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    540 West 26th Street

    540 West 26th Street
    New York, NY 10001
    212-821-8690
    Retail, Leasing/Rental

    This property is a new development. The developer(s) filed plans in January of 2014 to build a 128,336-square-foot building at 540 West 26th Street in the Chelsea neighborhood of Manhattan. The plans call for an occupancy classification of B - BUSINESS. The building is under construction.

    • Address 540 West 26th Street
    • neighborhood Chelsea
    • borough Manhattan
    • owner entity SAVANNA FUND
    • architect Morris Adjmi Architects
    • PLANS DISCLOSED 01/28/2014
    • dob permit issued 07/30/2015
    • tco issued 12/22/2017
    • DOB FILE PLANS 01/28/2014
    • DOB FILE Link
    • height in feet 135
    • floors 9
    • square feet 128,336
    • const. status BUILDING COMPLETE
    • block and lot 1-00697-0056
    • BIN 1089424
    • Event Sales
    • Address 540 West 26th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 167,000
    • Price $ 257,000,000
    notes
    The buyer acquired the Chelsea property for $257 million.
    • Event Office Leasing
    • Address 540 West 26th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 67,100
    • Publication Date 07/16/2018
    • Event Date 07/13/2018
    • Party 1 Savanna Real Estate Funds
    • Party 2 Roc Nation
    notes
    The entertainment company inked a lease for the Chelsea space.
    • Event financing
    • Address 540 West 26th Street
    • Neighborhood West Chelsea
    • Borough Manhattan
    • Square feet 85,421
    • Price $ 115,000,000
    • Publication Date 11/01/2015
    • Event Date 09/22/2015
    • Party 1 Savanna, Silvermintz Family
    • Party 1 Brokerage RM Capital Management
    • Party 1 Broker Romano Tio, Marc Sznajderman, Steven Weiss
    • Party 2 Deutsche Bank
    notes
    The partnership secured $115 million of first mortgage construction financing.
    • Event Sales
    • Address 540 West 26th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Price $ 24,700,000

    05/01/2016
    The firm’s largest deal last year was the $121 million refinancing of several Stellar Management apartment buildings. RM Capital â€' headed by Marc Sznajderman and Romano Tio â€' placed one large loan last year totaling $115 million from Deutsche Bank for Savanna and the Silvermintz family’s commercial development project at 540 West 26th Street in Chelsea...
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