business
United Talent Agency leases 100,948 square feet at Empire State Building
Los Angeles-based United Talent Agency signed a lease for four floors in the landmark skyscraper. The agency is consolidating operations from three other Manhattan locations totaling 81,000 square feet.
Jul 19, 2:35 PM·1m read1 source
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Los Angeles-based United Talent Agency signed a lease for 100,948 square feet on the 32nd through 35th floors of the Empire State Building. The agency is consolidating from three other Manhattan locations totaling 81,000 square feet. The new space will house its Filmed Entertainment, Creators, News, Publishing, Theater, Music, Speakers, Sports and Brand Advisory businesses.
A source said the asking rent was $96 per square foot. The agency was represented in negotiations by JLL's Mitchell Konsker, Benjamin Bass and Harrison Potter. Bass said the agency wanted space that gives room to grow and an environment where people want to work.
The landlord was represented in-house by Jordan Berger, Shanae Ursini and Kerry Lavelle and by a Newmark team of Scott Klau, Erik Harris, Neil Rubin, Brent Ozarowski, Zachary Weil and Cole Gendels.
The building was 96.1% leased according to the landlord's first-quarter report before the agency deal. The landlord also signed a lease with Instacart for 26,134 square feet at 111 West 33rd Street, bringing that address to 100% leased. Infinium Wall Systems took 30,017 square feet of office and retail space at 1359 Broadway.
The landlord's 8 million square-foot portfolio has two large blocks available: 60,000 square feet on the ninth and 10th floors of 501 Seventh Avenue and 80,000 square feet on the fifth and sixth floors of One Grand Central Plaza.
