Savanna Real Estate Fund

Parking Lot Across From Penn Station to Go Residential


The New York-based Savanna Real Estate Fund is planning a 100,000 square foot mixed-use building across the street from the Farley Post Office and Pennsylvania Station, a corner site home to a parking lot.

The site, 415 Eighth Avenue, is on the southwest corner of Eighth Avenue and 31st Street, a location certain to benefit from the gargantuan amount of development – about $14 billion – envisioned for the immediate area by the state, Vornado Realty Trust, and Related Companies.  read more »