Musician Billy Joel has chosen not to renew the lease at his 20th Century Cycles shop in Oyster Bay when it expires in late September, his rep confirms to PEOPLE. The rocker will also be auctioning off his personal motorcycle collection,

Billy Joel's Long Island motorcycle shop, 20th Century Cycles, is closing down after nearly 15 years, the Associated Press reports. Joel will be closing the Oyster Bay shop and auctioning off his collection later in the year due to the diagnosis of his brain disorder.

Century Cycles in Oyster Bay, Long Island, is closing with a sale of parts. The shop was a weekend destination for enthusiasts.