While a few of our favorite NYC shops sank like rocks this year, some have taken the next step to keep their heads above the rushing waters. Two of our favorite NYC shop owners, Louis Terline and Jeff Madalena of OAK, have done just that with the launch of their new basement store A.OK, a collection of playful summer jaunts at what we term, "vacation prices." Using their style wizardry to source new designer pieces along side selected vintage and their own economically smart styles, prices range from cheap to a step above for those on a sliding scale budget. We scored a few gems last week and even recognized some featured FADER favorites like Warriors of Radness and Alexandra Cassaniti who are singing the fashion anthem to our surf-themed style parade at the moment—scissors, over-sized tee, snip and voila! we naked on our bellies—and to score on a score, OAK is throwing a launch party tonight at Don Hill's with FADER 59's Lauren Flax and others. Peep the invite after the jump.