Savanna, a New York City-based real estate investment manager, owner/operator and developer, announced two new leases totaling 8,556 square feet at 19 West 44th Street, an 18-story, 303,000-square-foot office building located between Fifth and Sixth Avenues in the heart of Midtown Manhattan. The new leases include the following:
- A technology solutions provider entered into a new 6,134-square foot lease. Savanna was represented in the transaction by a JLL team comprised of Thomas Swartz, Ben Bass, Barbara Winter and Mitch Konsker. The tenant was represented by Brett Harvey and Samantha Melligon, also with JLL.
- Financial advisory firm Modera Wealth Management entered into a new 2,422-square-foot lease. Savanna was represented in the transaction by the JLL team of Thomas Swartz, Ben Bass, Barbara Winter and Mitch Konsker.
“The historic 19 West 44th Street building offers newly built office suites with tenant controlled air conditioning, as well as a prime Midtown location between New York’s two biggest commuter hubs, Times Square and Grand Central Station,” said Dan Temel with Savanna. “The recent leasing activity at the building confirms its ongoing appeal with a wide variety of tenants.”
Savanna first purchased the property in 2017 and implemented a capital improvement plan that included a renovation of the entrance, façade, lobby, and elevators as well as upgrades to common corridors throughout the building. Savanna also added a 24/7 lobby concierge, destination dispatch elevators, lobby turnstiles and several office suites in the building are now furnished.
Originally constructed in 1916, 19 West 44th Street features pre-war architecture as well as oversized windows, outdoor terraces, and a historic masonry façade and entrance. The property is centrally located near Times Square, Bryant Park and Grand Central Terminal and has outstanding transportation access, situated within a five-minute walk of 19 subway and train lines.