CLA nearly triples its office space with ESRT at One Grand Central Place

Filed in: Business, Covid-19

NEW YORK, August 3, 2022 /CNW/ – Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that CliftonLarsonAllen LLP (CLA)the eighth largest accounting firm in the United States, has expanded to lease the entire 51e floor at One Grand Central Place, for a total of 12,422 square feet. CLA has tripled its office space in the building after moving in just under 2 years ago.

“We are excited about our growth at One Grand Central Place in conjunction with ESRT and the additional opportunities we will be able to create in this space,” said Jen Leary, CEO of CLA. Our expansion has been a turnkey and enjoyable process thanks to ESRT, and it is a testament to the dedication and forward-thinking vision of our professionals. »

One Grand Central Place offers tenants premier office space and amenities, including a tenant-only conference center, multiple dining options, and in-building access to five subway lines, commuter trains and to retailers in Grand Central Station.

“We are pleased to support CLA’s growth needs at One Grand Central Place,” said Thomas P. Durels, Senior Vice President, Real Estate, Empire State Realty Trust. We continue to contribute to the market’s quest for quality through the many services in the building and our fully modernized spaces that offer a premium environment with unparalleled amenities. »

Andrew Blaustein and Ben Shapiro of Newmark represented CLA in the lease negotiations. Scott Klau, Neil Rubin, Erik Harris and William Cohen of Newmark represented the property owner.

More information on One Grand Central Place can be found on line.

About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a real estate investment trust (REIT) that owns and manages office, retail and multi-residential properties in manhattan and in the greater New York metropolitan area. ESRT owns the Empire State Building, the most famous building in the world, and the number 1 attraction in the United States and number 3 in the world according to TripAdvisor Travelers’ Choice Awards 2022, the Observatory of the newly reimagined and iconic Empire State Building. The company is a leader in building health, energy efficiency and indoor environmental quality. It has the lowest greenhouse gas emissions per square foot of any NYSE-listed REIT portfolio. As of June 30, 2022, ESRT’s portfolio comprised approximately 9.2 million square feet of rental office space, 700,000 square feet of rental retail space and 625 residential units across two multi-family properties. To learn more about Empire State Realty Trust, visit esrtreit.com and follow ESRT on Facebook, instagram, Twitter and LinkedIn.

About CLA
CLA’s mandate is to create opportunities for our clients, employees and communities through industry-focused wealth management advisory, outsourcing, audit, tax and consulting services. With over 7,500 employees, 121 US locations and a global outlook, we promise to know you and help you. For more information, visit the website CLAconnect.com. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment adviser.

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws. These statements are recognizable by words such as “assumes”, “believes”, “estimates”, “expects”, “intends”, “plans”, “projects”, the negative form of these words or similar words or expressions which do not relate to matters of a historical nature. You should exercise caution in interpreting and using forward-looking statements, as they involve known and unknown risks, uncertainties and other factors which, in some cases, are beyond ESRT’s control and could have a material effect on actual results, performance or achievements. These factors and risks include, but are not limited to, the current public health crisis and economic disruption caused by the COVID-19 pandemic, failure of terms or performance with respect to any event or transaction described above, changes regulatory, as well as other risks and uncertainties described from time to time in ESRT’s and Empire State Realty OP’s (ESROP) filings with the Securities and Exchange Commission (SEC), including those set forth in the annual report of ESRT and ESROP on Form 10-K for the year ended December 31, 2021, under the heading “Risk Factors”. Except as required by law, ESRT and ESROP do not undertake 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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CLA nearly triples its office space with ESRT at One Grand Central Place


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