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Savills Advises BERS on New 55 Water Street Lease

NYC-Board of Education Retirement System logoNYC-Board of Education Retirement System
Document date
May 13, 2025

The 30-second brief

What it covers

BERS engaged Savills as a real estate advisor to analyze office space options and landlord proposals ahead of its current sub-sublease expiration at 55 Water Street. Savills recommended pursuing a long-term lease with New Water Street Corporation based on an April 11, 2025 proposal.

Who holds it

SAVILLS holds this professional services contract with NYC-Board of Education Retirement System. 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
Professional Services
Document date
May 13, 2025
Vendor
SAVILLS
Agency
NYC-Board of Education Retirement System
Source document
Board of Education Retirement System AgendaPacket May 13, 2025 (AgendaPacket)

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

More NYC-Board of Education Retirement System contracts

MAJESCOBERS Considers Agreement Transfer and Amendment With Majesco · Oct 22, 2026UndisclosedIron MountainBERS Approves Records Storage Agreement With Iron Mountain · Oct 22, 2026UndisclosedIron Mountain Information Management LLCBERS Approves Records Storage Contract with Iron Mountain · Jun 4, 2026Vitech Systems Sub LLC (Vitech)BERS Approves $2.13M System Maintenance with Vitech · May 13, 2026Segal Marco AdvisorsBERS Accepts Segal Marco Transition Manager Plan · May 13, 2026UndisclosedAll NYC-Board of Education Retirement System activityAgency profile

Questions about this contract

Who was awarded the professional services contract by NYC-Board of Education Retirement System?

SAVILLS was awarded this professional services contract by NYC-Board of Education Retirement System, as recorded on May 13, 2025.

What type of contract is this?

This is a Professional Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Board of Education Retirement System AgendaPacket May 13, 2025 (AgendaPacket), dated May 13, 2025 from NYC-Board of Education Retirement System. 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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