Lord of ATCO leases 425 s/f to M.O.C. MODE

M.O.C. MODE, Inc., a 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 at ATCO Properties & Management's 381 Park Ave. South. "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 notes that 38,947 s/f are currently available for lease at the property. John Lord of ATCO brokerage services represented the property owner/manager, ATCO, while Camille Abenanty of A.C. Lawrence Commercial Services represented the tenant. Asking rents in the building are $55 per s/f. 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.