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 ]
Bookshop.org has reached a new milestone in generating revenue for independent bookstores. Continue reading at Book Riot
[ Book Riot | 2020-03-31 20:01:01 UTC ]
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Simon & Schuster has launched a company-wide effort to support the newly established independent bookseller–focused online bookstore Bookshop.org and its affiliate network of independent booksellers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-31 04:00:00 UTC ]
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Indigo Books and Music, Canada's dominant bookstore chain, closed all of its 199 retail locations on March 18. On Friday, March 27, the company laid off 5,200 of 7,000 total employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-31 04:00:00 UTC ]
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Indie booksellers in New England and in California will be getting additional assistance from their regional bookstore associations, including management counselling, tech support, and promotional opportunities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-30 04:00:00 UTC ]
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Portland's beloved indie bookstore Powell's Books rehired more than 100 employees after seeing a surge in online orders. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-03-29 18:12:16 UTC ]
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Regional independent booksellers associations are working to support their members with information, digital resources, virtual events, promotions, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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On this episode of Sheltering, Maris Kreizman talks to Kate Elizabeth Russell about her recent novel, My Dark Vanessa. Kate shares the things that are helping to get through this time of isolation: Fiona Apple, the game Animal Crossing, and eating “like she’s at a sleepover.” Kate’s local... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-25 19:00:22 UTC ]
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We’ve already brought your attention to the ways you can help bookstores (and bookstore workers) during the coronavirus pandemic, and here’s another one: a collective of recently laid-off booksellers has started an online storefront at Bookshop.org (in case you missed it, Bookshop is the new... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-25 15:14:23 UTC ]
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Chicago authors are spotlighting the unique plight of two local indies that both closed to walk-in traffic on March 16: one bookstore that was only officially open for one day, and another that had changed ownership two weeks earlier. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-25 04:00:00 UTC ]
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More than a dozen out-of-work booksellers in New York City have launched The Bookstore at the End of the World on Bookshop.org, to "make money doing what they do best." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-25 04:00:00 UTC ]
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Welcome to episode one of The Antibody Reading Series, a weekly reading and Q and A hosted by Brian Gresko. Tonight’s guests are Kendra Allen, Maisy Card, and Hilary Leichter. You can buy their books from The Antibody‘s local indie, Greenlight Bookstore or from Bookshop.org: Kendra Allen, When... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-24 23:55:25 UTC ]
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THESE TIMES: Francesca Marciano on the new silences filling the streets of Rome · Want to help a bookstore? Buy a gift card · And don’t forget bookstore workers! | Lit Hub Coronavirus Coverage “We look for evidence of race not because it mattered to them but because it matters now.” Katy Simpson... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-24 10:30:38 UTC ]
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Snow was falling as Genie turned right on C Street and headed downtown to the bookstore with Wins. The city was quiet. Most people had already left work for the start of the holiday weekend. The Salvation Army had just concluded its Good Friday worship. Volunteers at the Third Avenue Elks Club... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-24 08:48:38 UTC ]
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The Strand bookstore confirmed Sunday that 188 employees, the majority of the bookstore’s staff, have been let go in the wake of the Covid-19 outbreak. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-22 04:00:00 UTC ]
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On the afternoon of Wednesday, March 18, 2020 I stood in an empty bookstore and cried. A friend had just sent a congratulatory text with a picture from the April issue of Alta Magazine. My wife and I were interviewed a few months ago for a profile of Point Reyes Books, the bookstore we’ve owned […] Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-20 08:49:38 UTC ]
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Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
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Denver's Tattered Cover is the latest bookstore to report job losses, putting 100 employees on unpaid temporary leave. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-18 04:00:00 UTC ]
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Indigo Books and Music, Canada's dominant bookstore chain, is closing all of its 199 retail locations from the end of business today until March 27. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-18 04:00:00 UTC ]
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The tale of the Moravian Book Shop isn’t straight-forward. Founded in 1745, in Bethlehem, Pennsylvania, it’s said to be the oldest continuously-running bookstore in America, yet it’s largely under the radar. It’s not a grande dame to whom homage must be paid; it’s never been the epicenter for... Continue reading at Literrary Hub
[ Literrary Hub | 2020-03-16 08:49:30 UTC ]
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As a result of the coronavirus crisis, sales at digital audiobook store Libro.fm and online bookstore Bookshop.org have soared. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-16 04:00:00 UTC ]
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