Empire State Realty Trust files plans for $49M single-floor rehab of Empire State Building

Empire State Realty Trust, on August 4, filed plans for a $49 million rehabilitation of one floor of the Empire State Building at 350 Fifth Avenue in the Garment District, Manhattan.

The plans call for work on the 54th floor of the 1,250-foot-tall, 102-story building and were filed with the New York City Department of Buildings under job number M00778561.

In May of 2013, the Empire State Building’s shareholders approved the sale of the landmarked building as part of a plan to take a portfolio of properties to the public in an IPO valued at $4.2 billion. Peter L. Malkin and his son Anthony E. Malkin had controlled the property since 1961, when it was purchased by a group of nearly 3,000 entities created by Malkin Properties in a $65 million syndication deal.

The project is described in the filing as: General Construction taking place on the 54th Floor as per plans filed herewith. No change in Use, Egress or Occupancy.

The architect listed is Nelson Architecture & Interiors, In.

Direct link to Acris documents. LINK

Direct link to DOB NOW Public Portal. LINK