“We are thrilled that Agoda, has expanded to a full floor with us and extended its lease at the Empire State Building. Our Urban Campus amenities and services, along with our full Empire State ReBuilding has created a building which serves 21st Century’s leading businesses” said Thomas Durels, Executive Vice President and Director of Leasing and Operations for ESRT. “Agoda represents the 120th lease expansion within our portfolio since our IPO less than four years ago.”
Agoda is Priceline’s Asian online hotel-booking service that provides accommodations to travelers in more than 20 countries. Agoda employs more than 2,500 travel professionals as part of the Priceline Group, the largest seller of rooms online.
The Empire State Building was 92.1% occupied at the end of the second quarter.
Deborah van der Heyden, Paul Ferraro and Matt Livingston of JLL represented Agoda in the lease negotiations. Landlord representation was provided by Fred Posniak and Shanae Ursini of ESRT, along with Paul Glickman, Jonathan Fanuzzi, Simon Landmann, Kip Orban and Harley Dalton of JLL.