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New York & Tri-State  + Midtown New York  + Office  | 

ATCO Secures Lease Renewals in Midtown, Midtown South

ATCO Properties & Management said that three of its current office tenants – SimpleBet, Electra Information Systems and All Nippon Airways – signed lease renewals in Midtown and Midtown South totaling 17,477 square feet. 

“Renewals from strong tenants like SimpleBet, Electra Information System and All Nippon Airways are a testament to the quality of our assets, as well as our hands-on management approach and steadfast commitment to our tenants,” said ATCO co-president Kate Hemmerdinger Goodman.   

In the largest transaction, Simplebet renewed its full-floor lease for 8,732 square feet at 373 Park Ave. South. Jamie Katcher and Henry Korzec of Raise Commercial Real Estate represented Simplebet, while building ownership was represented by Colliers’ Robert Tunis, Kyle Berlinsky and Joseph Mangiacotti.  

Directly adjacent at 381 Park Ave. South, Electra Information Systems recommitted to a 4,494-square-foot space for five years. Hemmerdinger Goodman represented building ownership in-house. No tenant brokers were involved. 

At 630 Third Ave., All Nippon Airways is relocating to 4,251 square feet for seven years. Newmark’s Brittany Silver and Jonathan Franzel represented ownership. JLL’s Dan Santagata and TJ Hochanadel represented the airline.

Pictured: 630 Third Ave.   


Inside The Story


About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).