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

Photo: Splitsville Bowling
‘Splitsville’ Luxury Lanes Confirmed as Essex Crossing Bowling Alley in Site 1

A subterranean bowling alley is coming to Site 1 of Essex Crossing. That much has been known for years. But the identity of the establishment is not Bowlmor, as previously believed. Instead, it’s a “boutique” affair by retro-style bowling brand Splitsville Luxury Lanes. According to the scoop in the Daily News, Splitsville will occupy 17,000 […]

conbody-workout
Prison Cell Bootcamp Studio ‘ConBody’ Debuts at 38 Delancey Street

This cleaned-up con artist sure has a workout for you. Coss Marte – a former drug dealer who served four years of a seven-year sentence – returned to his native Lower East Side to open a new workout studio. CossAthletics debuted a couple months ago inside the condoplex at 38 Delancey Street (2nd floor) and immediately […]

crg-gallery-chrystie
Chelsea’s CRG Gallery is Moving to Chrystie Street Next Fall

It’s a total cliche at this point. Small Chelsea gallery wooed by the Lower East Side packs up the showroom and moves. This narrative has been repeated time and again the last decade. The latest art house to hop onto this proverbial bandwagon – CRG Gallery. CRG Gallery will soon reopen in 195 Chrystie Street. […]

Lou Reed
Talking CBGB, Punk, and Warhol with Photographer Bobby Grossman [INTERVIEW]

Most of my friends know that I’m a New York City history freak. I’ll probably annoy you when I walk down the street telling you the history of some random tenement on the corner of some random street in the LES. Lately, though, I’ve found myself reading numerous books on the 60s/70s/80s NYC music scene, […]

Photo: NYC Municipal Archives
On the Ground 7 Years Before the Essex Street Market Became a Reality [PHOTOS]

In the coming years, each of the Essex Street Market buildings will fall to accommodate the new Essex Crossing mega-project. The facility was built seventy-five years ago to move the plethora of pushcarts indoors. The archival photo is dated sometime in 1933, seven years before the one-story commercial buildings were constructed by order of Mayor LaGuardia. […]