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Gerson Lehrman Group, Inc. to Expand 18,230 Square Feet at One Grand Central Place for a Total 95,612 Square Foot Space

  • Empire State Realty Trust signed an 18,230 square foot expansion lease with GLG for One Grand Central Place.
  • The lease brings GLG's total footprint at the building to 95,612 square feet after renewing 77,382 square feet in April 2025.
  • GLG now occupies two full floors overlooking Vanderbilt Plaza having joined the ESRT portfolio in 2013.
  • One Grand Central Place offers 55 stories of modernized space with amenities including SORA dining concepts & direct access to Grand Central Terminal.
  • Ryan Kass of ESRT highlighted GLG's long-term tenancy as a reflection of the building's location, amenities, & service.
  • JLL represented GLG in negotiations while ESRT & Newmark represented the property owner.
  • ESRT is a NYC-focused REIT owning approximately 7.8 million rentable square feet of office space as of September 30, 2025.