158 Bowery

$50M Ground Lease for Lighting by Gregory Property on the Bowery

Last modified September 15, 2020 at 8:49 am

The Bowery lighting district is again in the spotlight due to real estate speculation. Something big is coming. Word came down the pike this week that Real Estate Equities Corp. signed a 100-year ground lease on the assemblage of 156-166 Bowery, the spot occupied until two years ago by Lighting by Gregory. Property records show […]

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‘Lighting by Gregory’ Buildings on the Bowery Sell for $30M

Posted November 26, 2018 at 5:00 am

Lighting by Gregory shuttered its decades-old Bowery store in mid-October. Now we know why. The founding father of the lighting showroom – also the landlord – ultimately decided to cash out. Building owner Joel Horowitz, who’s owned the three-parcel property between Broome and Kenmare since the 1980s, sold the mid-block assemblage for a hefty sum […]

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The Bowery Lighting District Just Lost its Biggest Store, Lighting by Gregory

Posted October 22, 2018 at 5:00 am

The Bowery Lighting District is reeling after losing its biggest store. Lighting by Gregory – located between Kenmare and Broome Streets for decades – faded from the landscape last week. The business shuttered, leaving behind multiple storefronts at 156-158 Bowery for the take. Apparently the company is in the throes of Bankruptcy filing, and the […]

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Streets