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 ]
Samir Mansour's bookstore was a cultural magnet for residents of the Gaza Strip until an Israeli airstrike leveled it. Now he has to start over. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-06-01 08:00:49 UTC ]
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Publishers Weekly has named the L.A.-based indie bookstore Eso Won Books its Bookstore of the Year, and Simon & Schuster sales rep Toi Crockett has been named PW Sales Rep of the Year. The announcement was made at the inaugural U.S. Book Show. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-25 04:00:00 UTC ]
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Source of Knowledge has been a Newark mainstay for decades. It survived the past year thanks to the generosity of its customers and an owner who provides more than just books. Continue reading at The New York Times
[ The New York Times | 2021-05-22 09:00:26 UTC ]
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At the literary haven Powell’s in Portland, I limited myself to 16 books, including a little something for my grandson. Continue reading at The Washington Post
[ The Washington Post | 2021-05-19 16:44:24 UTC ]
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When it comes to serious decisions in business or in life, this mental quirk can set us up for catastrophic failure unless we actively work to keep it in check. Imagine this: You’re heading for the cashier at your local bookstore when you pass a display selling coffee mugs for $5. There’s only... Continue reading at Fast Company
[ Fast Company | 2021-05-07 05:00:19 UTC ]
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More than 30 people raised $8.35 million to buy the building that houses Warwick's bookstore in La Jolla, Calif., saving it from having to move from where it has operated since 1952. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-03 04:00:00 UTC ]
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Northshire Bookstore in Manchester Center, Vt., and its sister store in Saratoga Springs, N.Y., have been sold to new owners, as has the Norwich Bookstore in Norwich, Vt. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-30 04:00:00 UTC ]
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Culture Street mural for Grenfell Tower, with poem by Ben Okri, North Kensington, London, image courtesy of IranWire and #PaintTheChange. London-based writer Malu Halasa canvasses the Middle Eastern and North African culture scene in London,... Continue reading at World Literature Today
[ World Literature Today | 2021-04-19 19:22:28 UTC ]
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I’m peeking out to post this week and rejoice that the warmth of spring and the end of a long Covid winter lets us all spend some time together. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-19 13:00:00 UTC ]
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Even in boomtimes it is hard to keep a bookstore afloat: the margins are razor thin and you’re in constant competition for bookbuyers with the largest monopoly in the universe (Am*zon). This is why a lot stores—particularly newer ones—build higher-margin sidelines into their business models…... Continue reading at Literrary Hub
[ Literrary Hub | 2021-04-12 14:51:07 UTC ]
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This summer, Tattered Cover Bookstore will open a children's bookstore in Aurora, Colo., a Denver suburb. The new bookstore will be Tattered Cover's fifth outlet and its first children's specialty bookstore. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-08 04:00:00 UTC ]
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When Dr. Seuss Enterprises announced it would no longer be publishing six of Dr. Seuss’s books which have aged problematically, the bookstore I work at in Scranton, Pennsylvania had a flurry of very concerned customers. People were coming up with stacks of his books along with an... Continue reading at Electric Literature
[ Electric Literature | 2021-04-07 11:00:00 UTC ]
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Ingram Content Group seeds Binc's 'Survive to Thrive' bookstore grant program, with additional major support from publishers and Bookshop.org. The post US Book Industry Charitable Foundation Raises $1 Million for Bookstores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-04-01 14:26:57 UTC ]
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10 swoon-worthy bookstore pins that'll show off your nerd cred -- and make you want to hit your local indie ASAP. - Kelly Jensen Continue reading at Book Riot
[ Book Riot | 2021-03-30 10:38:00 UTC ]
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Interviews Ellen Adams is a singer-songwriter and prose writer who splits her time between Seattle and Montreal. She has been a Lambda Literary Fellow for nonfiction and a Fulbright Fellow researching politically engaged contemporary art in Thailand.... Continue reading at World Literature Today
[ World Literature Today | 2021-03-29 13:25:33 UTC ]
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The five finalists for 2021 Bookstore of the Year reflect the changes that have taken place in the ways that bookstores serve their communities and the increasing role of activism in bookselling today. The five finalists for Rep come from commission groups, Ingram, and the Big Five. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-23 04:00:00 UTC ]
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Bouncers, hand deliveries and debt became the new reality for shop owners across the country. Continue reading at The Washington Post
[ The Washington Post | 2021-03-15 12:00:00 UTC ]
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One of the biggest books of this past plague year was Erik Larson’s The Splendid and the Vile. The success of the book is no surprise, Larson’s books are perennial bestsellers and he’s a hell of a storyteller. But the core narrative, the perseverance of the British people in the face of Nazi... Continue reading at Literrary Hub
[ Literrary Hub | 2021-03-12 09:50:38 UTC ]
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Employees at Moe’s Bookstore in Berkeley, Calif. announced that they have formed a union and joined the International Workers of the World (IWW). Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-11 05:00:00 UTC ]
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These works, recommended by local authors and bookstore owners, remind us just how special Washington is. Continue reading at The Washington Post
[ The Washington Post | 2021-03-04 15:43:50 UTC ]
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