Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building

Fintech Company Will Relocate from ESRT’s 111 W. 33^rd Street

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new, long term lease with Pontera Solutions, Inc. for a 40,679 square foot space at the Empire State Building. Pontera – a fintech company that specializes in software for financial advisors to manage retirement accounts –- will relocate from their current 10,539 square foot space at ESRT’s 111 W. 33rd Street.

“ESRT continues to provide solutions for great businesses, this time with Pontera Solutions at the Empire State Building,” said ESRT EVP, Real Estate Thomas P. Durels. “ESRT is a top destination for the market’s flight to quality and has seen more than 2.7 million square feet of tenant expansions since our IPO.”

The Empire State Building is a fully modernized landmark that offers newly built office space equipped with ESRT’s premier indoor environmental quality and sustainability measures. The building houses more than 65,000 square feet of amenities which include a tenant-only fitness center, conference center, seven in-building dining options, and the soon-to-open Empire Lounge that will include a 400+ person all-hands space, basketball/pickleball court, and two golf simulators. ESRT recently announced new retail leases at the Empire State Building with Ghirardelli and Samurice.

Justin Haber and Kyle Riker of JLL represented Pontera Solutions in the lease negotiations. Shanae Ursini of ESRT and Scott Klau, Erik Harris, and Neil Rubin of Newmark represented the property owner.

More information about 111 W. 33^rd Street, and current office availability, can be found online.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets and the Observatory deck attraction in ESRT’s flagship Empire State Building – the “World’s Most Famous Building”. The Company is the recognized leader in energy efficiency and indoor environmental quality. As of March 31, 2024, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.

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Source: Empire State Realty Trust
Category: Leasing