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New York & Tri-State  + Midtown New York  + Office  | 

ESRT Secures Trio of Midtown Office Leases

Empire State Realty Trust (ESRT) has signed two new leases and a renewal in its Midtown Manhattan office portfolio over the past two days. In the most recent transaction, trust and estates firm Davidson, Dawson & Clark LLP renewed its 12,715-square-foot One Grand Central Place offices for 11 years. 

Norman Bobrow and David Badner of Norman Bobrow & Co. represented the tenant. Ownership was represented by ESRT’s Ryan Kass and Newmark’s Erik Harris, Neil Ruben, Scott Klau, and William Cohen. 

Earlier this week, specialty insurance provider Argo Group signed a full-floor, 30,002-square-foot lease at 501 Seventh Ave. JLL’s Owen Hane and Kevin Duffy represented Argo.  

Ownership was represented by ESRT’s Kass and Keith Cody and Cushman & Wakefield’s Ron LoRusso, Patrick Murphy, Pierce Hance, Heather Thomas and Will Yeatman. 

In another full-floor deal, Playfly Sports LLC committed to 29,566 square feet at 1333 Broadway. Savills’ Michael Mathias and Richard Johns represented Playfly.  

Ownership was represented by Cushman & Wakefield’s LoRusso, Robert Lowe, Anthony LoPresti, Dan Organ and Maria Travlos and by ESRT’s Kass,  Cody and Shanae Ursini. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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