Levy, Sonet & Siegel, LLP, a boutique New York-based law firm, has signed a three-year lease renewal at ATCO Properties & Management’s 630 Third Avenue in Midtown East.
The lease encompasses 5,305 square feet on the entire top floor at the 23-story, 230,000 square-foot boutique office building, which is located on the southeast corner of East 41st Street. The firm, which has been in the building since 1989, will remain until 2019.
“Levy, Sonet & Siegel has been our tenant for nearly three decades and we are delighted that they have recommitted to 630 Third Avenue,” said Kate Goodman, Co-President at ATCO, noting that the building benefits from close proximity to Grand Central Terminal, the United Nations and several major subway lines. Currently, only 5,506 square feet of space remains available for lease at the property.
ATCO Brokerage Services represented building ownership in-house and the tenant in the transaction. Asking rent was $65 per square foot.
In addition to Levy, Sonet & Siegel LLP, 630 Third Avenue is home to a prestigious tenant roster that includes Sard Verbinnen & Co., Cox Padmore Skolnik & Shakarchy Inc., Private Label Manufacturers Association, Commonwealth Land Title and Kraft & Kennedy.
A LEED-EBOM Silver certified office building, 630 Third Avenue features a newly-designed lobby, new windows, new elevators, state-of-the-art security cameras, upgraded mechanical systems and a 24-hour security staff.
For more information on ATCO, please contact www.630thirdavenue.com and/or www.atco555.com.
About ATCO
ATCO is a real estate investment and ownership platform deploying capital in select cities across the United States, with a particular emphasis on value-add opportunities.ATCO is currently deploying capital through a joint venture program with family offices and other private capital, focused on urban office and retail properties.Target markets include the Central Business Districts of Austin, Nashville, Charlotte, and Raleigh-Durham-Chapel Hill, and the metro New York area.
For over eight decades, ATCO has owned, managed, and developed a diverse real estate portfolio, primarily in and around New York City, and provided a range of services to other real estate owners. The company is in its fourth generation of family ownership, and ATCO presently owns and manages more than 20 buildings ranging from high-rise office and residential towers to retail properties, from one-story industrial structures to high tech flex buildings. The portfolio of New York City properties includes: 555 Fifth Avenue, 40 Central Park South, 41 West 58th Street, 630 Third Avenue, 381 and 373 Park Avenue South, 515 Madison Avenue and the Atlas Terminals. Nationally, the company owns properties in Austin, Texas; Chapel Hill, North Carolina; Indianapolis, Indiana; Darien, Stamford and Westport, Connecticut; Baltimore, Maryland; and Orlando, Florida. Internationally, ATCO has investments in seven European countries.
