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

Burlington Stores Expands Offices to More Than 200K SF

Empire State Realty Trust, Inc. has signed two renewal leases and one expansion with Burlington Stores, Inc. and Nespresso at two of its Manhattan office buildings. Burlington Stores added a full-floor, 35,629-square-foot office space and signed an early renewal for its current 170,763-square-foot space for a total footprint of 206,392 square feet at 1400 Broadway. This is Burlington’s fourth expansion with ESRT since its initial deal for 35,182 square feet in 2010.

Nespresso signed a renewal lease for its existing 41,835-square-foot space at 111 W. 33rd Street. The company first leased the space in 2018.

Alan Desino of Colliers represented Burlington. Justin Haber, Kyle Riker, and Emma Gill of JLL represented Nespresso. ESRT’s Jordan Berger and Kerry Lavelle along with Newmark’s Scott Klau, Erik Harris, and Neil Rubin represented ESRT in both transactions.

The REIT also announced two retail renewals, signing TJ Maxx and JP Morgan Chase Bank for 46,437 and 21,683 square feet, respectively. Richard Skulnik of RIPCO represented TJ Maxx in its renewal at 250 W. 57th St., while Michael O’Neill of Cushman & Wakefield represented Chase in its renewal at One Grand Central Place.

ESRT’s Fred C. Posniak and Alec Stone represented the property owner on both transactions.

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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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