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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At D.C.’s Newest Book Store, the Best Customers are Toddlers

Solid State Books is Washington, D.C.’s newest book store serving the H Street neighborhood. Co-owners Jake Cumsky-Whitlock and Scott Abel met while working in another D.C. bookstore back in 2004. In 2017, they teamed up to create Solid State Books with a commitment to dynamic programming and... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-19 08:45:53 UTC ]
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John Waters on Working for Mary Oliver in Her Bookstore

In this week’s episode of A Phone Call From Paul, Paul Holdengraber and John Waters discuss his new memoir, Mr. Know-It-All (or as he describes, a “self-help book for lunatics,” what he’s reading this summer, and his experience working for Mary Oliver at her bookstore in Provincetown. From the... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-18 08:48:16 UTC ]
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Powell’s employees protested a reading by the author of The Red Pill.

Powell’s employees were among a group on Monday night that protested a reading at the bookstore by Blake Nelson, a Portland author whose recent work and public statements have drawn on extremist right-wing rhetoric. Nelson’s newest book, The Red Pill—published by Bombardier Books in... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-17 18:00:11 UTC ]
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Japan’s Kinokuniya Announces 33rd Overseas Bookstore in Abu Dhabi

The Tokyo-based bookstore chain is announcing a second venue in the United Arab Emirates, the Dubai store having opened in 2008. The post Japan’s Kinokuniya Announces 33rd Overseas Bookstore in Abu Dhabi appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-16 05:30:52 UTC ]
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Chicago’s first black woman-owned bookstore is open for business

Semicolon—a vibrant new bookstore, community space, and gallery for Chicago’s street art scene—opened its doors on Tuesday with a party and mural unveiling. The store is just one of a handful of woman-owned bookstores in Chicago and its only bookstore owned by a black woman. An author... Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-12 15:33:15 UTC ]
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In Memory of Brazenhead, the Secret Bookstore That Felt Like a Magical Portal

In a popular trope present most often in YA novels, a character finds a secret key to another world. The key is rarely literal. More often, it’s an action as banal and everyday as leaning against a train platform barrier, walking into a phone booth, or looking for a winter coat in the back of... Continue reading at Electric Literature

[ Electric Literature | 2019-07-12 11:02:44 UTC ]
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In memory of Michael Seidenberg, owner of Brazenhead Books.

For years, I had been hearing about a secret bookstore on the Upper East Side, run by the owner out of his apartment. I thought that you could show up only in the company of a regular attendee. (I would later learn that this was not true, that Michael was, as he liked to say […] Continue reading at Literrary Hub

[ Literrary Hub | 2019-07-09 20:01:37 UTC ]
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Documentary Looks For Most Beautiful Bookstore and How To Read More: Critical Linking, July 9, 2019

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[ Book Riot | 2019-07-09 10:30:07 UTC ]
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Michael Seidenberg, New York City Bookseller, Dies

Michael Seidenberg, the beloved owner of New York City's Brazenhead Books, has died. In his later years, Seidenberg ran the bookstore out of his apartment, attracting the city's literati and bookworms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-09 04:00:00 UTC ]
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Amazon, that upstart online bookstore, turns 25 (Photos)

Since its launch 25 years ago, Amazon's reach has extended well beyond an online bookstore. And while it may seem obvious today, at the time Jeff Bezos was working to get his idea to the masses, many investors thought it would be no match for bookstore giants like Borders and Barnes &... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-07-08 11:14:14 UTC ]
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Amazon, that upstart online bookstore, turns 25 (Photos)

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[ Silicon Valley Business Journal | 2019-07-08 10:53:45 UTC ]
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(PHOTOS) Amazon, that upstart online bookstore, turns 25: A history in photos

Since its launch 25 years ago, Amazon's reach has extended well beyond an online bookstore. And while it may seem obvious today, at the time Jeff Bezos was working to get his idea to the masses, many investors thought it would be no match for bookstore giants like Borders and Barnes and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-07-08 10:00:00 UTC ]
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My Bookish Upbringing

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[ Los Angeles Review of Books | 2019-07-06 19:00:22 UTC ]
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Amazon, that upstart online bookstore, turns 25 (Photos)

Since its launch 25 years ago, Amazon's reach has extended well beyond an online bookstore. And while it may seem obvious today, at the time Jeff Bezos was working to get his idea to the masses, many investors thought it would be no match for bookstore giants like Borders and Barnes and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-07-05 17:38:09 UTC ]
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10 Romantic Books I Got from The Ripped Bodice Bookstore

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[ Book Riot | 2019-07-02 10:36:13 UTC ]
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Madison Bookstore Launches #BookstoresAgainstBorders Fundraiser

A Wisconsin indie has launched a fundraising campaign to benefit for RAICES, an organization that aids immigrants detained at the U.S. border. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-01 04:00:00 UTC ]
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Things to Do While You Wait for Netflix’s Sarah Dessen Adaptations

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[ Book Riot | 2019-06-29 10:31:00 UTC ]
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This dying bookstore has a proposal for NYC: Just treat us like you treated Amazon

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[ Fast Company | 2019-06-26 15:56:45 UTC ]
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A Mueller Report graphic novel will be released by San Diego publisher

Special Counsel Robert S. Mueller III’s report on Russian interference in the 2016 U.S. presidential election has become something of a publishing phenomenon, with several book versions of the report flying off bookstore shelves. Now a San Diego publisher is planning to release a version of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-06-24 19:00:00 UTC ]
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What Happens After Amazon’s Domination Is Complete? Its Bookstore Offers Clues

Popular novels, technical tomes and self-published books are pirated and sold on Amazon. That may actually be helping the company extend its grip on the book business. Continue reading at The New York Times

[ The New York Times | 2019-06-23 21:06:40 UTC ]
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