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Deals & Dealmakers

ESB fintech tenant expands to 35,000 s/f

Empire State Realty Trust announced that iCapital Network Inc., a financial technology platform providing access to alternative investments, which currently leases the 26th floor of One Grand Central Place, expanded its footprint during the 4th quarter of 2018 to accommodate its recent growth.

By leasing an additional 17,613 s/f to occupy the entire 27th floor, iCapital Network has increased its leased space at One Grand Central Place to now total 35,186 s/f.

“With its in-building amenities, three on-site food options, and in-building access to Grand Central Terminal, One Grand Central Place is ideal for growing businesses,” said Thomas P. Durels, Executive Vice President, Real Estate, for ESRT. “We are delighted to accommodate iCapital Network’s expanding team and operations.”

Lauren Crowley Corrinet, Alex Golod & Chris Hogan of CBRE represented iCapital Network Inc. Landlord representation was provided by Julie M. Christiano and Leslie Nadel of ESRT, along with William G. Cohen, Brittany Silver, and Jamie Jacobs of Newmark Knight Frank.

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