NEW YORK — Empire State Realty Trust announced that Blue Bottle Coffee, Inc. has signed a long-term lease at One Grand Central Place, a 55-story tower across from Grand Central Terminal.
Blue Bottle Coffee works directly with farmers around the world to source the most delicious and sustainable coffees. They are dedicated to serving only the freshest java, so much so that customers are only able to purchase coffee that is less than 48 hours out of the roaster.
Blue Bottle has four locations already in Manhattan and three in Brooklyn.
“Blue Bottle Coffee is a great concept and will be a tremendous amenity for our tenants and benefit from the excellent traffic from our in-building subway entrance,” said Thomas Durels, Executive Vice President and Director of Leasing and Operations for ESRT. Durels added, “ESRT is marketing another prime retail availability of 14,500 sq. ft. on 42nd Street. Located directly opposite Grand Central Terminal and the future One Vanderbilt development, this unique offering is available for the first time in 30 years.”
Marc Frankel and Jeff Roseman of Newmark Grubb Knight Frank represented Blue Bottle Coffee in the lease negotiations. Fred Posniak and Shanae Ursini represented ESRT in the transaction. The asking rent was $675 per square foot.