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 ]
DC bookstore mainstay Politics & Prose recently featured Kawai Strong Washburn, author of Sharks in the Time of Saviors, in conversation with Tommy Orange, author of There There. The two discuss virtual book events, appreciating connection more than ever, and the miracle of being transported... Continue reading at Literrary Hub
[ Literrary Hub | 2020-05-05 20:00:41 UTC ]
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In the best of times, businesses know to diversify their revenue. But during the pandemic, survival has sometimes meant getting into a whole new business. Co-host David Griner talks with new community editor Ko Im about how a bookstore ramped up site visits by turning itself into a travel site.... Continue reading at AdWeek
[ AdWeek | 2020-05-04 15:04:07 UTC ]
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Welcome to First Things First, Adweek's daily resource for marketers. We'll be publishing the content to First Things First on Adweek.com each morning (like this post), but if you prefer that it come straight to your inbox, you can sign up for the email here. A Bookstore Shocked Fans and Boosted... Continue reading at AdWeek
[ AdWeek | 2020-05-01 10:45:39 UTC ]
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When beloved bookstore and cafe The Wild Detectives had to close alongside most Dallas businesses due to Covid-19 quarantine measures, it faced the daunting challenge of shifting its business to being online-only. So the shop owners turned to agency partner Dieste, which has created several... Continue reading at AdWeek
[ AdWeek | 2020-04-30 19:09:51 UTC ]
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Wish you could visit your favorite indie bookstore right now? For the next best thing (sort of), Lookout Books has partnered with a handful of beloved indie bookstores to bring you, Zoom users (as we all are now), free virtual backgrounds of their stores. The purpose of these backgrounds can be... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-29 15:24:21 UTC ]
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One bookstore company has offered medical workers a lifetime 20-percent discount in China, as the virus pressures normal sales. The post China Bestsellers March 2020: Bookstores Buck the Pandemic’s Paralysis appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-04-28 14:51:33 UTC ]
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In “Camino Winds,” a bookstore owner and two other characters team up to solve a murder and the mystery behind it. Continue reading at The New York Times
[ The New York Times | 2020-04-28 01:32:18 UTC ]
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Taking a look at how the indie boom happened in the age of multi-floor bookstore chains and Amazon’s 2-day shipping. Continue reading at Book Riot
[ Book Riot | 2020-04-27 10:34:51 UTC ]
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On this episode of Sheltering, bookstore owner and author Emma Straub speaks with Maris Kreizman about her new novel, All Adults Here. Straub talks about the support that’s poured in for her bookstore (Books Are Magic) and how best to support our local institutions right now. She also discusses... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-23 19:00:30 UTC ]
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Fiction Addiction in Greenville, S.C., has re-opened after the state government gave permission; shoppers are limited to four at a time. "My concern was less for my own health than the health of the store," said owner Jill Hendrix. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-22 04:00:00 UTC ]
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It’s not a particularly hopeful time for literally anyone right now (unless maybe you’re getting a $1.7 million tax break?) but that doesn’t mean we should stop trying to help people whenever we can. I’m getting pretty tired of washing my clothes in the bathtub and have been sorely tempted to... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-17 15:09:39 UTC ]
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Exemplary among many markets for its early testing and responsible distancing regulations, Germany looks will let bookstores begin reopening Monday. The post Coronavirus: Germany Is To Follow Italy in Potential Bookstore Openings appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-04-16 15:02:15 UTC ]
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One of the world's most famous bookstores was forced to close because of the coronavirus outbreak and asked for help to pay the bills Continue reading at ABC News
[ ABC News | 2020-04-12 16:59:42 UTC ]
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The best-selling author and co-owner of Books Are Magic discusses how her store is weathering the crisis while supporting writers, staff, and other bookstores. For years, independent bookstores fought to stay in business in the face of big box stores and Amazon’s unstoppable growth. Now, they... Continue reading at Fast Company
[ Fast Company | 2020-04-10 10:30:03 UTC ]
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Flyleaf Books’ owner reflects on running an "essential" business during a crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
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The plight of independent bookstores during the coronavirus pandemic has brought an outpouring of public support—but, along with it, an often-overwhelming deluge of messaging about whom to support and how. A new app, Save Your Bookstore, is trying to pull more of it together in one place. Save... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-09 16:59:54 UTC ]
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James Patterson has a long history of helping independent bookstores. In in 2014, he donated $1 million to indie bookstores, and staring in 2015, his Holiday Bonus program has given payments between $500 and $5,000 to bookstore employees each year. Now, as bookstores struggle to keep afloat... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-03 14:23:07 UTC ]
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Save Your Bookstore points you to the best way to get cash to shuttered booksellers near you. As COVID-19 has forced small bookstores to close, many are wondering how they’ll survive—though a surge in support from communities placing online orders is helping. A new app is designed to let you... Continue reading at Fast Company
[ Fast Company | 2020-04-01 14:00:29 UTC ]
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Starting this week, Washington D.C.’s Kramerbooks & Afterwords Cafe is using Postmates, an app largely used for food delivery, to get books in the hands of readers in the D.C. area. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-01 04:00:00 UTC ]
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Sixteen-year-old Porter Square Books is the first New England bookstore in more than a decade to receive this honor and the second bookstore in Cambridge, Mass. Texan Bob Barnett, a sales representative for 25 years, was named Rep of the Year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-01 04:00:00 UTC ]
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