Savanna is buying the former Lefcourt Colonial Building at 521 Fifth Avenue. SL Green is selling the property to Savanna for $381 million, it announced on Thursday. The building stands 39 stories tall and spans 460,000 square feet, and the deal should close in the second quarter of 2019. SL Green owns 50.5 percent of the building, and a joint venture between LaSalle Investment Management and Quantum Global Real Estate known as Plaza Global Real […]
source https://therealdeal.com/2019/03/28/savanna-picks-up-521-fifth-ave-for-381m/
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