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 ]
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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There’s something thrilling about watching a movie or a TV show and finding that you recognize the characters’ surroundings— that you have stood on that street corner or peered into that shop before the characters, before that story begins. As someone who has been basically nowhere, I find it... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-26 20:13:15 UTC ]
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In the middle of the pandemic, City Lights bookstore is still open and it’s thriving. But yesterday it said goodbye to its eternally hip hundred-and-one-year-old cofounder, the poet, publisher, and community activist Lawrence Ferlinghetti. Continue reading at The Paris Review
[ The Paris Review | 2021-02-24 15:21:05 UTC ]
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Grow your future travel wishlist with a quick tour two bookstores in Seoul: its oldest bookstore as well as an underground bookstore. Continue reading at Book Riot
[ Book Riot | 2021-02-24 11:38:00 UTC ]
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Poet whose outlook spanned anarchism, ecology and small business, as founder of the City Lights Bookstore in San FranciscoLawrence Ferlinghetti, poet, artist, activist and founder of San Francisco’s famous City Lights Bookstore, who has died aged 101 of interstitial lung disease, was the least... Continue reading at The Guardian
[ The Guardian | 2021-02-23 22:42:13 UTC ]
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An unapologetic proponent of “poetry as insurgent art,” he was also a publisher and the owner of the celebrated San Francisco bookstore City Lights. Continue reading at The New York Times
[ The New York Times | 2021-02-23 20:23:41 UTC ]
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Ferlinghetti was the co-founder of the legendary City Lights bookstore and a champion of Allen Ginsberg and Jack Kerouac. Continue reading at Los Angeles Times
[ Los Angeles Times | 2021-02-23 18:50:28 UTC ]
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While we’re all still in varying levels of lockdown, here’s a new travel destination to dream about: Book and Bed Tokyo. Book and Bed is an “accommodation bookshop”: a bookstore first, hostel second, so avid readers don’t need to pay attention to the time while browsing. At each of Book and... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-23 16:53:41 UTC ]
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The acclaimed poet was longtime proprietor of City Lights, the San Francisco bookstore and avant-garde publishing house that catapulted the Beat Generation to fame. Continue reading at The Washington Post
[ The Washington Post | 2021-02-23 06:26:33 UTC ]
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Current Events On a visit to an Oklahoma City bookstore, Alex Crayon finds more than books. When I pulled into the snow-covered parking lot of Nappy Roots Books in northeast Oklahoma City, the first thing I noticed were the posters. Handwritten signs... Continue reading at World Literature Today
[ World Literature Today | 2021-02-22 21:59:22 UTC ]
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