The Real DealManhattan Leasing Up 40% So Far This Year
03/06/17 - The Manhattan office market’s hot start to 2017 continued into February, as a strong month of leasing pushed activity nearly 40 percent higher year-over-year.
New York Real Estate JournalSavanna Tops Out 540 West 26th Street
02/23/17 - Savanna, a New York City-based, vertically-integrated real estate investment manager, owner/operator and developer, along with its JV partner, the Silvermintz family, and general contractor Triton Construction, celebrated the topping out of 540 West 26th Street on Wednesday, January 25th.
The Real DealQueens Takes the Throne
02/01/17 - Deals in Queens have gotten much bigger: the number of transactions over $20 million grew from five in 2011 to 42 in 2016, according to Ariel Property Advisors. Topping the list on last year’s largest sales was Savanna’s $257.5 million purchase in December of the Falchi Building, a 658,000-square-foot office building in Long Island City. The private equity and asset management firm, which is planning on pumping $35 million in infrastructure upgrades, is no stranger to Queens.
The Commercial ObserverThe Plan: Inside the Transformation of The Bruckner Building in the Bronx
01/12/17 - When developers Savanna and Hornig Capital Partners first looked at The Bruckner Building at 2417 Third Avenue in the Mott Haven section of the Bronx a few years ago, they saw a crumbling manufacturing building. Following a $12 million renovation project that started in summer 2015 and ended in fall 2016, the building now features modern office space. It has a brand new roof and electrical infrastructure, new windows, new passenger elevators with wooden siding and a fresh exterior.