ATCO Properties & Management announced that specialty café Sip and Co. has signed a 10-year lease on the ground floor at 41 West 58th Street, an 11-story luxury residential building situated just steps from Central Park.
Founded by Chin Mong the owner of Brightbox Consulting and Jeremy Torres who he frequently collaborated with at the firm, Sip and Co. serves artisanal coffee, sandwiches, and desserts. The new 725 s/f café features indoor dining as well as takeout options.
Brightbox Consulting focuses on consulting new cafes and coffee shops throughout the New York City area. In addition to launching Sip and Co., Chin also owns High Low Beverage Company in Brooklyn’s Bushwick neighborhood, an all-day bar that specializes in craft beer, locally-roasted coffee, natural wine, cocktails, and Vietnamese-influenced pastries and snacks.
“We want to bring the neighborhood the best specialty coffee, genuine hospitality, and a simple seasonal classic menu, from the New York staple salmon lox to the trendy healthy offering such as avocado toast,” Mong said. “The main reason why we choose this location is that it is located right underneath one of the most historical resident buildings at Central Park South. Also, it is surrounded by many iconic hotels, landmarks, restaurants, and companies, like Carnegie Hall, Park Lane Hotel, Apple Store, and Bergdorf Goodman.”
Kate Goodman, co-president at ATCO Properties & Management, added: “Sip and Co. is a terrific amenity for the community as well as our residents at 41 West 58th Street. The café will benefit from shopper traffic on Fifth Avenue and the office population on Sixth Avenue as the city reopens and people begin returning to work.”
Sip and Co. was represented by Aldona Dabrowska of Oxford Property Group in the transaction. William Carr and John Cinosky Atco Brokerage Services represented building ownership in house.