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Blackstone Sells 5 Bryant Park for $640 Million

Savanna Picks up Iconic Midtown Tower
By Diana Bell
May 25, 2018 | 5:22 P.M.

The 34-story 5 Bryant Park office building overlooking historic Bryant Park now rests squarely with Savanna Capital Partners. The New York City-based developer spent $640 million, or about $937 per square foot, to acquire the 682,988-square-foot office building from a subsidiary of The Blackstone Group LP.

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News | Blackstone Sells 5 Bryant Park for $640 Million