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Empire State Realty Trust Brings Manhattan’s 130 Mercer to 100% Leased

PUBT·11/10/2026 14:05:18
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Empire State Realty Trust Brings Manhattan’s 130 Mercer to 100% Leased
  • Empire State Realty Trust signed a 74,516-square-foot office lease with a new tenant at 130 Mercer in Manhattan's SoHo neighborhood.
  • The latest deal and another lease signed earlier this year brought occupancy to 100%, from 70% at acquisition in December 2025.
  • The property's expected stabilized after-capex yield exceeds that of 250 West 57th Street by more than 200 basis points.
  • The sale of 250 West 57th Street largely funded the acquisition of 130 Mercer.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empire State Realty Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261110926033) on November 10, 2026, and is solely responsible for the information contained therein.