Empire State Realty Trust, Inc. (NYSE: ESRT) announced today it has signed a full-floor lease with Transit Wireless at 1400 Broadway for 32,499 square feet.
“We are pleased to accommodate the growth of Transit Wireless through a relocation from 1350 Broadway, where they occupied 24,503 sq. ft. though sublease,” said Thomas P. Durels, executive vice president, real estate for ESRT. “Transit Wireless’ employees will enjoy the newly built tenant lounge at 1400 Broadway with superior Indoor Environmental Quality delivered through new ventilation systems with MERV-13 filters and active bi-polar ionization that kills 99.92% of coronaviruses. We achieved a coveted 5 Star Rating from GRESB in our first year of submission for sustainability performance, were the first in the United States to achieve the WELL Health Safety Rating for our entire portfolio and were just named Fitwel champions from the rigorous third-party healthy building certification.”
1400 Broadway comprises 37 floors with 935,401 rentable square feet at a prime location just steps from Herald Square with easy access to transportation, dining, and entertainment. The building boasts new MERV-13 filters and industry-leading AtmosAir bi-polar ionization capabilities to provide superior indoor environmental quality and promote a confident return to the office.
“With this new, larger space, Transit Wireless expands its commitment to New York City’s recovery,” said Melinda White, chief executive officer of Transit Wireless. “Our new office puts employee safety at the forefront with industry-leading air technology, enhanced social distancing, and safe business practices, as we scale and prepare for future growth.”
Landlord representation was provided by Keith Cody and Shanae Ursini of ESRT, along with Scott J. Klau, Erik S. Harris, and Neil L. Rubin of Newmark Knight Frank. Additional information about current leasing availabilities at 1400 Broadway can be found online.
About Transit Wireless
Transit Wireless is a leading 5G wireless infrastructure company that provides cellular and Wi-Fi connectivity to large infrastructure projects including the New York City subway system. Transit Wireless and its majority shareholder BAI Communications, finances, designs, builds, operates and maintains wireless networks to connect millions of customers each day. The Transit Wireless subway network is an award-winning public-private partnership with the Metropolitan Transportation Authority (MTA) and provides service to all three Tier One wireless carriers. The network was honored with the Wireless Broadband Alliance (WBA) Award for “Best Wi-Fi Deployment to Connect the Unconnected in an Urban Environment” and the prestigious 2018 IDC “Smart Cities North America Award.” Transit Wireless is a proud supporter of the MTA and Literacy Partners annual “Subway Reads” campaign and won a 2018 Honorable Mention in the MTA’s Genius Transit Challenge. Find out more about Transit Wireless at transitwireless.com or follow us on Twitter @TransitWireless.
