The Bowery: NYC's new retail space.

(Perry Ferrel, John Varvatos and Slash)

(Joan Jett- she still looks and sounds AMAZING)

I'm sure you've been hearing the buzz. The Bowery, the street once known for the best place to score a $25 hooker and a bag of blow is now home to some of the coolest designer stores on the planet- and peeps aren't so excited about it.  Just last month John Varvatos hosted an opening party at the old CBGBs- but here's the thing- that's actually their space now. For those die hard music fans, that bit of news was hard to swallow. I mean, how can the home of punk music and New York's underground be a place where $400 cashmere sweaters are being sold?? Varvatos DID do a good job preserving the original facade, so I'm not so offended by it (in fact I love it),  but would love to hear you all think...