34th Street

Real Estate

Tech Companies Flock to Empire State Building

The city's most iconic building is constantly attracting new and exciting tenants.

CoStar Group

The Empire State Building opened in 1931 and instantly became New York City’s preeminent icon. The Art Deco masterpiece exudes power and grace in every brick, and to this day remains the city’s most recognizable image. Though the building is now just 15 years shy of the century mark, it’s hardly a mere relic of days past. One of the most interesting developments on 34th Street in the 21st century has been its evolution into a home for successful technology companies. 

The latest tech firm to claim space is Expedia, which recently signed a lease for 9,000 square feet on the 72nd floor. As Terence Cullen at Commercial Observer remarks, “Expedia joins a slew of other established technology companies in the building between West 33rd and West 34th Streets that include eBay and LinkedIn, which also expanded and extended its lease.”

LinkedIn is one of the building’s largest tenants, taking up 280,000 square feet of office space. Shutterstock also recently increased its presence, adding 25,000 square feet on the 34th floor, bringing its total office space to more than 100,000 square feet. “The Empire State Building, with its unique urban campus amenities, continues to attract top tenants,” Thomas Durels, Empire State Realty Trust’s head of leasing, told Commercial Observer.

34th Street Partnership has always been proud to have the Empire State Building as a constituent, and we believe that these and other exciting tenants bode well for the building’s future.   

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