Savanna Secures Full-Floor Leases at Madison Square Park Properties
Savanna has secured 33,180 square feet in new office leases at 24-28 W. 25th St., including several full-floor transactions. In addition, the ongoing capital improvement plan at Savanna’s nearby 48 W. 25th St. office building is progressing.
Cushman & Wakefield ‘s Theodora Livadiotis, Ethan Silverstein and Anthony LoPresti served as leasing agents for Savanna in recent transactions at 24-28 W. 25th:
A five-year, 5,530-square foot-lease for Reciprocal Ventures, a venture capital firm, on the fifth floor. The tenant was represented by Nick Masi and Troy Elias at Cushman & Wakefield.
A five-year, 11,060-square-foot lease for Science IO, a data science company, on the 12th floor. The tenant was represented by Justin Haber with JLL.
These deals follow an additional 16,590 square feet of previous leasing at the building. “Our Madison Square Park properties are highly desirable and strategically located offerings in a vibrant neighborhood,” said Linhadley Eljach, VP at Savanna.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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