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 ]

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You Should Be Getting Your Biographies in Children’s Picture Book Form

November is Picture Book Month, so these illustrated little gems are deservedly in the spotlight. In a recent blog post for Books Are Magic, novelist and bookstore owner Emma Straub curated a list of picture books. Among Straub’s picks for the best picture books of 2019 is a wonderful biography... Continue reading at Electric Literature

[ Electric Literature | 2019-11-25 12:00:00 UTC ]
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In the Jersey Suburbs, a Bookstore Whose Vibe Is Pure Narnia

Montclair Book Center is 9,000 square feet of nooks, alcoves, labyrinths and warrens. “It’s like a time machine,” one customer says. Continue reading at The New York Times

[ The New York Times | 2019-11-23 10:00:19 UTC ]
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Ian Williams wins Canada’s prestigious Giller Prize for his debut novel.

Ian Williams, winner of this year’s $100,000 Scotiabank Giller Prize for his debut novel Reproduction, began his acceptance speech Monday night with an emotional tribute. “Margaret Atwood over there is the first book I bought with my own money at a bookstore in Brampton,” he told the audience.... Continue reading at Literrary Hub

[ Literrary Hub | 2019-11-19 20:30:03 UTC ]
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Love Your Bookstore: Greenlight Bookstore

For this year's Love Your Bookstore Challenge, the staff at Brooklyn's Greenlight Bookstore share their colorful and varied must-read titles. The post Love Your Bookstore: Greenlight Bookstore appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-11-13 11:00:58 UTC ]
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Comedians Troll Donald Trump Jr. With Bookstore Cover Swap Stunt

Comedy group The Good Liars changed covers on the presidential son's book to "make it a little more honest." Continue reading at HuffPost

[ HuffPost | 2019-11-09 12:52:40 UTC ]
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A Toronto Bookstore Amplifies Marginalized Voices

Another Story Bookshop is focused on social justice and diversity, continuing the mission its founder established over 30 years ago. Continue reading at The New York Times

[ The New York Times | 2019-11-09 10:00:11 UTC ]
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Lin-Manuel Miranda has a surprisingly personal reason for opening a bookstore in the age of Amazon

He may have created the biggest hit on Broadway, but the ‘Hamilton’ auteur still thinks small in a lot of ways, especially when it comes to business. Along with being the creator of a little show called Hamilton, Lin-Manuel Miranda is also known for his enthusiastic social media... Continue reading at Fast Company

[ Fast Company | 2019-11-08 17:15:09 UTC ]
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Love Your Bookstore: Books Are Magic

Just a few days from the 2019 Love Your Bookstore Challenge, Brooklyn's Books Are Magic crew weigh in with staff picks and must-read titles. The post Love Your Bookstore: Books Are Magic appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-11-06 11:00:45 UTC ]
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The Saga of Many Patient Foot Soldiers: Józef Wittlin’s Salt of the Earth, by Alice-Catherine Carls

Book Reviews Alice-Catherine Carls My association with the work of Józef Wittlin started when Professor Anna Frajlich invited me to write a paper about Wittlin’s association with France for her 1996 Józef Wittlin conference at Columbia University. I... Continue reading at World Literature Today

[ World Literature Today | 2019-11-05 14:04:18 UTC ]
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On a Greek Island, a Bookstore With Some Mythology of Its Own

Atlantis Books on Santorini has become a popular tourist attraction and one of Europe’s most enchanting bookshops. Just don’t believe everything you hear. Continue reading at The New York Times

[ The New York Times | 2019-10-27 09:00:11 UTC ]
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Giving Credit Where It’s Due (shelftalker)

Managing those dreaded credit rep calls in an indie bookstore can be stressful. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-23 12:00:33 UTC ]
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Reading the Signs (shelftalker)

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[ Publishers Weekly | 2019-10-14 12:00:55 UTC ]
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Allison Hill Named New ABA CEO

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[ Publishers Weekly | 2019-10-11 04:00:00 UTC ]
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Diary of a small town sensation: how the Wimpy Kid author built his dream bookshop

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[ The Guardian | 2019-10-05 09:00:40 UTC ]
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Selling to the Grown-Ups (shelftalker)

Adding an adult section to a children’s bookstore has been a profitable investment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-25 12:00:09 UTC ]
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Strand Bookstore owner says landmark status will be challenged in court

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[ Crains New York | 2019-09-24 13:47:21 UTC ]
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B&N's James Daunt Isn't Daunted At All

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[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]
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A Bookseller Field Trip (shelftalker)

Visiting an author’s book launch at a colleague’s bookstore is a delightful adventure. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-18 12:00:48 UTC ]
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On the Occasion of Margaret Atwood Day, Here Are Some Photos of Her Over the Years

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[ Literrary Hub | 2019-09-10 08:49:55 UTC ]
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BookNet Canada’s First ‘State of Independent Bookselling’ Report Cites a Rise in Print Revenue

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[ Publishing Perspectives | 2019-09-09 20:54:40 UTC ]
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