Empire State Realty Trust Secures 30,017-SF Lease with Infinium Wall Systems at 1359 Broadway
Event summary
- Empire State Realty Trust (ESRT) signed a 30,017-square-foot lease with Infinium Wall Systems at 1359 Broadway in New York.
- The deal covers office and retail space in a modernized asset on the Broadway Office Corridor.
- Infinium cited ESRT’s sustainability focus and Herald Square location as key factors in the decision.
- ESRT notes two large office blocks remain available for 2026 at One Grand Central Place and 501 7th Avenue.
The big picture
This lease reflects continued demand for well-located, amenitized office space in NYC’s core business districts. ESRT’s focus on sustainability appears to be a competitive differentiator as manufacturers and other tenants prioritize ESG-aligned real estate. The deal size (30,017 SF) represents a meaningful addition to ESRT’s portfolio, which includes approximately 8 million rentable square feet of office space.
What we're watching
- Leasing Velocity
- Whether ESRT can sustain momentum in filling remaining blocks at One Grand Central Place and 501 7th Avenue.
- Industry Demand
- How demand for modernized office space in NYC evolves amid hybrid work trends.
- Sustainability Alignment
- The pace at which ESG-focused tenants like Infinium drive leasing decisions in prime Manhattan locations.