TJ Maxx and JP Morgan Chase Bank Renew Long-Term Retail Leases With Empire State Realty Trust Which Total 68,120 Square Feet

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed long-term renewal leases with TJ Maxx and JP Morgan Chase Bank for retail spaces for 46,437 and 21,683 square feet, respectively.

TJ Maxx signed a renewal lease for its 46,437 square foot space at 250 W. 57^th Street in Q4 2025. Richard Skulnik of RIPCO represented TJ Maxx in the lease negotiations.

JP Morgan Chase Bank signed a renewal lease for its 21,683 square foot space at One Grand Central Place in Q1 2026. Michael O’Neill of Cushman & Wakefield represented JP Morgan Chase Bank in the lease negotiations.

“These long-term recommitments from TJ Maxx and JP Morgan Chase reinforce the strength and stability of ESRT’s Midtown portfolio,” said Fred C. Posniak, SVP, leasing at ESRT. “In the heart of New York City’s vibrant Midtown, where unmatched foot traffic and energy drive business success, ESRT creates value through its partnership-driven approach to maintain these relationships with leading companies.”

ESRT’s Posniak and Alec Stone represented the property owner on both transactions.

More information about ESRT’s portfolio, and current NYC retail 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 well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT’s flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor’s 2025 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2025, ESRT’s operating portfolio is comprised of approximately 7.6 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. The Company also owns two properties that are being redeveloped with approximately 0.4 million rentable square feet of office space and 43 thousand rentable square feet of retail space. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.