News: Brokerage

Anyword signs 4,924 s/f lease at ATCO Properties & Management’s 240 West 35th St.

New York, NY ATCO Properties & Management has arranged a lease for data-driven artificial intelligence (AI) copywriting platform. Anyword has signed a 4,924 s/f lease at 240 West 35th St., an 18-story, 165,000 s/f class A office building in the Garment District.

Anyword’s new space encompasses part of the 5th floor of the property, which is located between 7th and 8th Ave. The company – a content marketing company that uses natural language processing, machine learning and social graphs to match stories with users – formerly operated under the name Keywee. The relocation to 240 West 35th St. occurred in December 2022.

“We are delighted to add Anyword to our tenant roster at 240 West 35th St.,” said Kate Hemmerdinger Goodman, co-president at ATCO Properties & Management. “The building’s excellent light and views, and its location just two blocks from Penn Station, make it ideal for organizations in search of exceptional space that inspires their workforce.”

Colin Godwin and Todd Korren of Avison Young represented building ownership in the transaction, while Brandon Cooperstock of Savills represented Anyword. Asking rents were in the mid-$40s per s/f.

240 West 35th St. has a renovated lobby and common corridors, new elevators and restrooms, generous ceiling heights and exceptional light, air, and views. Major tenants at the property include Paris-based luxury goods company Diptyque; award-winning men’s fashion and eyewear designer Thom Browne; and leading foreign language school Spanish American Institute. The property is also home to Latin American restaurant Café Nunez and Irish pub Jack Doyle’s.

240 West 35th Street has a number of partial floor spaces available for lease that are already built-out and move-in ready, some are even furnished. There is also an opportunity at the property for an up to 40,000 s/f tenant to create a building within a building with a dedicated elevator.

MORE FROM Brokerage

AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue

Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,