Savanna’s white knight? This Health care firm could take Amazon’s place
at One Court Square

Centene Corporation is negotiating a lease for about 500K sf

TRD New York /
Mar.March 22, 2019 04:00 PM

Savanna’s Chris Schlank and One Court Square in Long Island City (Credit: Getty Images and Wikipedia)

A health care company based in St. Louis is about to be Savanna’s savior.

Centene Corporation is negotiating a deal to lease up to 500,000 square feet at Savanna’s One Court Square in Long Island City, according to Crain’s. Amazon had previously committed to leasing about 1 million square feet of space in the tower but cancelled the deal when it abruptly pulled out of its plans to bring its second headquarters to New York amid local opposition.

The deal with Centene appears related to its roughly $4 billion purchase last year of Fidelis, a health care company based in Queens. The company may be looking to move Fidelis’ operations from its current place in Rego Park to the Long Island City tower.

The lease would still leave Savanna with 500,000 extra square feet to fill at the tower.

The company’s chief executive Chris Schlank criticized Gov. Andrew Cuomo and Mayor Bill de Blasio over their handling of the Amazon deal at a recent panel.

“The hubris that Cuomo showed and the weakness that de Blasio showed tacitly not wanting to put his name on Amazon because he likes the unions was terrible in so many ways,” he said. [Crain’s] – Eddie Small


Related Articles

arrow_forward_ios
Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

(Credit: iStock)

Small Talk: Every community meeting. About every development project. Ever.

An example of roll-off waste management (Credit: YouTube, iStock)

A win for big building owners in trash-collection fight

Duke Long and Poshtel International CEO Morten Lund

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

From left: Pavel Fuks, Michael Cohen, Felix Sater, and Donald Trump (Credit: Getty Images and Wikipedia)

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Rodrigo Niño (Credit: Prodigy Network and iStock)

Embattled Prodigy Network CEO Rodrigo Niño to step down

arrow_forward_ios