June 9, 2008 Empire State Building Improvements Budget
Click here for SEC filing
EMPIRE STATE BUILDING
350 FIFTH AVENUE
EXHIBIT A
BUDGET
(all amounts approximate)
Project / Item Description
Elevator / Escalator System Modernizations
$ 8,903,000
Main Lobby Renovation
13,479,000
Bathroom Renovations
6,688,000
Public Corridor Renovations with Air Conditioning
98,995,000
Fire Alarm System Upgrade
7,217,000
Security System Upgrades
7,006,000
HVAC System Upgrades
48,951,000
Observatory Upgrades
53,557,865
Tower Lighting Upgrades
8,675,000
Plumbing System Upgrades
1,347,000
Additional Electric Power & Energy Initiatives
76,213,000
Local Law 26 Compliance (incl. Bldg Wide Sprinklers Syst)
29,092,000
Antenna Upgrades
1,201,000
Condensed Water
2,322,000
Roof Replacements
5,770,000
Facade Repairs
16,726,000
New Management Offices
3,200,000
87th Floor Private Event Space
4,608,000
Employee Locker Room
300,000
Project Management Fees
1,636,000
Sub-Total Major Projects / Improvements
$395,886,865
Tenant Improvements and Leasing Commissions
204,000,000
Financing Closing Costs*
25,950,000
Total
$625,836,865
