Steve Cuozzo

Steve Cuozzo

Business

Empire State Building filling up to the brim with addition of latest tenant

The Empire State Building has come a long way since the days when King Kong’s favorite skyscraper was mostly home to shoe wholesalers and dentists’ offices. The great landmark evolved into a mecca for finance and media after Empire State Realty Trust took it over in 2006 and launched a $550 million capital improvement program.

The newest  tenant, global management consulting firm Kearney, just claimed the highest two office floors — 78 and 79, where it signed for 27,866 square feet. (Higher floors are broadcasting facilities and the Observatory.)

Kearney is moving from Seven Times Square. The asking rent was $88 per square foot. Empire State was 93% leased as of ESRT’s first-quarter earnings supplement.

Sunset over the New York City skyline, featuring the Empire State Building and One Vanderbilt, viewed from Hoboken, New Jersey.
Kearney is moving to the Empire State Building from its office in Seven Times Square. Getty Images

The landlord’s executive vice-president for real estate, Thomas P. Durels, said in an understatement, “Kearney employees will enjoy breathtaking views.” They’ll also have access to 65,000 square feet of new amenities that include a fitness center, seven dining options,  a lounge, basketball and pickleball courts and golf simulators.