TOUR BOOK
The Campus Amenities FULL ACCESS to Rooftop Lounge at 1333 Broadway 150+ Capacity
Aerial View
VIRTUAL TOUR
Open Area
2 | Empire State Realty Trust
FULL ACCESS to Lounge and Town Hall at 1400 Broadway 250+ Capacity
Lounge Pantry
Town Hall
VIRTUAL TOUR
Tenant Lounge
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Nearby Dining, Hospitality and More Neighborhood Amenities
250+ Restaurants & Bars Including to Ci Siamo, Zou Zou’s, Dear Irving, and Shake Shack. EATERIES
40+ Hotels Including Moxy, Renaissance, Luma Hotels, and Hotel Aliz. HOSPITALITY
Le Café Coffee
5+ Michelin-Guide Restaurants Including Chef’s Table at Brooklyn Fare, Mercato, and Tonchin. FINE DINING
25+ Lifestyle Retail Locations Including Club Pilates, Orangetheory Fitness, Face Glow NYC, MStudio Nails, One Medical, CityMD, and NewHair Salon. HEALTH & WELLNESS
Broadway Pedestrian Plaza
5+ Designated Parks & Rec Areas Including Bryant Park, Herald Square, and The NY Public Library. REC SPACE
150+ Retail Stores & Boutiques Including Macy’s, H&M, Banana Republic, Target, Urban Outfitters, and Zara. SHOPPING
Bryant Park
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Close proximity to Penn Station, Port Authority, PATH, Grand Central Terminal and 16 subway lines to provide a one-seat commute for tenants that utilize these high-traffic transportation hubs.
S
7
Empire State Realty Trust | 5
Join a Diverse Community of Tenants In Good Company
ESRT facilitated the expansion of over 285 tenants , totaling 2.8M sq. ft. of portfolio growth. GROW WITH ESRT
6 | Empire State Realty Trust
New In-Building Rooftop Amenity
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30,002 sq. ft. Floor Plan
Entire 4 th Floor | Whitebox | Open Layout
5 Offices | 11 Conference Rooms | 8 Phone Rooms | 118 Workstations • Exposed ceilings and columns
• Polished concrete floors • Abundance of natural light • MERV 13 filters • Ability to install bi-polar ionization
30,002 sq. ft. Floor Plan
• Exposed ceilings and columns • Polished concrete floors • Abundance of natural light • MERV 13 filters • Ability to install bi-polar ionization 74 Offices | 7 Conference Rooms | 27 Workstations Entire 4 th Floor | Whitebox | Office-Intensive Layout
LEADER IN SUSTAINABILITY, ENERGY EFFICIENCY & IEQ • Carbon neutral • Save up to $1 per SF on energy bill • Bi-polar ionization neutralizes 99.92% of viruses • CO 2 sensors increase employee cognitive function by 50% ✓
FULLY AMENITIZED • Increase employee recruitment, retention and productivity ✓
FULLY MODERNIZED ASSETS • Over $1B spent ✓ LOCATIONS NEAR MASS TRANSIT ✓
ESRT TURNKEY SUITES • Furnished, wired and move-in ready ✓
FINANCIAL STABILITY • Publicly traded on the NYSE with a best-in-class balance sheet • Over $1B of balance sheet liquidity as of 6/30/24 ✓ SERVICE ORIENTED FIRM • Over 285 tenant expansions , totaling 2.8M RSF since we went public ✓
Solidly Stands Apart
In a volatile market, it is critical for tenants to partner with a financially stable, service-oriented owner on real estate decisions. 501 Seventh Avenue is debt-free. Empire State Realty Trust, a publicly traded company with a best-in-class balance sheet maintains a solid financial platform and leads the way on healthy buildings with premier indoor environmental quality (IEQ), industry-leading sustainability and energy efficiency practices, and unmatched amenities.
FINANCIAL STABILITY
Over $1B of balance sheet liquidity as of 6/30/24
Well-laddered Debt Maturity schedule
5.6x Net debt/Adj. EBITDA (REIT peer average: 9.3x)
$1B spent on property upgrades
No floating rate debt exposure
ESRT is a service firm and a true partner to its tenants with over 285 tenant expansions , which total 2.8M RSF since it went public in 2013. This partnership allows our tenant family to move within the ESRT portfolio hassle-free with a commitment to 100% commission paid on lease signing.
TENANT ADVANTAGES
Certainty of owner performance/service
Consistent, high-level service/maintenance
No cut corners on construction or operations
High-end finishes
Flexibility of offerings such as terms and options
Expedited response time with no need for lender/partner approvals
Empire State Realty Trust | 11
Plug-and-Play Pre-Builts ESRT Turnkey Suites
Custom design and development of your space
Architectural Design Partnership
Furnished with sit/stand desks
Furniture
Voice/Data Cabling and A/V Install
Move Consultants IT Wiring
12 | Empire State Realty Trust
Welcome to ESRT IEQ Suites Leading the Way in Indoor Environmental Quality
Indoor Environmental Quality (IEQ) improves employee health and productivity. We’ve created a program of industry-leading healthy suites to provide tenants with the opportunity to maximize their IEQ, employee recruitment and retention, and their bottom line. To learn more, visit: www.esrt.nyc/ieq-501.
Light Quality
Air Quality
Healthy Products
Natural Light with Views 78% of employees state access to natural light and views improves their wellbeing; 70% report improved work performance. Daylight Dimming Workers in naturally lit offices report >50% reduction in eye strain, headaches, and drowsiness.
Bi-Polar Ionization Neutralizes 99.92% of viruses. CO 2 Sensors Workers with low levels of CO 2 perform 50% better on cognitive tasks. MERV 13 Filters Removes 85% of harmful air particles (e.g. allergens, viruses, and bacteria). Ventilation Mitigates indoor air pollution, a top 10 cause of illness in humans .
Low/No VOC Materials and No Red List Materials VOCs are typically 10x higher indoors, which has adverse effects on human health and the environment.
Data provided by Microchem Laboratory, The Center For Disease Control, Harvard Business Review, World Health Organization.
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ESRT: The Green Leader Setting the Standard for Innovation and Technology
Goals • Maintain leadership in Indoor Environmental Quality • 50% reduction in energy use by 2035 • 75% waste diversion rate by 2035 • 30% reduction in water intensity by 2035 Indoor Environmental Quality • MERV 13 filters and increased ventilation • Active bi-polar ionization, neutralizes 99.92% of viruses (as shown by an independent study from Microchem Laboratory) • Portfolio-wide low/no VOC materials • Annual air and water testing Tenant Engagement • Save up to $1 per SF on energy bill • Custom sustainable and efficient design support • Utility and sustainability data available • Green Lease Provisions across 100% of portfolio • Honeybee apiaries to improve local biodiversity
BUILDING SPOTLIGHT 501 Seventh Avenue
Emissions Reduction
GHG Emissions Avoided = 96 Vehicles Driven For An Entire Year 7,249 Trees Planted
17% Emissions Reduction Since 2009
Portfolio Awards and Achievements
1st Commercial Portfolio with WELL Health-Safety Rating in The Americas
Health and Wellness Features
Operating Features
Fitwel Champion
WELL Health- Safety Rated
Operable Windows
Most Energy Efficient REIT in NYC
Carbon Neutral
Natural Light and Views
Walk Score: 99
Transit Score: 100
EPA Green Power Partnership
Recycling
Empire Building Challenge Partner
GRESB 5-Star Rated
Bike Score: 83
Green Cleaning and Pest Control Products
In-Building Dining
Better Buildings Challenge
Energy Star Partner of the Year
Green Lease Leader Platinum
14 | Empire State Realty Trust
501 7th Avenue By The Numbers Facts and Figures
LOCATION
Northeast corner of 37th Street & Seventh Avenue
COMPLETED
1923
ARCHITECT
Ely Jacques Kahn
BUILDING SIZE
461,209 rentable square feet, 18 floors
FLOOR PLATE
18,500 - 30,000 rentable square feet
• Club Pilates, A Cut Above, Chipotle, Chop & Go, Potbelly Sandwich Works and Le Cafe in the building • Additional services, dining, lodging, and specialty retailers within the immediate vicinity • In-building rooftop amenity (coming soon) • ESRT+ Tenant App that brings building services to tenants’ fingertips • Access to The Campus amenities including the 1400 Broadway Lounge and Town Hall and the 1333 Broadway Rooftop • Honeybee apiaries to improve local biodiversity
AMENITIES
ELECTRICAL SERVICE
Sub-metered electric in all new spaces over 2,500 square feet
TELECOMMUNICATION Redundant providers including: Lightpath, Spectrum and Verizon
Cooling by a combination of air-cooled and water-cooled floor-by-floor package systems; air-conditioned common corridors; perimeter radiant heat
HVAC
SECURITY
24/7 security, visitor reception desk in the building
ELEVATORS
6 Passenger, 3 Freight
FLOOR LOAD
100 lbs. per sq. ft.
CEILING HEIGHT
11’3” slab-to-slab; 9’3” slab-to-beam
OPERATING HOURS
8:00 A.M. to 6:00 P.M. Monday - Friday, building access 24/7
LOADING FACILITIES
Freight entrance on 37th Street
Convenient to Penn Station, Port Authority, Grand Central Terminal, PATH, LIRR and 16 subway lines 7 S
TRANSPORTATION
PARKING
Numerous parking garages located in the immediate vicinity
LEASING AGENT
Cushman & Wakefield
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and manages a well-positioned property portfolio of office, retail and multifamily assets Manhattan and the greater New York metropolitan area.
OWNERSHIP
Empire State Realty Trust | 15
Available Internet Service Providers
CARRIER
CABLE TYPE
Altice
Fiber
AT&T
Fiber
Cogent
Type 2 Fiber
Crown Castle Fiber
Fiber
Spectrum
Coaxial/Copper
Spectrum
Fiber
Verizon
Coaxial/Copper
Verizon
Fiber
Key Features of Connectivity
Fiber optic connectivity available for high-speed, reliable, data communications services.
Physically diverse vertical telecom riser pathways for redundant connections to mitigate outages. Base-building telecom equipment installed within a secure, dedicated, location accessible only by authorized personnel. Secure, protected, vertical telecom riser pathway(s) to support secure service delivery and mitigate outages.
5 high-speed internet service providers available to provide multiple options to select from.
Dark fiber connectivity option available to lease point- to-point fiber connections. High-speed, low-cost connectivity option available for small/medium businesses. Physically diverse, underground, protected telecom conduit entrances for redundant connections from different streets to mitigate outages.
All Telecom License Agreements on file to ensure the smooth operation of connectivity services.
16 | Empire State Realty Trust
100% commission on lease signing
Thank you for the opportunity
to compete for your business.
esrtreit.com
Shanae Ursini 212-400-3327 sursini@esrtreit.com Kerry Lavelle 212-850-2666 klavelle@esrtreit.com
Ron Lo Russo 212-841-7979 Ron.LoRusso@cushwake.com Harley Dalton 212-589-5106 Harley.Dalton@cushwake.com Daniel Organ 212-841-7720 Daniel.Organ@cushwake.com Samantha Perlman 212-709-0804 Samantha.Perlman@cushwake.com
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