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Savanna Acquires 5 Bryant Park Office Tower In Manhattan For $640M

Property Image
SOLD
Andrew Scandalios
Christopher Schlank
+ 2

New York

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Office665,000 SF
Sold
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Property Image
SOLD

Savanna Acquires 5 Bryant Park Office Tower In Manhattan For $640M

1065 6th Ave, New York, NY 10018, USA

See Similar Deals
Office665,000 SF
Sold
Andrew Scandalios
Christopher Schlank
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:665000 SF
Transaction Type:Sale

5 Bryant Park, a 665,000 square foot office tower located at 1065 Sixth Avenue in Manhattan, was sold for a price of $640,000,000. The property was purchased at a rate of approximately $962 per square foot. The transaction involved the seller, Jonathan Gray from Blackstone, and the buyer, Chris Schlank and Nickolas Beinstock from Savanna. The deal was facilitated by a team from JLL led by [broker's name].

Summary of transaction details

  • Property Type: Office Towers
  • Transaction Amount: $640,000,000
  • Address: 1065 Sixth Avenue
  • City: New York
  • Market: Manhattan
  • Seller: @Blackstone – Jonathan Gray
  • Buyer: Savanna – Chris Schlank and Nickolas Beinstock
  • Broker: @JLL team led by [broker's name]

The acquisition of 5 Bryant Park marks a significant transaction in the Manhattan real estate market. The property, with its prime location and substantial square footage, offers great potential for the new owners, Chris Schlank and Nickolas Beinstock. Savanna's expertise in the commercial real estate sector is exemplified through this purchase. The deal was successfully brokered by the JLL team, showcasing their proficiency in facilitating high-value transactions in the industry.

Players

Andrew Scandalios
64 deals$11.3B volume(212) 632-1821
BROKER

Anthony Ledesma
DIA Capital Group
17 deals$1.7B volume(631) 901-9100
BROKER

Anthony Ledesma
DIA Capital Group
17 deals$1.7B volume(631) 901-9100
BROKER

Christopher Schlank
8 deals$375.8M volume
BROKER

Hodges Ward Elliott
BROKERAGE


Nickolas Beinstock
5 deals$281.8M volume
BUYER

Jon Gray
Blackstone
19 deals$7.1B volume
SELLER

Details

SOLD
IMAGE: Jonathan Gray, Andrew Scandalios, Anthony Ledesma, Nickolas Beinstock and Chris Schlank PROPERTY NAME: 5 Bryant Park ADDRESS: 1065 Sixth Avenue CITY: New York MARKET: Manhattan ASSET TYPE: Office Towers PRICE: $640,000,000 SF: 665,000 sf ~ PPSF: $962 SELLER: @Blackstone – Jonathan Gray BUYER: Savanna – Chris Schlank and Nickolas Beinstock BROKER: @JLL team led by […]

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