ATCO Properties & Management is giving 381 Park Avenue South a fresh coat of polish.
M.O.C. MODE, Inc., an exclusive nail salon specializing in acrylic nail designs, has signed a 425 s/f lease comprising a portion of the 1st floor at the 17-story art deco property, located on the Southeast corner of 27th Street.
“We are pleased to welcome M.O.C. MODE, Inc. to our building, whose salon will make a strong addition to our diverse offerings in Midtown South,” said Kate Goodman, co-president of ATCO, who noted that 38,947 s/f are currently available for lease at the property.
John K. Lord of ATCO Brokerage Services represented the property owner/manager, ATCO Properties & Management, while Camille Abenanty of A.C. Lawrence Commercial Services represented the tenant in the transaction. Asking rents in the building are $55 per square foot.
The 210,000 s/f 381 Park Avenue South is located steps from Madison Square Park and several subway lines, including the N, R, Q and 6 trains. It is 98% occupied by other tenants including Stephen B. Jacobs Group, Besen Associates, and Travel Planners.
The building is also home to famed bakery and restaurant Sarabeth’s Kitchen, which opened in 2012.