Empire State Realty Trust’s 130 Mercer is Now 100% Leased

Leasing has reached 100%, compared with 70% when the property was acquired in December 2025.

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74,516 square foot transaction with new tenant will span two full floors at ESRT’s SoHo property

NEW YORK--(BUSINESS WIRE)-- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it completed an office lease with a new tenant for 74,516 square feet at 130 Mercer in Manhattan’s SoHo neighborhood which, together with another lease executed earlier this year, brings the property from 70% leased at acquisition in December 2025 to 100% leased.

“We are pleased to achieve this 100% leased milestone at 130 Mercer,” said Ryan Kass, EVP, co-head of real estate and chief revenue officer at ESRT. “Our execution at this SoHo property demonstrates ESRT’s ability to translate tenant demand into results. Through our fast lease-up of a three-floor, 110,000 square feet block of office space, we expect to achieve a stabilized after-capex yield at 130 Mercer that is over 200 basis points higher than 250 West 57th Street, the disposition that largely funded the acquisition.”

Located between Spring and Prince streets with entrances on Mercer Street and Broadway, 130 Mercer comprises approximately 368,000 square feet of office and 28,000 square feet of prime retail.

The property, with convenient access to public transportation and SoHo’s shops and restaurants, features large floorplates of approximately 37,000 square feet, renovated Mercer Street and Broadway lobbies, a fitness center, a lounge, and a 290-person auditorium.

More information about 130 Mercer and NYC office availability can be found at esrtreit.com.

About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) owns and operates a New York City portfolio of well-leased, top of tier, office, retail, and multifamily assets. ESRT’s Empire State Building features an Observation Deck. The Company is a recognized leader in sustainability. As of November 2, 2026, ESRT’s portfolio is comprised of approximately 7.7 million rentable square feet of commercial space and three residential properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261110926033/en/

Media Contacts:
Empire State Realty Trust
Jamie Heitner
212-400-3339
jheitner@esrtreit.com

Source: Empire State Realty Trust, Inc.

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