{"id":39370,"date":"2024-08-02T06:59:42","date_gmt":"2024-08-02T03:59:42","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=39370"},"modified":"2025-03-25T16:08:15","modified_gmt":"2025-03-25T13:08:15","slug":"atco-double-lease-deals-555-fifth","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/atco-double-lease-deals-555-fifth\/","title":{"rendered":"ATCO Locks Down 2 Lease Renewals at Midtown Office"},"content":{"rendered":"

ATCO Properties & Management\u00a0has sealed two renewals at 555 Fifth Ave. as existing tenants Telsey Advisory Group (TAG)\u00a0and\u00a0Maritime Capital LLC committed to the 257,000-square-foot property in the heart of Midtown. Both firms have been part of the building\u2019s tenant roster since 2017, according to the landlord.<\/p>\n

TAG\u00a0\u2014 a leading equity research, trade execution, investment banking and consulting firm \u2014 will continue to occupy roughly \u200b\u200b6,830 square feet on the property\u2019s seventh floor. Maritime Capital\u00a0\u2014 an\u00a0investment management services firm that offers financial planning, consulting and investment advisory services \u2014 has a slightly smaller footprint within the property, occupying 6,031 square feet on the ninth floor.<\/p>\n

\u201cWhen strong tenants such as Telsey Advisory Group and Maritime Capital reaffirm their commitment to our building, it\u2019s a testament to our dedication to providing exceptional spaces and services,\u201d said\u00a0Kate Hemmerdinger Goodman, co-president, ATCO Properties & Management.\u00a0\u201cWith a prime Midtown location, we are thrilled that 555 Fifth Avenue meets both of their needs, and we look forward to many more years of partnership and growth together.\u201d<\/p>\n

Hemmerdinger Goodman brokered the deal in-house on behalf of ATCO. No brokers were involved in negotiations on the tenants\u2019 sides.<\/p>\n

While information regarding the length of these renewals remains undisclosed, the landlord has revealed that the asking rent price in the building was around $63 per square foot<\/a>.<\/p>\n

Occupying the southeast corner of East 46th Street, 555 Fifth Ave. offers a coveted mix of commercial space just steps from Grand Central Terminal. The 20-story building is also within walking distance of Bryant Park, the New York Public Library, Rockefeller Center and the heart of Fifth Avenue shopping. Constructed in 1955, it offers modern amenities, including green terraces, energy-efficient design, upgraded elevators and an intelligent HVAC system.<\/p>\n

The building\u2019s tenant roster includes the likes of law firm Nicoletti Spinner Ryan Gulino Pinter \u2014 which recently renewed its lease for a 12,497-square-foot space on the eighth floor \u2014 as well as jewelry companies like Kiran Gems and Andrew Fabrikant & Sons, all of which signed deals in November 2023.<\/p>\n

Looking for office space for rent in Manhattan or other top markets? Select any of the locations linked below or visit the\u00a0<\/em>CommercialCafe.com<\/em><\/a>\u00a0homepage to start your search!<\/em><\/p>\n\n\n\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
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ATCO Properties & Management\u00a0has sealed two renewals at 555 Fifth Ave. as existing tenants Telsey Advisory Group (TAG)\u00a0and\u00a0Maritime Capital LLC committed to the 257,000-square-foot property in the heart of Midtown. Both firms have been part of the building\u2019s tenant roster since 2017, according to the landlord.<\/p>\n","protected":false},"author":56,"featured_media":39372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,38,4014,39],"tags":[],"class_list":["post-39370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"\nATCO Locks Down 2 Lease Renewals at Midtown Office - CommercialCafe<\/title>\n<meta name=\"description\" content=\"ATCO has sealed two renewals at 555 Fifth Ave. as existing tenants Telsey Advisory Group (TAG)\u00a0and\u00a0Maritime Capital LLC committed to...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/atco-double-lease-deals-555-fifth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ATCO Locks Down 2 Lease Renewals at Midtown Office\" \/>\n<meta property=\"og:description\" content=\"ATCO has sealed two renewals at 555 Fifth Ave. as existing tenants Telsey Advisory Group (TAG)\u00a0and\u00a0Maritime Capital LLC committed to...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/atco-double-lease-deals-555-fifth\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-02T03:59:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-25T13:08:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2024\/08\/Manhattan-Fifth-Avenue.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1980\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Sabau\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Diana Sabau\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/atco-double-lease-deals-555-fifth\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/atco-double-lease-deals-555-fifth\/\",\"name\":\"ATCO Locks Down 2 Lease Renewals at Midtown Office - 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