161 Bowery Storefront Now Asking $18k in Rent

Posted on: December 16th, 2013 at 6:01 am by
Rent the store for $18k per month

Rent the store for $18k per month

More musical chairs in the Bowery lighting district could yield another bar situation.

The European Crystal Chandelier store on the Bowery had been threatening closure for a year. Signage affixed to the awning mention a closing period of seven days that stretched long after its promise. That day finally arrived last month, and the business consolidated a couple doors north at 165 Bowery.

Obviously the move from 161 Bowery opens up a rather large footprint for a new endeavor. And at a gouging $18,000 per month in rent, there’s really only one type of business that could open here. What else but nightlife? According to the real estate listing, published by Loopnet, both the ground and basement levels (combined 4,200 square-feet) are for rent at tiered pricing: $75/square-foot up top, $25/square-foot down below. The future occupant also has the option to lease the rather large ad space on the northeast side of the building (facing Delancey).

Best guess on what will open here?

Recent Stories

159stanton-croman
Breaking: Vacate Orders Issued at Steve Croman’s 159 Stanton Street

Embattled tenants of Steve Croman’s 159 Stanton Street face another immediate danger today. Department of Buildings inspectors showed up this morning and issued vacate orders on two of the unit, reportedly displacing tenants. Nothing is filed on the city database yet. The directives are likely related to the perilous conditions created while upscaling this tenement. […]

naval-militia
Did You Know that NYC has its Own Naval Militia? [HISTORY]

Ever heard of the New York Naval Militia? I hadn’t, but now that I have, why not share? From their website: The New York Naval Militia was organized as a Provisional Naval Battalion in 1889 and was formally mustered into State service as the First Battalion, Naval Reserve Artillery, on 23 June 1891. Today, the New […]

zings-awesome-rice-closed
‘Zing’s Awesome Rice’ Closes Hell Square Snack Spot

Zing’s Awesome Rice hasn’t been open of late. Looks like its fifteen-month reign in Hell Square just concluded. Indeed, all signs point to a permanent shutter – consecutive days of darkness, Yelp saying it’s closed, website disconnected, and no updates to social media. Most telling, however, is the disconnected phone line. Proprietor Zing Bai opened […]

seward-park-balcony-2
Partial Balcony Collapse in Seward Park Co-op Rains Concrete on Pathway Below

There was a bit of a scare at the Seward Park Co-ops on Wednesday afternoon. Apparently, a partial balcony collapse on the seventeenth floor of 212 East Broadway resulted in concrete tumbling to the pathway below. We’re told that there were no injuries and no one was displaced. One Seward Park resident named Ira sent […]

ost-cafe
After Departing Alphabet City, Ost Cafe Doubles Down on Grand Street

Come Sunday, Ost Cafe will be down one. High rents forced the cafe to shutter its Alphabet City shop after more than eight years in business. In a snarky letter to its faithful, ownership accused the city of “forgetting” about small businesses, and “cheering from the sidelines for more, bigger, taller, and pocketing the tax […]