NEW YORK – Empire State Realty Trust has signed a 10,500 sq. ft. full-floor lease with MSG Sports & Entertainment (MSG), owner of the NY Knicks and NY Rangers, at 111 West 33rd Street. The building recently completed a renovation and is less than a block from the Madison Square Garden arena.
“MSG was attracted to 111 West 33rd Street’s convenient location and its new modern lobby designed by STUDIOS Architecture,” said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT. “They will join ESRT headquarters at the newly repositioned 111 West 33rd Street, steps away from MSG’s world-famous arena.”
MSG is home to some of the most recognized brands in professional sports including the NY Knicks of the NBA and NY Rangers of the NHL. The company recently put up the New York Liberty WNBA team for sale.
Neil Goldmacher and Andrew Sachs of Newmark Knight Frank represented MSG in the lease negotiations. Landlord representation was provided by Keith Cody of ESRT, along with Newmark Knight Frank’s Scott Klau, Erik Harris and Neil Rubin.