News: Brokerage

Posniak of ESRT and Cohen, Tootell and Ursini of NGKF represent landlord in 78,000 s/f lease to HNTB Corp.

HNTB Corporation has leased three full floors, totaling 78,000 s/f, at the Empire State Building, according to landlord Empire State Realty Trust, Inc. (ESRT). The tenant, recently named one of the 10 Most Innovative Companies for 2015 by Fast Company, will be relocating its New York office, taking occupancy of floors 56-58 in the fourth quarter of this year. "We have terrific momentum in leasing at the Empire State Building, and while HNTB's lease reduces our current inventory to two full floors, we will be delivering to the market two full floors in 2015," said Thomas Durels, executive vice president, and director of leasing and operations for ESRT. "The terrific response to our unique urban campus's new amenities and improving neighborhood is the fruit of our team's hard work, and we look forward to more leasing." Founded in 1914, HNTB Corporation is a leading infrastructure solutions firm, with more than 60 offices across the United States and a continuous presence in New York City since 1922. Landlord representation was provided by Fred Posniak of ESRT, along with William Cohen, Jonathan Tootell and Shanae Ursini of Newmark Grubb Knight Frank. Sven Sykes, Tyler Owens and Mark Friedman of Colliers International represented HNTB. David Bleckner of Bleckner P.C. served as the landlord's attorney.
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