Government of Cayman Islands Travels to the Empire State Building
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Leases Pre-Built Unit on 18th Floor

February 04, 2009

NEW YORK CITY - The Government of the Cayman Islands has leased a pre-built unit of 4,520 square feet at the Empire State Building, announced Stephen Eynon, director of leasing at the property.

The relocation of the Government's New York City offices, now located at 3 Park Avenue, will take place next month.

"Our pre-built program, which attracted the tenant, is a major component of our 'ReBuilding' initiative,” says Mr. Eynon. "There's been a lot of attention focused on our space consolidation program, which created full-floor and multi-floor blocks for organizations with large space needs, but we’ve also opened a wide range of opportunities for organizations seeking immediate possession that have small or mid-sized space requirements.

"These tenants appreciate our pre-built designs, which include top-of-the-line energy-efficient lighting, high-grade carpeting, solid maple wood doors and three-foot glass sidelights."

John Sheehan of Delmhorst & Sheehan, Inc. represented the tenant in the lease negotiations. Mr. Eynon represented the landlord, together with Daniel Bodner of CB Richard Ellis.

Soaring 1,454 feet above Midtown Manhattan, the Empire State Building is the World's Most Famous Office Building. With new investments in infrastructure, public areas and amenities totaling more than $500 million, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world.

Upgrades - planned and completed - include a strategic repurposing of the ground floor retail mix and a comprehensive restoration of the Empire State Building's art deco lobby and ceiling, along with the creation of a dedicated 34th Street tenant entrance. A new messenger center, modernization of the building's systems, new restrooms, air-conditioned public corridors, and new, improved multi-layered security systems comprise some of the building’s contemporary amenities.

All 65 marble elevator cabs have been refurbished and the building's 6,500 windows have been replaced, increasing the Empire State Building's energy efficiency and earning it a coveted "Energy Star" designation.

The Empire State Building is part of the W&H Properties portfolio. Broker commissions are paid in full at lease signing.





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