The Real Deal New York

Savanna puts 100 Wall Street on the market

29-story FiDi office building could sell for $250M: sources

March 05, 2015 10:12AM

Savanna's Nicholas Bienstock and 100 Wall Street

Savanna’s Nicholas Bienstock and 100 Wall Street

Savanna is selling 100 Wall Street and could get as much as $250 million for the office building, the New York Daily News reported, citing unnamed sources.

The more than 500,000-square foot, 29-story building is located between Front and Water streets in the Financial District and is about 90 percent leased. 

Among the tenants in the building are Israeli airline El Al and law firm Lester Schwab Katz & Dwyer.

Savanna, a real estate private equity firm led by Chris Schlank and Nicholas Bienstock, bought the property in 2011 from Lehman Brothers Holdings in a foreclosure auction and has spent roughly $25 million on renovating the building.

Eastdil Secured’s Adam Spies and Doug Harmon have the listing, the newspaper said. [NYDN] — Claire Moses 

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