Burlington Stores, Inc. Expands Space and Renews Lease to Occupy 206,392 Square Feet at 1400 Broadway; Nespresso Renews 41,835 Square Foot Lease at 111 W. 33^rd Street

NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed two renewal leases and one expansion with Burlington Stores, Inc. and Nespresso at two of its premier Manhattan office buildings in Q4 2025.

Burlington Stores, Inc. signed an expansion lease for a full floor, 35,629 square foot office space, and an early renewal lease for its current 170,763 square foot space for a total footprint of 206,392 square feet at 1400 Broadway. This is Burlington’s fourth expansion with ESRT since its initial deal for 35,182 square feet in 2010.

Nespresso signed a renewal lease for its existing 41,835 square foot space at 111 W. 33^rd Street. The company first signed on to lease the space in 2018.

“We are pleased that Burlington will grow their space at 1400 Broadway once again, and that we will continue our partnership with Nespresso at 111 W. 33^rd Street,” said Ryan Kass, EVP, co-head of real estate, chief revenue officer at ESRT. “Tenants value ESRT’s high-quality office spaces, unparalleled service, and strong balance sheet, which is evidenced by the more than 3.2 million square feet of existing tenant expansions since 2013.”

Alan Desino of Colliers represented Burlington in the lease negotiations. Justin Haber, Kyle Riker, and Emma Gill of JLL represented Nespresso. ESRT’s Jordan Berger and Kerry Lavelle along with Newmark’s Scott Klau, Erik Harris, and Neil Rubin represented ESRT in both transactions.

More information about ESRT’s portfolio, and current NYC office availability, can be found online.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT’s flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observatory, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor’s 2025 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2025, ESRT’s operating portfolio is comprised of approximately 7.6 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. The Company also owns two properties that are being redeveloped with approximately 0.4 million rentable square feet of office space and 43 thousand rentable square feet of retail space. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.