Mariana Gruia, Resident & Leasing Coordinator
ATCO Advisory Services provides consulting services to clients in two fields.
First, they offer full-service solutions to lenders and receivers with distressed commercial real estate assets. The company's longevity in the market and in-house expertise offer a unique combination of resources to evaluate a client's asset management strategy. Providing both strategic advice and on-the-ground support helps borrowers avoid foreclosure; astute property management of REO on their behalf (or on behalf of their receivers) is an added benefit. The advisory services not only supplies clients with expertise in these core areas, but also offers the special skills required to add real property value including specialty lease revenue, NYC permitting, and marketing and communications.
In addition, ATCO Advisory Services offers assistance navigating New York State’s complex Brownfield Cleanup Program. ATCO coordinates the public participation process by guiding and managing engineering and legal professionals to ensure that they stay on a developer’s timeframe. The company has completed two award-winning cleanups in the NYS Brownfield Cleanup Program, one of which was designated a Significant Threat Site by NYSDEC, and has secured admission into the program for a third time. ATCO is fully conversant in the legal nuances, technical factors, and the state and local politics involved with remediation of brownfields.