Library Hotel loan flagged due to overdue books

You can book a room in any hotel, but at the Library Hotel you can select which books will be in your room. On the fourth floor, far from the madding crowd downstairs enjoying the complimentary daily wine and cheese, guests can rest in a room filled with Russian novels. The sixth floor’s rooms contain books about management, the eighth floor has erotic literature, and the tenth includes books about other libraries.Fans say the 60-room, 6,000-book Library Hotel at 299 Madison Ave., down the street from the New York Public Library, is among the best in New York.“I could not have picked a better hotel,” a traveler wrote recently on TripAdvisor. “Nothing was too much trouble for [the staff]. They looked after me from the start to the end.”But the Library Hotel has a problem: Its books are overdue. Specifically, its financial statements haven’t been updated with its loan servicer in more than a year. In November the property’s $30 million mortgage was added to the servicer’s watchlist, credit-rating agency KBRA said in a report last week.The most recent information available showed the hotel’s occupancy rate was 83% in September 2023, below the citywide average at the time of 88%, according to CoStar, and 10 percentage points below its pre-pandemic level. Net cash flow of $2.3 million a year was running one-third below pre-pandemic levels, KBRA data show.The Library Hotel is part of a boutique-hotel chain presided over and owned by Henry Kallan, who fled Czechoslovakia in 1968... Continue reading at 'Crains New York'

[ Crains New York | 2024-12-02 18:27:16 UTC ]

Other news stories related to: "Library Hotel loan flagged due to overdue books"


Industry Notes: Guadalajara Publishers and Bookstore Honors in Barcelona

Industry Notes: In Mexico, seven independent publishers form an alliance, and Spain's Liber program honors the 100-year-old Balmes bookstore. The post Industry Notes: Guadalajara Publishers and Bookstore Honors in Barcelona appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-08-13 20:06:29 UTC ]
More news stories like this


10 Bookstore Romances To Get Lost In

How do you make a book about bookstores even better? With a little romance, of course! Prepare to swoon over these bookstore romances, including Meet Cute Club by Jack Harbon. Continue reading at Book Riot

[ Book Riot | 2021-08-11 10:36:00 UTC ]
More news stories like this


Nach Waxman, Founder of a Bookstore Where Foodies Flock, Dies at 84

A “kitchen anthropologist,” he created a mecca in Manhattan for chefs, writers, scholars, everyday cooks and anyone else who is, well, hungry for culinary knowledge. Continue reading at The New York Times

[ The New York Times | 2021-08-08 00:23:01 UTC ]
More news stories like this


5 Ways Working at a Used Bookstore Changed Me Forever

After working a used bookstore for many years, I picked up some strange habits that I just can't seem to shake. Here are 5 of them. Continue reading at Book Riot

[ Book Riot | 2021-08-06 10:33:00 UTC ]
More news stories like this


How L.A.'s most innovative pop-up bookstore (barely) survived the pandemic

Before Covid, A Good Used Book was a pop-up bookshop thriving across L.A. It's back to physical business this month — at the end of a long, hard road. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-08-05 13:00:28 UTC ]
More news stories like this


Area man hangs on to dream, reopens bookstore after 25 years.

Well, this is kind of heartwarming. A full quarter-century after shuttering his old store in Bloomington, Indiana, Rick Morgenstern has opened what suddenly becomes the state’s largest independent bookstore. The reboot of the eponymous store has been in the works for years and is reopening in a... Continue reading at Literrary Hub

[ Literrary Hub | 2021-07-28 18:29:10 UTC ]
More news stories like this


CALIBA Names New Coexecutive Directors

The California Independent Booksellers Alliance announced that Ann Seaton, CALIBA’s former director of operations and Kristin Rasmussen, general manager of {pages} a bookstore in Manhattan Beach, have been appointed coexecutive directors of the association. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-26 04:00:00 UTC ]
More news stories like this


The Children’s Bookstore set to close after 43 years in Baltimore

After four moves and 43 years as a hub for children’s books and visits by local and nationally renowned authors, The Children’s Bookstore is closing. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-07-23 20:26:06 UTC ]
More news stories like this


Yes, I Love Books, But Please Don’t Take Me To a Bookstore

One avid reader on why being taken to the bookstore is way more anxiety-producing than it is enjoyable. Continue reading at Book Riot

[ Book Riot | 2021-07-20 10:32:00 UTC ]
More news stories like this


Saqi Books in London Hit by Monday’s Flash Flooding

An emergency fund has been opened to get quick aid to West London's Saqi Books, a publisher and bookstore reporting severe flood damage. The post Saqi Books in London Hit by Monday’s Flash Flooding appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-07-13 19:52:32 UTC ]
More news stories like this


Bookselling Profile: Homer Bookstore

The Homer Bookstore is the oldest continually operating bookstore in Alaska, and one of the few places to buy new books within several hundred miles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-25 04:00:00 UTC ]
More news stories like this


On My Most Embarrassing Literary Encounters (So Far)

As you may recall, right around St. Patrick’s Day in 2020, pretty much every bookstore on earth suspended all in-person author events indefinitely. Since then, book people like us have been cut off from meeting our favorite authors and have had to settle for watching glitchy versions of them on... Continue reading at Literrary Hub

[ Literrary Hub | 2021-06-17 08:49:48 UTC ]
More news stories like this


The Most Beautiful House in the Neighborhood, by Kristina Gavran

Fiction Photo by Peter Boccia / Unsplash After renting a room in an Indian family’s house in England, the Croatian tenant becomes privy to one member’s dreams of return. “This is it!” Parvati, a young Indian woman, shows me a tiny room with... Continue reading at World Literature Today

[ World Literature Today | 2021-06-07 20:25:08 UTC ]
More news stories like this


How Lin-Manuel Miranda and Friends Made an Old Bookstore New

The century-old Drama Book Shop in Manhattan struggled for years. Then “Hamilton” happened. Continue reading at The New York Times

[ The New York Times | 2021-06-07 15:11:17 UTC ]
More news stories like this


A Day in the Life of an Indie Bookseller

Experience a day in the life of an indie bookseller, working at Bosch&deJong boekverkopers, a small bookstore in Rotterdam, Netherlands. Continue reading at Book Riot

[ Book Riot | 2021-06-01 10:35:00 UTC ]
More news stories like this


He watched two missiles destroy his bookshop. 'My soul came out of me'

Samir Mansour's bookstore was a cultural magnet for residents of the Gaza Strip until an Israeli airstrike leveled it. Now he has to start over. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-06-01 08:00:49 UTC ]
More news stories like this


Eso Won and Crockett Named PW’s Bookstore and Sales Rep of the Year

Publishers Weekly has named the L.A.-based indie bookstore Eso Won Books its Bookstore of the Year, and Simon & Schuster sales rep Toi Crockett has been named PW Sales Rep of the Year. The announcement was made at the inaugural U.S. Book Show. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-25 04:00:00 UTC ]
More news stories like this


‘We Always Rise.’ A Black-Owned Bookstore in Newark Navigates the Pandemic

Source of Knowledge has been a Newark mainstay for decades. It survived the past year thanks to the generosity of its customers and an owner who provides more than just books. Continue reading at The New York Times

[ The New York Times | 2021-05-22 09:00:26 UTC ]
More news stories like this


An afternoon inside a bookstore was as glorious as ever. Here’s what I bought.

At the literary haven Powell’s in Portland, I limited myself to 16 books, including a little something for my grandson. Continue reading at The Washington Post

[ The Washington Post | 2021-05-19 16:44:24 UTC ]
More news stories like this


Try this easy tactic to trick your brain into making better decisions

When it comes to serious decisions in business or in life, this mental quirk can set us up for catastrophic failure unless we actively work to keep it in check. Imagine this: You’re heading for the cashier at your local bookstore when you pass a display selling coffee mugs for $5. There’s only... Continue reading at Fast Company

[ Fast Company | 2021-05-07 05:00:19 UTC ]
More news stories like this