Newswire Mann Report

Empire State Realty Trust Signs Rizzo Group and CodeGreen Solutions to 1350 Broadway

1350 Broadway (Photo Courtesy of Empire State Realty Trust)

Building code consulting firm Rizzo Group and CodeGreen Solutions, a decarbonization and sustainability solutions provider, have signed a new, 11-year office lease with ESRT for an 11,835-square-foot space at 1350 Broadway, announced building owner and manager Empire State Realty Trust (ESRT). The companies will relocate to this larger space from their prior space at 1333 Broadway.

“We will return to the office with an expanded footprint and confidence in ESRT’s high-performance safety protocols and years-long leadership in indoor environmental quality and sustainability,” said Stephen Rizzo, CEO at Rizzo Group and co-founder at CodeGreen Solutions. “We found the right match for our headquarters in a building with MERV-13 filters, active bipolar ionization and plenty of daylight, all fronting the new public open spaces on Broadway. Our workplace will lead the way in sustainability and wellness with a space that boosts opportunities for innovation. Typically, tenants use more than 50% of a building’s energy, so the ability to build a decarbonized workplace can help move the needle in a big way and provide a model for landlord-tenant collaboration. Our efforts in deep carbon reduction are possible because they align with ESRT’s efforts to reduce energy use and meet aggressive, but necessary, goals for net-zero emissions.”

Within its 25 stories and 372,643 rentable square feet, 1350 Broadway contains a modern lobby, office spaces, and elevators, and a new roof and façade. The building is equipped with MERV-13 filters and active bipolar ionization for indoor environmental quality as organizations return to the office.

“We are pleased that Rizzo Group and CodeGreen Solutions chose to remain tenants of ESRT as they grow their space,” said Thomas P. Durels, executive vice president, real estate for ESRT. “Our focus is to partner with our tenants to provide a pathway for a confident return to office, and with our industry-leading measures for indoor environmental quality, safety and energy efficiency, tenants can bring their employees back with certainty that their health is a top priority.”

Christopher Kraus and Charles Gerace of JLL represented Rizzo Group in the lease negotiations. Landlord representation was provided by Shanae Ursini and Keith Cody of ESRT.