Commercial

Empire State Building. Courtesy of Empire State Realty Trust

New Tenant Amenities at The Empire State Building to Debut in 2023

The Empire State Building has joined the race to attract new commercial tenants who demand an amenitized building for the next generation of workers. In an announcement from Empire State Realty Trust, current owners of the iconic property, the building’s amenity offering will be expanded to include a town hall meeting space for up to 400 people, a basketball court, a lounge, food and bar service, and an additional lounge with two golf simulators.

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View of 45 East 53rd Street - Courtesy of Newmark

Joint Venture Secures $175M to Purchase and Renovate 45 East 53rd Street in Midtown, Manhattan

Newmark, a global real estate services company, has successfully arranged $175 million in capitalization to facilitate a major renovation of 45 East 53rd Street in Midtown, Manhattan. Located in the Plaza District, the building once operated as the New York headquarters for Santander Bank, but sold in April to ZG Capital and Rialto Capital Management.

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