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NEW YORK CITY - World Monuments Fund (WMF) is moving its headquarters to the 24th
floor of the Empire State Building, where it will occupy nearly 12,500 square feet,
announces Fred C. Posniak, senior vice president of W&H Properties.
WMF is the leading international independent organization dedicated to preserving
cultural heritage around the world. For 45 years, its highly skilled experts have applied
proven and effective techniques to preserve important architectural and cultural-heritage
sites in more than 90 countries around the globe.
"It seems fitting that a world-class operation such as the WMF will be housed in the
World's Most Famous Office Building," says Mr. Posniak. "The Empire State Building, after
all, is an internationally renowned architectural landmark. And WMF will feel at home as the
newest addition to our tenant roster of prestigious international companies."
WMF will take occupancy of its new headquarters in October.
William Cohen and Ryan Kass of Newmark Knight Frank, the building's leasing and
marketing agent, represented both the landlord and World Monuments Fund in the lease
negotiations.
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 $550 million, the Empire State Building has attracted and
continues to attract corporate tenants in a diverse array of industries from around the
world.
The Empire State Building also has taken a leading role in sustainability, partnering
with the Clinton Climate Initiative, Rocky Mountain Institute, Johnson Controls and Jones
Lang LaSalle to develop an innovative process for a comprehensive energy efficiency
retrofit program that will reduce the building's total energy consumption by 38% and that
has led the building to receive an Energy Star rating of 90, placing it in the top 10% in
energy efficiency among all buildings measured under the Energy Star program. The
energy retrofit program that contributed to the Energy Star designation is also an
important element in the target to seek LEED-EB Gold certification from the United States
Green Building Council.
The Empire State Building's upgrades — planned and completed — include a
comprehensive restoration of the Art Deco lobby and ceiling, along with the creation of a
dedicated 34th Street tenant entrance, visitor desk and access control, messenger center,
new restrooms, air-conditioned public corridors, new marble elevator cabs, 6,500 new
windows, improvements to the building-wide mechanical and electrical systems, and
improved security systems.
Part of the W&H Properties' Pre-War Trophy office portfolio, the Empire State Building
is�supervised by Malkin Holdings LLC, one of New York City's most financially stable
ownerships. Broker commissions are paid in full at lease signing.
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