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that The Interpublic Group of Companies, Inc., a global provider of marketing solutions, signed a 15,086 square foot lease on the 30th floor of 1400 Broadway.  This expansion will increase the footprint of The Interpublic Group of Companies within ESRT's portfolio to 127,781 sq. ft. located at 1400 Broadway and 111 W. 33rd St.

"Empire State Realty Trust is proud to announce the third expansion by The Interpublic Group of Companies," said Thomas P. Durels, Executive Vice President, Real Estate, for ESRT. "1400 Broadway is located in the heart of Times Square South, which offers convenient access to transportation, and an abundance of food offerings and neighborhood amenities."

Scott Panzer, Robert Romano, and Shannon Rzeznikiewicz of Jones Lang LaSalle Americas, Inc. represented The Interpublic Group of Companies.  Landlord representation was provided by Keith Cody and Leslie Nadel from ESRT and Scott J. Klau, Erik S. Harris, and Neil L. Rubin from Newmark 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 September 30, 2019, 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.