Savanna

543 West 122nd Street, design by INC, rendering by Binyan Studios

Exclusive: The Vandewater Tops-Out 385 Feet Above Morningside Heights at 543 West 122nd Street

Standing north of Columbia University at 543 West 122nd Street, behind the Jewish Theological Seminary, is the new residential tower dubbed “Vandewater”. Located in Morningside Heights, which was originally called Vandewater Heights, the new 385-foot-tall building will come with over 300,000 square feet of space, and 183 condominiums spread over 33 floors. SLCE Architects is the executive architect while Incorporated Architecture & Design is the designer for the project. Savanna is the project’s developer, while Halstead Property Development Marketing is handling sales.

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543 West 122nd Street, design by INC, rendering by Binyan Studios

Rendering Revealed for 32-Story Condo Building at 543 West 122nd Street, Morningside Heights

New high-rises aren’t a frequent occurrence in Upper Manhattan, but one such project currently rising at 543 West 122nd Street, in Morningside Heights, now has its first renderings. The development will be known as Vandewater, taken from the original Dutch name for the area. Savanna is responsible for the development, and Curbed was the first to reveal the new images.

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31-00 47th Avenue

Renovation, Ground-Floor Retail Planned for Five-Story Office Building at 31-00 47th Avenue, Long Island City

Savanna has closed on the purchase, for an undisclosed sum, of The Falchi Building, a five-story, 711,000-square-foot commercial building at 31-00 47th Avenue, in Long Island City’s Blissville section. It was earlier reported that the developer was in contract for more than $255 million, Commercial Observer reported. The new owner plans to conduct a $35 million renovation on the property. Retail will be installed on the ground floor, while the office spaces throughout the rest of the structure will be modernized. Improvements include new amenities, upgrades to infrastructure and common areas. The building is currently 90 percent leased.


540 West 26th Street

Nine-Story, 142,500-Square-Foot Commercial Building Rises Above Street Level at 540 West 26th Street, West Chelsea

Construction is up to the third floor on the nine-story, 142,554-square-foot mixed-use commercial building at 540 West 26th Street, in West Chelsea. The latest photos can be seen on the YIMBY Forums. The most recent building permits indicate the project will eventually measure 142,554 square feet and rise 135 feet above street level. The developers have already pre-leased 85,421 square feet across portions of the ground through fifth floors to Avenues: The World School, a private school. The sixth through ninth floors will contain office space and the ground floor will feature an art gallery space. The real estate fund Savanna and the Silvermintz family are developing the building, while Morris Adjmi Architects is designing it. Completion is expected in 2017.



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