ATCO Properties Inks 10-Year Lease at 240 West 35th Street
Asking rents for the newly renovated property were $58 per square foot. Recently, 240 West 35th St. had its lobby and common corridors redone.
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.