The story of the sale of a bookstore heiress’s penthouse seems to have ended on a bittersweet note.Stephanie Riggio Bulger, whose father, Len Riggio, is the former chairman of the Barnes & Noble retail chain, has finally found a taker for her four-bedroom duplex condo in Chelsea after two years of marketing it, according to a deed that appeared Wednesday in the city register.But the closing price of $10.5 million is far below the $20 million Bulger and her husband, Mike, sought in 2022, when they first listed the unit, a 3,800-square-foot spread at 455 W. 20th St. on the campus of the General Theological Seminary.In fact, the price represents an almost 15% loss relative to the $12.2 million the couple paid for the penthouse in 2014, when they bought it from the condo’s sponsor, the developer The Brodsky Organization.With four baths, a 615-square-foot great room with southern views and a fireplace, and 900 square feet of terraces, the apartment appears well appointed. But the unit came to market the same year the Federal Reserve began raising interest rates in a bid to curb inflation, which had the effect of elevating mortgage costs and chilling the housing market.The buyer, who used a shell company, 445 West 20th Street PH LLC, paid in cash for the unit, which went into contract July 3 and closed Aug. 15, according to the register. Representing the buyer was attorney James Kennedy, a partner at the firm Wilk Auslander, who did not return an email for comment. And... Continue reading at 'Crains New York'
[ Crains New York | 2024-08-22 15:41:31 UTC ]
Change seems to come naturally to some areas. Gentrifying post-industrial swaths of Brooklyn and Queens, perhaps, are used to blocks that morph in quick time.But differences may be harder to swallow in more established neighborhoods, such as the Upper West Side, where the enclave along Broadway... Continue reading at Crains New York
[ Crains New York | 2025-03-27 10:03:09 UTC ]
More news stories like this
Law firms Arnold & Itkin LLP and Kline & Specter PC announced that the penalties awarded include $65 million in compensatory damages and $2 billion in punitive damages. A jury in Georgia has ordered Monsanto parent Bayer to pay nearly $2.1 billion in damages to a man who says the... Continue reading at Fast Company
[ Fast Company | 2025-03-24 12:58:35 UTC ]
More news stories like this
The most popular bookstore in the world, an aspirational lifetime reading plan, and more of the day's top book news. Continue reading at Book Riot
[ Book Riot | 2025-03-18 18:30:00 UTC ]
More news stories like this
In “Changing My Mind,” the novelist Julian Barnes presents an argument for the joys of flexibility. Continue reading at The New York Times
[ The New York Times | 2025-03-18 09:00:55 UTC ]
More news stories like this
In a new book, the novelist Julian Barnes doubts that we can ever really overcome our fixed beliefs. He should keep an open mind. Continue reading at The Atlantic
[ The Atlantic | 2025-03-17 12:30:00 UTC ]
More news stories like this
Union employees at Greenlight Bookstore in Brooklyn have ratified a new contract that guarantees annual pay raises and provides more benefits that are designed to reduce turnover and reward skills developed on the job. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-03-14 04:00:00 UTC ]
More news stories like this
Albert Barnes believed in the liberating power of art—but you had to look at it his way. Continue reading at The Atlantic
[ The Atlantic | 2025-03-12 16:00:00 UTC ]
More news stories like this
Revenue rose 2.1% in the third quarter at B&NE, with the college bookstore turning a net loss last year into a profit in the most recent period. Still, long term profitability remains elusive. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-03-12 04:00:00 UTC ]
More news stories like this
Read with Jenna selects the latest novel by Laila Lalami, Barnes & Noble and Reese Witherspoon both highlight Clare Leslie Hall's U.S. debut, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-03-10 04:00:00 UTC ]
More news stories like this
March Madness, book-nerd style. Plus: a new documentary for grammar geeks, Barnes & Noble employees ratify union deal, and more. Continue reading at Book Riot
[ Book Riot | 2025-03-07 16:00:00 UTC ]
More news stories like this
The young woman—young, though nearly forty—stood with her head bent slightly toward the window of McNally Jackson bookstore on Prince Street. She had stopped mid-stride, was on her way somewhere—was, in fact, late—and to see her father’s image in a bookstore window was not anymore such a new... Continue reading at Literrary Hub
[ Literrary Hub | 2025-03-03 09:18:50 UTC ]
More news stories like this
On July 30th, 2024, East Bay Booksellers in Oakland, California was completely destroyed by a fire. The bookstore (previously DIESEL, a Bookstore) had been in that location for thirty years. In the months that followed, its owner, Brad Johnson, began keeping a journal of thoughts. What follows... Continue reading at Literrary Hub
[ Literrary Hub | 2025-02-26 13:46:45 UTC ]
More news stories like this
Andrea Barrett on why writing fresh historical fiction means more than cosplaying the past. | Lit Hub Craft Bookstore owner Brad Johnson reflects on the total destruction, by fire, of East Bay Booksellers (and its rebirth!). | Lit Hub Bookstores Michael Hiltzik on how California made Ronald... Continue reading at Literrary Hub
[ Literrary Hub | 2025-02-26 11:30:54 UTC ]
More news stories like this
Tuesday’s top sessions include a keynote address on current business models and future prospects in academic and professional publishing, a conversation between Hachette’s David Shelley and Barnes & Noble’s James Daunt, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-02-21 05:00:00 UTC ]
More news stories like this
Matthew Teller, whose books include Nine Quarters of Jerusalem, said the society’s response to the event which saw two leading booksellers detained was ‘an abject failure’A writer has left the Society of Authors (SoA) in protest after the UK’s largest writers’ body made a statement on a recent... Continue reading at The Guardian
[ The Guardian | 2025-02-20 17:34:09 UTC ]
More news stories like this
Edward Underhill didn’t plan on having his debut adult fiction book, The In-Between Bookstore, featuring a trans main character, come out six days before the Trump inauguration, but it’s kind of perfect timing. Especially since the book features a time slip, where Darby Madden meets his younger... Continue reading at Electric Literature
[ Electric Literature | 2025-02-17 12:00:00 UTC ]
More news stories like this