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New York

Savanna puts 100 Wall Street on the market

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

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. 

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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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