Burlington Stores Expands to 206,392 SF at 1400 Broadway in Fourth Office Expansion; Nespresso Renews at 111 W. 33rd Street

Empire State Realty Trust, Inc. (NYSE: ESRT) announced Feb. 17 that it completed two renewal leases and one expansion agreement with Burlington Stores, Inc. and Nespresso at two Manhattan office buildings during the fourth quarter of 2025.

Burlington Stores Commits to Fourth Expansion at 1400 Broadway

Burlington Stores signed an expansion lease for a full floor totaling 35,629 square feet at 1400 Broadway, along with an early renewal of its existing 170,763-square-foot lease at the same property. The combined footprint brings Burlington's total occupancy at 1400 Broadway to 206,392 square feet.

The transaction marks Burlington's fourth expansion at the property since the retailer first signed a lease for 35,182 square feet with ESRT in 2010.

Alan Desino of Colliers represented Burlington in the lease negotiations. ESRT was represented by Jordan Berger and Kerry Lavelle of ESRT's in-house team, along with Keri Scott, Erik Harris, and Neil Rubin of Newmark.

Nespresso Renews 41,835 SF at 111 W. 33rd Street

Nespresso signed a renewal lease for its existing 41,835-square-foot space at 111 W. 33rd Street, where the company has been a tenant since 2018. Justin Haber, Kyle Riker, and Emma Gill of JLL represented Nespresso in the transaction. ESRT's Berger and Lavelle, along with Newmark's Klau, Harris, and Rubin, represented the landlord.

"We are pleased that Burlington will grow their space at 1400 Broadway once again, and that we will continue our partnership with Nespresso at 111 W. 33rd Street," said Ryan Kass, EVP, co-head of real estate and chief revenue officer at ESRT. "Tenants value ESRT's high-quality office spaces, unparalleled service, and strong balance sheet, which is evidenced by the more than 3.2 million square feet of existing tenant expansions since 2013."

About Empire State Realty Trust

Empire State Realty Trust is a New York City-focused real estate investment trust that owns and operates office and retail real estate in Manhattan and the greater New York metropolitan area. The company trades on the New York Stock Exchange under the ticker ESRT. More information about ESRT's portfolio and current NYC office availability can be found on the company's website.