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


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The top 10 NYC retail leases in January
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Barry Diller is now a majority investor in NeueHouse
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Barry Diller and Diane Von Furstenberg are the newest investors in co-working company NeueHouse. The power couple co-led a recent financing round in the company...

Israeli insurer takes stake in ATCO’s
240 West 35th St.
10/30/17
Israeli insurance giant Migdal Group bought a 49 percent stake in an 18-story Garment District office building owned by ATCO Properties & Management, the seller...

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ATCO closes on 240 W. 35th St. with $71M MetLife loan
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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...

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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...

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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...

John K Lord
ATCO’s John Lord shot wife to death, then killed himself: cops
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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...

NeueHouse opening global HQ near Madison Square Park
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Blesso buys Williamsburg site with 190K buildable sf for $33M
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ATCO’s 555 Fifth Ave. inks law firm for five more years
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ATCO Properties & Management is hanging onto a tenant at its 555 Fifth Avenue — insurance litigator Nicoletti Gonson Spinner LLP. The law firm moved into...

Hemmerdinger sued in building deal
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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...

New Atlas Park manager to focus on mid-level retailers
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Mall hopes to draw shoppers to central Queens
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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...
Peter Goldich
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...
Avi Itzikowitz
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...
Katherine Hemmerdinger-Goodman
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...
h-dale-hemmerdinger
H. Dale Hemmerdinger
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,...
Damon J. Hemmerdinger
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...
John C. Cinosky
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,...
Neil Adamson
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...
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • Event Retail Leasing
  • Address 401 Sixth Avenue
  • Neighborhood West Village
  • Borough Manhattan
  • Square feet 4,800
notes
The retailer signed a lease.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • 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.
For more info, click here
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 8,732
notes
The market research firm signed a lease.
For more info, click here
  • Event Office Leasing
  • Address 373 Park Avenue South
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 8,732
notes
The market research firm signed a lease.
For more info, click here
  • 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.
For more info, click here
  • Event Office Leasing
  • Address 1359 Broadway
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 4,071
  • Publication Date 03/01/2013
  • Event Date 01/20/2013
  • Party 1 W&H Properties
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Robert Silver, Anthony Sciacca, Neil Rubin
  • Party 2 Cambridge Mercantile Group
  • Party 2 Brokerage ATCO Properties & Management
  • Party 2 Broker Peter Goldich
notes
The financial firm signed a lease.
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