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Empire State Realty Trust’s 130 Mercer is Now 100% Leased

  • Empire State Realty Trust, Inc. completed a 74,516-square-foot office lease at 130 Mercer in Manhattan's SoHo neighborhood.
  • The new tenant will occupy two full floors, bringing the property's occupancy from 70% to 100% leased since its acquisition in December 2025.
  • Ryan Kass, EVP at ESRT, stated the rapid lease-up of 110,000 square feet across three floors is expected to yield a stabilized after-capex return over 200 basis points higher than 250 West 57th Street.
  • 130 Mercer comprises approximately 368,000 square feet of office space & 28,000 square feet of prime retail between Spring & Prince streets.
  • The property features large floorplates of ~37,000 square feet, renovated lobbies, a fitness center, a lounge, & a 290-person auditorium.
  • As of November 2, 2026, ESRT's portfolio includes approximately 7.7 million rentable square feet of commercial space & three residential properties.