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

new-territories-2
‘New Territories’ Dessert Shop ups the Ice Cream Game in Hell Square

Another built-for-instagram sweets shop just hit the Lower East Side. And it’s apparently the hottest new shop in Hell. Square, that is. New Territories sold out of product upon its opening Sunday night at 190 Orchard Street. They won’t be back for your dollar until tomorrow, according to a sign on the closed gate. Owned and […]

Rendering composite of Ben Shaoul and 196 Orchard St, Photo: Real Deal
Big Real Estate Plots Area Domination with ‘LES is More’ Summit at the Sunshine Cinema

“L.E.S. is more.” This cringeworthy slogan, a played-out play-on-words, has long been co-opted by the real estate industry in order to sell the Lower East Side. Closer to home, the Lower East Side Partnership, whose singular mission is to increase property values for the area stakeholders, also employs the phrase.  Now, big real estate is holding […]

Swapping out the goods, Photo: Two Bridges Tower
Busted Exercise Equipment on East River Esplanade Finally Replaced by the City

It just wasn’t built to last, and now, reinforcements… Replacements for the heavily-used exercise equipment near the mouth of Pier 35 are finally here. Parks Department workers were spotted installing the new machines yesterday afternoon, much to the delight of locals. Indeed, it’s been a long time coming. Pretty much since debut in February 2015, […]

yep-tour-pike-1
Yep Tour Chinatown Buses Seized, Forced to Pay $15K in Fines

Opposition continues to mount in the ongoing battle against illegally operating intercity buses. Back in November, the CB3 Transportation subcommittee denied Yep Tour a permit to operate on Pike Street and East Broadway, as it would set a dangerous precedent for other unchecked bus companies. The motion to deny carried, though Yep Tour nevertheless stayed classy in admitting […]

fat radish open
The Fat Radish Changes it up with New Lunch Concept and Pintail Coffee

Change is afoot in the Fat Radish empire. The modern British eatery at 17 Orchard Street is set to dish out a new “lunch concept,” and duly welcomes executive chef Nick Wilber back into the fold, to work alongside head chef Jared Dowling. Owners Ben Towill and Phil Winser had previously relocated Wilber to their Upper East Side […]