Empire State Realty announces expansion and extension of iCapital Network Inc's lease at One Grand Central Place.

Global Banking News-October 14, 2021-Empire State Realty announces expansion and extension of iCapital Network Inc's lease at One Grand Central Place

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Empire State Realty Trust (NYSE:ESRT) disclosed on Wednesday that global financial technology platform, iCapital Network Inc will more than double its existing office space at One Grand Central Place and expand 35,186 sq ft for a total of 64,537 sq ft of office space on three contiguous full floors.

The company said that the previous 11-year lease has additionally been extended for six years, while the expanded footprint will support iCapital's exponential growth in recent months and continued operational expansion.

Further, One Grand Central Place with 55 stories, offers premier tenant office spaces and amenities such as a tenant-only conference centre, multiple dining options and in-building access to Grand Central Station's five subway lines, commuter trains and retailers. One Grand Central Place is equipped with ESRT's cocktail of indoor...

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