Real Estate Weekly
Image default
Deals & Dealmakers

Advertising company JCDecaux takes two floors at Empire State Building

Empire State Realty Trust, Inc. announced that JCDecaux has chosen the Empire State Building as home for its North American headquarters.

JCDecaux, the world’s number one outdoor advertising company, has leased two tower full floors, totaling 46,537 sq. ft.

Photo by Teri Tynes/ Flickr
Photo by Teri Tynes/ Flickr

JCDecaux will occupy the entire 73rd and 74th floors of the World’s Most Famous Building.  JCDecaux is the latest upgrade in the tenancy as a result of the Empire State ReBuilding and joins a roster including Bulova, Coty, Global Brands Group, HNTB, LinkedIn, Media General Digital, Shutterstock and Skanska.

“We are thrilled to have another worldwide leader, JCDecaux, come to the Empire State Building,” said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT.  “With only two full tower floors currently available, there is a limited opportunity for tenants to lease a tower floor at the building.”

The onsite Urban Campus amenities at the Empire State Building create a unique employee experience unlike anywhere else.

Amenities include New York City’s largest tenant-only fitness center, seven in-building dining options (a new Tacombi restaurant is set to open this fall, and the building boasts the first-ever tenant delivery Starbucks), and tenant only conference center.

Snezana Anderson, Brad Needleman and Bernhard Weinstabel of CBRE represented JCDecaux in the lease negotiations.

Landlord representation was provided by Ryan Kass, Fred Posniak and Shanae Ursini of ESRT, along with Paul Glickman, Jonathan Fanuzzi, Simon Landmann, Kip Orban and Harley Dalton of JLL.

Empire State Realty Trust, Inc., owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building. Headquartered in New York, the Company’s office and retail portfolio covers 10.1 million rentable square feet, as of March 31, 2016, consisting of 9.4 million rentable square feet in 14 office properties, and approximately 720,000 rentable square feet in the retail portfolio.

Related posts

Avison Young arranges 99-year ground lease for an estimated $21.5 million


Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building


Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando