Law firm leases 39,000 s/f at 100 Wall

Savanna, a New York-based real estate private equity and asset management firm, has announced the signing of a new lease at 100 Wall Street for two full floors, totaling 39,298 s/f.
Lester Schwab Katz and Dwyer (LSK&D), a law firm, will occupy the entire 26th and 27th floors, making 100 Wall Street its new Manhattan headquarters.
The tenant was represented by Marc Shapses, Joe Messina and Oliver Petrovic of Studley in the transaction. Mitchell Konsker, Scott Cahaly and Kyle Young of Jones Lang LaSalle represented Savanna.
Kevin Hoo, vice president at Savanna, noted that, since acquiring the property in 2011, Savanna has invested in improving the base building infrastructure while also adding resiliency since Superstorm Sandy by moving life safety, electric switch gear and telecommunications equipment to the second floor.
“We have attracted a diverse mix of high-quality tenants and are proud to welcome LSK&D, one of the nation’s premier litigation firms, to their new home,” Hoo added.
Savanna has also designed and delivered several rounds of high-quality pre-builts at the building that have helped define the quality and standard for smaller space leasing, which accounts for the majority of lease activity in Manhattan and Downtown.
With the LSK&D lease, Savanna has completed approximately 300,000 s/f of leasing at the building since November 2011, bringing occupancy from 72 percent to nearly 90 percent today.