A chapter ends as a Barnes & Noble heiress takes a loss on her Chelsea penthouse

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 ]

Other news stories related to: "A chapter ends as a Barnes & Noble heiress takes a loss on her Chelsea penthouse"


This unique bookstore and ranch needs a new owner (with $1.52 million to spare).

I have a terrible habit of going on the internet and looking at properties I can’t afford. (A hobby many of my fellow millennials share, I’m sure.) From my cramped Brooklyn apartment with pots of spaghetti piled haphazardly in the kitchen, I like to criticize the design choices of millionaires... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-28 19:45:49 UTC ]
More news stories like this


Win Books for Life from Bookshop.org

To mark its second anniversary, Bookshop.org, has started what it is calling the Golden Bookmark Sweepstakes, which will award one person $600 in Bookshop.org gift cards each year for life, as well as a one-time prize of $500 to donate to a bookstore of their choice. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-28 05:00:00 UTC ]
More news stories like this


‘The Paris Bookseller’ honors the American woman who published ‘Ulysses’

Kerri Maher’s novel “The Paris Bookseller” celebrates the life of American Sylvia Beach, a bookstore owner who saw promise in James Joyce’s “Ulysses.” Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2022-01-11 20:01:10 UTC ]
More news stories like this


The Raven Book Store Owner Sells Large Stake in Store to Seven Employees

Danny Caine, the owner of the Raven Book Store in Lawrence, Kans., has sold a 49% stake in the 35-year-old bookstore to a group of seven employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-04 05:00:00 UTC ]
More news stories like this


Tech that can help you stick to your New Year’s resolutions

Regardless of how 2021 went for you, 2022 is another chance for all of us to make the new year better than those that came before it. We set New Year’s resolutions with the best of intentions, but it’s no wonder that so many people fail after just a few weeks – old habits die hard. Just as it’s... Continue reading at Engadget

[ Engadget | 2022-01-01 14:34:42 UTC ]
More news stories like this


A Bookstore Trolls Amazon With Reworked Holiday Songs and ‘Dystopian’ Window Displays

Independent book shop McNally Jackson staged a public protest with a melodic twist in New York this week, reworking classic seasonal songs and sending carolers to perform in front of the Amazon four-star store in the SoHo neighborhood. The newly written lyrics, from agency DCX Growth... Continue reading at AdWeek

[ AdWeek | 2021-12-23 20:20:41 UTC ]
More news stories like this


Politics and Prose employees moved to unionize—then the store owners hired an anti-union law firm.

DCist reports that workers at DC’s indie bookstore Politics and Prose have decided to unionize, joining a growing list of bookstores (and other workplaces) that have unionized this year. If they do unionize, they’ll become the only bookstore in DC with a unionized workforce. But Politics and... Continue reading at Literrary Hub

[ Literrary Hub | 2021-12-17 16:47:07 UTC ]
More news stories like this


Bookselling Spotlight: Zenith Bookstore

Zenith Bookstore sells both new and used books, and has become a community hub in a part of the city where residents never expected to have a bookstore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-03 05:00:00 UTC ]
More news stories like this


How to Reframe the Strangeness of The Plague as Sci-Fi Noir

In the early 2010s I lived near a bookstore called KAYO Books, in an area of San Francisco sometimes called Tenderloin Heights. They stocked an incredible array of pulp and genre fiction: two dizzying floors of detective fiction, mysteries, westerns, schlocky movie and TV tie-ins, and erotica.... Continue reading at Literrary Hub

[ Literrary Hub | 2021-11-24 09:55:50 UTC ]
More news stories like this


Book Review: ‘These Precious Days,’ by Ann Patchett

In her essay collection “These Precious Days,” the novelist and bookstore owner explores friendship, marriage and mortality. Continue reading at The New York Times

[ The New York Times | 2021-11-19 15:41:34 UTC ]
More news stories like this


WATCH: Tracy K. Smith and David Lehman Celebrate The Best American Poetry 2021

Founded in October 2009 by Rebecca Fitting and Jessica Stockton Bagnulo, Greenlight Bookstore is an independent bookstore in Brooklyn, New York. Combining the best traditions of the neighborhood bookstore with carefully curated, community-minded events, Greenlight has earned a reputation as a... Continue reading at Literrary Hub

[ Literrary Hub | 2021-11-11 09:49:39 UTC ]
More news stories like this


Greenlight Bookstore Co-Owner Rebecca Fitting Steps Back

Rebecca Fitting, co-owner of Brooklyn’s Greenlight Bookstore, is leaving the store she cofounded with Jessica Stockton-Bagnulo 12 years ago, and has sold her stake in the business to Stockton-Bagnulo. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-29 04:00:00 UTC ]
More news stories like this


A Library Chicken, WonTon the Bookstore Cat, and Literacy Funding: Your Weekly Dose of Good Bookish News

Here are the best bookish things that happened this week, from library chickens to literacy funding and, of course, WonTon the bookstore cat. Continue reading at Book Riot

[ Book Riot | 2021-10-22 10:42:00 UTC ]
More news stories like this


How Do You Find a Book When You Can’t Remember the Title or the Author?

Anyone who has worked in a bookstore knows only too well that moment when a customer approaches by saying, “So I don’t remember the title, or the author, but—.” And we’ve all been on the other side of the counter, trying to pinpoint something we can’t quite describe at a bookstore (“It’s a... Continue reading at Literrary Hub

[ Literrary Hub | 2021-10-21 08:55:42 UTC ]
More news stories like this


An Interview with Autumn (shelftalker)

A bookstore visit to address supply chain concerns and share top picks for the season. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-20 14:00:00 UTC ]
More news stories like this


An Illustrated Tour of Some of North America’s Beloved, Diverse Indie Bookstores

The following bookstore profiles are from Bibliophile: Diverse Spines, by Jamise Harper and Jane Mount. * LOYALTY BOOKSTORE Silver Spring, Maryland, USA / Washington, DC, USA Instagram: @loyaltybooks What began as a pop-up shop has since become one of the most treasured bookstores in the... Continue reading at Literrary Hub

[ Literrary Hub | 2021-10-19 08:55:55 UTC ]
More news stories like this


White Whale Bookstore Turns Five, Expands

Pittsburgh’s White Whale Bookstore celebrated its five-year anniversary on October 15 with something special: the grand opening of its newly expanded space. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-19 04:00:00 UTC ]
More news stories like this


Another Pandemic Surprise: A Mini Indie Bookstore Boom

Though Covid-19 isn't going anywhere and challenges remain, new independent bookstores are opening up and doing well. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
More news stories like this


Book Review: ‘Silverview,’ by John le Carré

“Silverview” features a young bookstore owner in an English seaside town, caught up in an investigation involving two cunning spymasters. Continue reading at The New York Times

[ The New York Times | 2021-10-11 09:00:03 UTC ]
More news stories like this


Rock Stars and Author Trading Cards: Tales from a Decade of Bookstore Events

For more than 20 years, I worked at the Booksmith, an independent bookstore located in the Haight Ashbury neighborhood of San Francisco. For half that time, I ran the events program. I worked with publishers in selecting authors, creating a monthly schedule, and banging the drum to make sure... Continue reading at Literrary Hub

[ Literrary Hub | 2021-09-24 08:50:35 UTC ]
More news stories like this