AI Tech Platform Signs 5,000 SQFT Lease At ATCO’s 240 W. 35th

ATCO Properties & Management announced today that data-driven artificial intelligence (AI) copywriting platform Anyword has signed a 4,924-square-foot lease at 240 West 35th Street, an 18-story, 165,000-square-foot 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 Avenues. 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 Street occurred in December 2022.

“We are delighted to add Anyword to our tenant roster at 240 West 35th Street,” 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 square foot.

240 West 35th Street boasts 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-square-foot tenant to create a building within a building with a dedicated elevator.

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 creating value through placemaking and other strategies in urban locations. ATCO seeks to improve people’s lives by creating places where they genuinely want to work, play, or live, and by doing our work with a long-term perspective.

Through eight decades and four generations, ATCO has owned, managed, and developed a diverse real estate portfolio, primarily in and around New York City and also in select markets we target.  ATCO presently owns and manages more than 25 buildings ranging from high-rise office and residential towers to retail properties, from one-story industrial structures to a mixed-use former military base. 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 240 West 35th. Nationally, the company owns properties in Austin, Texas; Darien and Westport, Connecticut. Internationally, ATCO has investments in seven European countries.