Oggi Lighting

Trio of Bowery Lighting District Buildings Sells for $24M

Posted June 16, 2017 at 5:14 am

Seven months after a slate of Bowery buildings first hit the market, a buyer just emerged. The family of Bowery landlord David A. Cohen sold 162-166 Bowery to investor Ari Zagdanski (Kinsmen Property Group) for $23.5 million, which is $6.5 million under the initial asking price. The deal reportedly went through this week, thus ending […]

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Streets

3 Buildings on the ‘Tidal Wave that is the Bowery’ Hit the Market for $30M

Last modified November 15, 2016 at 11:20 am

Grab a life jacket and brace yourselves for the cresting tidal wave. Everywhere you look on the Bowery it’s development… When Oggi Lighting shut its lights for the last time back in April, we had a premonition that something bad would happen here. After all, 162-166 Bowery is a low-rise strip of mixed-use buildings with […]

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Streets

It’s Lights Out for ‘Oggi Lighting’ Longtimer on the Bowery

Posted April 19, 2016 at 5:10 am

It’s lights out for another Bowery stalwart. Oggi Lighting at the southwest corner of Kenmare Street is going out of business. The loss marks another blow to the lighting district, which has been hemorrhaging business for years. A large yellow sign in the window of 166 Bowery announces the forthcoming closure and requisite clearance sale. […]

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Streets