News
SAVITT LAUNCHES OWN FIRM
February 18, 2009
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| Former Kaufman exec Bob Savitt has launched Savitt Partners, the newestfull-service brokerage firm in Manhattan. He and EVP Marc Schoen met with us at its new 530 Seventh Ave. headquarters, where a 15-member team focuses on brokerage, asset management, and operations. Bob tells us that the team’s experience in specialized sectorssuch as fashion, healthcare, creative services, and the office market will enable them to compete. |
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| The firm has already signed a number of new leases and renewed several existing tenants, most recently arranging a 20k-SF sublease for Perry Ellis at 530 Seventh Ave. Other recent transactions include: a 37k-SF renewal for Chaus, a 26k-SF renewal for Danskin and an expansion/extension for high-end children’s brand Best and Co. The firm owns and/or operates nearly 2M-SF of office and showroomspace in Manhattan, including 530 Seventh Ave., 525 Seventh Ave., 218 W. 40th St., 499 Seventh Ave., and 11 W. 19th St. |
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| Expect some of NYC’s greatest opportunities in theseunprecedented times, Bob says; the firm plans to recruit top brokers and seek investment opportunities over the next 18 months, as well as grow its office and retail groups. In addition to Marc, the firm recently brought on industry heavyweights Michael Dubin as president of the brokerage division, and James Raso as CFO. Here, Bob shows us his art collection by budding master Brooke Savitt, age 9. |
