NEW YORK CITY-After re-launching the building back to the marketplace in January, private equity and real estate management firm Savanna is ramping up its efforts to attract new users to 80 Broad St. in the Financial District. The firm has donated 11,250 square feet of space to nonprofit organization the Lower Manhattan Cultural Council in an effort to promote the arts – and what Downtown has to offer.

“Part of our leasing strategy was to affirmatively to take this property off the market,” Shep Wainwright, a managing director at Savanna, tells GlobeSt.com, noting that a $19 million capital improvement program is underway at the 36-story, 419,000-square-foot building after the firm secured a $65.3 million loan for the property last summer. To date, elevator modernization, stone restoration, enhanced lobby lighting and renovations to the common area bathrooms are now complete.

“We felt it was so important that the elevators got fixed, to re-do the lobby, to kick off all the fa