"WE TAKE THE LEGACY OF OUR FOUNDERS VERY SERIOUSLY. OUR LONG-TERM OUTLOOK HAS HELPED US DEVELOP A 360-DEGREE PERSPECTIVE ON REAL ESTATE ACQUISITION, OWNERSHIP, AND OPERATION"
- KATE HEMMERDINGER-GOODMAN, CO-PRESIDENT
ATCO’s history traces back to 1922, when Henry Hemmerdinger purchased a mill and farm in central Queens to accommodate his expanding rag-business. From 22 acres of undeveloped land, factories and warehouses sprouted, becoming home to 5,000 workers and more than 60 businesses. The Hemmerdinger family’s fate as a leader in real estate and property management was sealed. Monroe Hemmerdinger sold his father’s waste business, and held onto the land as he transitioned to
developing commercial real estate in Manhattan and nationwide. His son and current ATCO Chairman, Dale, added six service divisions to the company’s ownership role. Today, a new generation of Hemmerdingers, Damon and Kate, have transformed ATCO into an investment manager; capitalizing on its nearly 100 years of property and asset management experience to provide highly differentiated experiences to its clients and attractive returns to its partners.