240 West 35th Street.
NEW YORK CITY – ATCO Properties & Management has leased 4,332 square feet at 240 West 35th Street to fiscal watchdog group The Citizens Budget Commission in a 10-year lease. The Class A office property is situated in the Garment District, standing 18-stories tall and totaling 165,000 square feet.
The non-profit organization advocating for financial change to New York City and New York State government services will occupy the 3rd floor of the property, relocating from 2 Penn Plaza by year-end.
Our building at 240 West 35th Street South was an ideal location for this prominent nonprofit organization," said Kate Goodman, Co-President of ATCO, in a prepared statement.
Asking rents for the newly renovated property were $58 per square foot. Recently, 240 West 35th Street had its lobby and common corridors redone and new elevators and restrooms installed.
Tenants include Cablevision-owned media group Newsday; Paris-based luxury goods company Diptyque; office provider Knotel; fashion and eyewear designer Thom Browne; technology company Fidelus Technology; foreign language school Spanish American Institute; and bridal designer Reem Bridals. Fast-causal restaurant chain Café Metro and Latin American restaurant Café Nunez are also in the building.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
