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Savills Advises Port Authority on Tower 2 Transaction

Port Authority of New York and New Jersey | State of New York logoPort Authority of New York and New Jersey | State of New York
Document date
Feb 5, 2026

The 30-second brief

What it covers

The Port Authority engaged Savills as a financial advisor to review the proposed World Trade Center Tower 2 transaction. Savills concluded that the projected post-occupancy ground rent was consistent with expected market rent.

Who holds it

SAVILLS holds this financial services contract with Port Authority of New York and New Jersey | State of New York. Its other public contracts on record include work for NYC-Roosevelt Island Operating Corporation and NY-State-Roosevelt Island Operating Corporation (RIOC).

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Contract details

Contract type
Financial Services
Document date
February 5, 2026
Vendor
SAVILLS
Agency
Port Authority of New York and New Jersey | State of New York
Source document
The Port Authority of New York and New Jersey Minutes Board Meeting 2026-02-05 (Minutes)

SAVILLS's other public contracts

NYC-Roosevelt Island Operating Corporation, New YorkSavills Recommended for RIOC Real Estate Advisory Panel · Oct 22, 2026UndisclosedNY-State-Roosevelt Island Operating Corporation (RIOC), New YorkSavills Recommended for RIOC Real Estate Advisory Panel · Oct 18, 2026UndisclosedTown of Deerfield, IllinoisSavills Engaged to Evaluate Temporary Swing-School Sites · Sep 3, 2026Town of Deerfield, IllinoisDistrict 109 Engages Savills for Swing Site Search · Aug 13, 2026UndisclosedFairfax Water, VirginiaSavills Assists in Henninger Court Sale · Jul 23, 2026UndisclosedAll SAVILLS contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Port Authority of New York and New Jersey | State of New York?

SAVILLS was awarded this financial services contract by Port Authority of New York and New Jersey | State of New York, as recorded on February 5, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in The Port Authority of New York and New Jersey Minutes Board Meeting 2026-02-05 (Minutes), dated February 5, 2026 from Port Authority of New York and New Jersey | State of New York. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SAVILLS hold?

SAVILLS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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