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Mark Davis Southwell Realty Capital

GNY Mutual Inks Full Floor at Empire State Building 

Empire State Realty Trust has signed Greater New York Mutual Insurance Company (GNY Mutual) for a new full-floor, 52,116-square-foot space at the Empire State Building. The building features over 65,000 square feet of amenities, including a tenant-only fitness center, conference center, and dining options.  

Mark Ravesloot of CBRE represented GNY Mutual in the lease negotiations. Scott Klau, Erik Harris, Neil Rubin, Brent Ozarowski, Zachary Weil, and Cole Gendels of Newmark and Jordan Berger, Shanae Ursini, and Kerry Lavelle of ESRT represented the property owner. 

“As a 109-year-old insurance company who specializes in providing coverage solutions for commercial real estate owners, we appreciate the significance of the Empire State Building to the NYC real estate community,” said Elizabeth Heck, chairman, president, and CEO of GNY Mutual. “As an employer, we are attracted to ESB for its industry-leading sustainability measures and excellent tenant amenities which aid in employee recruitment and retention in addition to our hybrid work environment.” 

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Mark Ravesloot

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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