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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Barnes & Noble Huge 50% Off Sale

The annual Barnes & Noble sale is underway and offering 50% off some of the most popular books this year. Continue reading at Book Riot

[ Book Riot | 2022-08-12 16:55:39 UTC ]
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Barnes & Noble Announces Their Best Books of 2022 So Far

Ranging from middle grade fantasy to adult literary fiction and romance, here are Barnes & Noble's top 10 books of 2022 so far. Continue reading at Book Riot

[ Book Riot | 2022-06-07 13:23:38 UTC ]
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Barnes & Noble reveals a cheaper version of its Nook GlowLight 4 e-reader

Barnes & Noble has revealed its latest Nook e-reader, a more budget-friendly version of the Nook GlowLight 4 it announced in December. The Nook Glowlight 4e costs $30 less than the previous model but, as you might expect, there are some tradeoffs.The e-readers share a similar design, with... Continue reading at Engadget

[ Engadget | 2022-05-25 14:19:54 UTC ]
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Barnes & Noble Being Sued in Virginia Beach Over GENDER QUEER, COURT OF MIST AND FURY

A Virginia lawyer and state delegate has filed a restraining order against Barnes & Noble for carrying GENDER QUEER. Continue reading at Book Riot

[ Book Riot | 2022-05-19 11:23:55 UTC ]
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Barnes & Noble Preorders are 25% Off Until April 22nd

The Barnes & Noble preorder sale applied to print books, ebooks, and audiobooks. Here are some big name titles coming out soon to preorder now. Continue reading at Book Riot

[ Book Riot | 2022-04-20 19:56:32 UTC ]
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How Barnes & Noble Went From Villain to Hero

To independent booksellers, the enormous chain was once a threat. Now it’s vital to their survival. And it’s doing well. Continue reading at The New York Times

[ The New York Times | 2022-04-15 09:00:20 UTC ]
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Barnes & Noble is finally offering an audiobook service

Barnes & Noble finally has a direct answer to Amazon's purchase of Audible. The bookseller has launched a B&N Audiobooks service in the US that lets you either buy recordings or pay $15 per month for a subscription that offers one recurring monthly credit. You'll have access to more than... Continue reading at Engadget

[ Engadget | 2022-04-07 16:21:47 UTC ]
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Barnes & Noble's 'Solid' 2021

After seeing growth last year, B&N CEO James Daunt says the trajectory has changed for America's largest bricks-and-mortar bookseller. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-04 05:00:00 UTC ]
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Barnes & Noble Unveils Union Square & Company

Approximately one year after Barnes & Noble CEO James Daunt tapped Emily Meehan to reinvent the retailer’s publishing operation, Meehan has unveiled a new name for the company and a host of new initiatives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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Barnes & Noble Names Their 2021 Book of the Year

Barnes & Noble names their Book of the Year and a Speculative Book of the Year. Continue reading at Book Riot

[ Book Riot | 2021-11-18 14:57:13 UTC ]
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Barnes & Noble Name Third-Annual “Book Of The Year” Finalists

8 books, ranging from memoir to pizza czar, history for young readers and lyrics by legends, are the finalists for B&N's Book of the Year. Continue reading at Book Riot

[ Book Riot | 2021-10-28 12:00:00 UTC ]
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Barnes & Noble’s Top Books Of 2021

Here are Barnes & Nobel's Top Books of 2021. Their top 10 is really a top 11 and we can't blame them. Continue reading at Book Riot

[ Book Riot | 2021-10-14 13:56:34 UTC ]
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Daunt reveals sales rise at Barnes and Noble

James Daunt has hailed a rise in sales at American bookseller Barnes & Noble following changes he introduced after being appointed as its c.e.o. in 2019. Continue reading at The Bookseller

[ The Bookseller | 2021-08-27 02:05:18 UTC ]
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Barnes & Noble's Owner Buys Paper Source

Elliott Management, which acquired Barnes & Noble in September 2019, has reached an agreement to buy the stationery retailer Paper Source. B&N CEO James Daunt will add oversight of Paper Source to his responsibilities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-12 04:00:00 UTC ]
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Barnes & Noble Reshapes Its Publishing Division

With a new publisher at the helm, B&N plans to reinvent Sterling Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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The new Barnes and Noble NOOK is really just a 10-inch Android tablet made by Lenovo

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[ Betanews | 2021-03-19 17:52:47 UTC ]
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Barnes & Noble teamed up with Lenovo for its new 10-inch Nook tablet

Barnes & Noble has launched a new 10-inch Nook tablet that it has designed in collaboration with Lenovo. Continue reading at Engadget

[ Engadget | 2021-03-19 13:00:11 UTC ]
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Barnes & Noble's new Nook tablet will be revealed soon

The Nook tablet isn't dead -- Barnes & Noble and Lenovo are collaborating on a new device. Continue reading at Engadget

[ Engadget | 2021-03-19 01:52:50 UTC ]
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Barnes & Noble's Book Publishing Arm Gets a New Publisher

The bookseller has hired Emily Meehan as publisher and chief creative officer of Sterling Publishing in what it called part of a relaunch of its publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-15 05:00:00 UTC ]
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Behind the Scenes: Working at Barnes & Noble in Illinois

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