ATCO Properties & Management | The Real Deal New York

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ATCO Properties & Management

555 Fifth Avenue, 16th floor
New York, NY 10017
(212) 687-5154
Website
ATCO

ATCO Properties & Management, founded in 1922, is a family-owned and run real estate development and management company based in New York City, with about $2 billion in assets under management. The firm focuses on office and retail development projects in the New York metro area and Austin, Texas. As of 2015, ATCO's portfolio included 35 office, residential, retail, and industrial buildings. In New York, these included 555 Fifth Avenue, 40 Central Park South, 41 West 58th Street, 630 Third Avenue, 381 and 373 Park Avenue South, and the Atlas Terminals. ATCO owns properties in Texas, Connecticut, New Jersey, Florida, as well as outside the United States, in London, Barcelona, Paris, Brussels, Milan, Frankfurt, Ingolstadt, and Dublin. ATCO's other units provide real estate-related services such as financing, construction, accounting, brokerage, and consulting. The business grew out of the scrap fabric processing and recycling plant in Glendale, Queens, at the Atlas Terminals. Founder Henry Hemmerdinger got into the real estate business by leasing extra space in buildings on his terminals land. The companys legacy portfolio is concentrated in New York City and the surrounding area. MK


01/06/17
Talk about a case of sour grapes. VaynerMedia, the digital marketing agency founded by entrepreneur and wine fanatic Gary Vaynerchuk, is suing co-working startup LedianSpace,...

12/20/16
UPDATED, Dec. 20, 7:20 p.m.: ATCO Properties & Management closed Tuesday on the $108 million purchase of a Garment District office building, securing a $71...

10/07/16
ATCO Properties & Management is in contract to buy RPW Group’s 18-story office Garment District office building for $108 million, or about $655 per square...

04/20/16
The candidate expected to win former State Senate majority leader Dean Skelos’ seat had the backing of some of New York City’s biggest names in real...

03/01/16
John K. Lord, a senior executive at family-run ATCO Properties & Management, shot his wife to death and then killed himself with her gun last...

09/28/15
Shared co-working space provider NeueHouse is opening its first global headquarters near Madison Square Park. The firm signed a 10-year lease for more than 8,700...

08/18/15
UPDATED, 10:30 p.m., August 18: Blesso Properties picked up the development site at 525-545 Broadway in Williamsburg, the location of the former Lincoln Savings Bank...

09/11/13
ATCO Properties & Management is hanging onto a tenant at its 555 Fifth Avenue — insurance litigator Nicoletti Gonson Spinner LLP. The law firm moved into...

06/02/09
H. Dale Hemmerdinger, chairman of the M.T.A. and owner of Atco Properties & Management, is being sued by partners in one of his buildings for allegedly illegally...

04/29/09
The upscale Queens mall Atlas Park, which is facing foreclosure, will shift its focus to middle-end retailers and may cut fees for one-hour parking to draw more...

04/06/06
The developer of the Shops at Atlas Park, set to open in Glendale on April 27, is hoping that the higher-end retail planned for the...
Atco Properties & Management, Director
555 Fifth Avenue, 16th floor, New York, NY, (212) 687-5154 ext. 172
Peter Goldich is a real estate executive. Since 1991, he has worked at...
Atco Properties & Management, Director of Operations
555 Fifth Avenue, 16th floor, New York, NY, (212) 687-5154 ext. 104
Avi Itzikowitz is a real estate industry executive in New York City. Since...
Atco Properties & Management, Co-President
555 Fifth Avenue, 16th floor, New York, NY, (212) 687-5154
Katherine Hemmerdinger-Goodman, or Kate Goodman, is a scion of the Hemmerdinger family that...
Atco Properties & Management, Chairman
555 Fifth Avenue, 16th floor, New York, NY, (212) 687-5154
H. Dale Hemmerdinger is the chairman of Atco Properties & Management, a family-run,...
Atco Properties & Management, Co-President
555 Fifth Avenue, 16th floor, New York, NY, 2126875154
Damon J. Hemmerdinger is a scion of the Hemmerdinger family that owns and...
Atco Properties & Management, President
555 Fifth Avenue, 16th floor, New York, NY, (212) 687-5154
John C. Cinosky is a real estate industry executive and broker. Since 1995,...
Atco Properties & Management, Senior Vice President
555 Fifth Avenue, 16th floor, New York, NY, (212) 687-5154
Neil Adamson is a real estate industry executive who specializes in project finance...
  • Event Financing
  • Address 240-246 West 35th Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 165,000
  • Price $ 71,000,000
  • Publication Date 02/01/2017
  • Event Date 12/18/2016
  • Party 1 ATCO Properties & Management
  • Party 2 Metlife
notes
The company secured a $71 million loan for the commercial and office properties.
  • Event Sales
  • Address 240-246 West 35th Street
  • Neighborhood Penn Plaza
  • Borough Manhattan
  • Square feet 165,000
  • Price $ 108,000,000
notes
The 18-story office property was sold for $108 million.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 4,747
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Jarad Winter
  • Party 2 Knowledgent Group
  • Party 2 Brokerage JLL
  • Party 2 Broker Chris Kraus
notes
The analytics company signed a lease on the 10th floor.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 4,617
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Jarad Winter
  • Party 2 Sepp Leaf Products
  • Party 2 Brokerage ATCO Properties & Management
  • Party 2 Broker Peter Goldich
notes
The metal leaf company renewed its lease.
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood Nomad
  • Borough Manhattan
  • Square feet 8,732
notes
The French bakery chain signed a 10-year lease on the 12th floor.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 16,267
notes
The creative company signed a 10-year lease.
  • Event Financing
  • Address 630 Third Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Price $ 70,000,000
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 ATCO Properties & Management
  • Party 2 Prudential Mortgage Capital Company
notes
The company secured a $70 million loan.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 2,527
  • Publication Date 01/01/2016
  • Event Date 11/17/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Peter Goldich
  • Party 2 Manhattan Total Health & Physical Medicine
  • Party 2 Brokerage RMD Realty
  • Party 2 Broker Robert Dalton
notes
The physical therapy center signed a lease.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 15,577
notes
The real estate investment services firm signed a 10-year renewal lease.
  • Event Office Leasing
  • Address 630 Third Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 8,286
  • Publication Date 01/01/2016
  • Event Date 11/17/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Paola Shaddow
  • Party 2 True North
notes
The digital advertising and media company signed a lease.
  • Event Retail Leasing
  • Address 381 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,521
  • Publication Date 01/01/2016
  • Event Date 11/17/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Jarad Winter
  • Party 2 Terrence Mahon
notes
The art restoration company signed a lease.
  • Event Retail Leasing
  • Address 381 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 1,249
  • Publication Date 01/01/2016
  • Event Date 11/17/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Peter Goldich
  • Party 2 George Schwarz
notes
The architect signed a lease for a portion of the ninth floor.
  • Event Office Leasing
  • Address 555 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,137
  • Price per foot $ 55.00
  • Publication Date 12/01/2015
  • Event Date 10/22/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker Jerry Suchman
  • Party 2 Beny Sofer
  • Party 2 Brokerage Douglas Elliman
  • Party 2 Broker Moshe Pinsky
notes
The jewelry designer and manufacturer signed a seven-year lease for part of the third floor.
  • Event Office Leasing
  • Address 555 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,137
  • Price per foot $ 55.00
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 2 Beny Sofer
  • Party 2 Brokerage Douglas Elliman
  • Party 2 Broker Moshe Pinsky
notes
The jewelry company signed a 7-year lease for part of the third floor.
  • Event Retail Leasing
  • Address 401 Sixth Avenue
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 4,800
notes
The retailer signed a lease.
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood NoMad
  • Borough Manhattan
  • Square feet 8,732
  • Price per foot $ 52.00
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker John Lord
  • Party 2 NeueHouse
  • Party 2 Brokerage Skylight Leasing
  • Party 2 Broker Elie Reiss
notes
The shared-office space provider signed a 10-year lease for its new global headquarters.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood NoMad
  • Borough Manhattan
  • Square feet 14,000
  • Price per foot $ 65.00
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage ATCO Properties & Management
  • Party 1 Broker John Lord
  • Party 2 Stephen B. Jacobs Group
  • Party 2 Brokerage ATCO Properties & Management
  • Party 2 Broker John Lord
notes
The architectural firm signed a renewal lease.
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 8,732
  • Publication Date 03/01/2015
  • Event Date 01/15/2015
  • Party 1 ATCO Properties & Management
  • Party 2 Advanced Focus
notes
The recruiting house signed a five-year extension lease to occupy a portion of the eighth floor. The reported asking price was $52 per square foot.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 913
notes
The tattoo-removal-services provider signed a four-year lease for part of the seventh floor.
  • Event Office Leasing
  • Address 381 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 913
notes
The tattoo-removal-services provider signed a four-year lease for part of the seventh floor.
  • Event Office Leasing
  • Address 555 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 10,153
  • Publication Date 03/01/2014
  • Event Date 01/20/2014
  • Party 1 ATCO Properties & Management
  • Party 1 Brokerage In-house
  • Party 2 Jewels by Star
  • Party 2 Brokerage Norman Bobrow & Company
  • Party 2 Broker Avi Ben-Ishay
notes
The jewelry designer and manufacturer signed a 15-year lease for part of the seventh floor.
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 8,732
notes
The market research firm signed a lease.
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 8,732
notes
The market research firm signed a lease.
  • Event Retail Leasing
  • Address 412 West 13th Street
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 2,007
notes
The jeweler signed a 10-year, four-month lease. The reported asking rent was $262 per square foot.
  • Event Office Leasing
  • Address 1359 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,071
notes
The financial firm signed a lease.
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