As you probably know, Other Music closed its doors for good at the end of the business day on Saturday.
Leading up to the close last week, the landlord placed a small "for rent" sign on the storefront here at 15 E. Fourth St. between Lafayette and Broadway...
According to the listing at Winick Real Estate:
• Prime Noho storefront with tremendous frontage/visibility and outstanding co-tenancy
• Incredible & Rare Flagpole Signage Opportunity
• Soaring 15’8” Ceilings
• No Food/Cooking Uses Accepted
And the listing includes a fairly soulless rendering of the storefront's potential...
There isn't any mention of the asking rent.
Other Music's owners have cited rising rents and the changing face of the music industry as reasons behind the closure. According to The New York Times, the rent has more than doubled from the $6,000 a month the store paid in 1995 while its annual share of the building’s property tax bill has also increased.
Meanwhile, there's still one more in-store event ... 75 Dollar Bill performs here tomorrow at 5:30 p.m. leading up to the sold-out farewell concert at Bowery Ballroom.
And what's going to happen with the rest of the music? Here's how it looked yesterday morning...
great spot for a record store.
Incredible and rare flagpole signage opportunity. In English the word "incredible" means impossible, or at least difficult to believe. Either I am missing something, or it's a case of real estate people abusing the English language once again.
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