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Deals & Dealmakers

Radio station operator Emmis expands lease at Empire State Building

Emmis Communications, which owns popular hip hop radio station Hot 97 FM, has just renewed and extended its lease at the Empire State Building.

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

Emmis, which operates three FM radio stations in the tower, has occupied the property since 1984. The company also owns New York City radio stations 107.5 WBLS FM and 1190 WLIB. The new deal extends the Emmis’ lease in the building for another 16 years.

“We are pleased to extend our relationship with Emmis and look forward to continuing our long-term partnership,” said John B. Kessler, Empire State Realty Trust’s president and COO.  “We remain focused on renewing our other broadcasters and taking best advantage of our unique presence for all forms of broadcasting and transmission from our location in the middle of Manhattan.”

The Empire State Building, which stands 1,454 feet tall, contains offices for tenants such as Shutterstock, Bulova, LinkedIn, Skanska and Human Rights Watch. Recently, Ronnette Riley Architect left the 111,000 tower after nearly three decades of occupancy.

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