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"


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 ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


Documentary Looks For Most Beautiful Bookstore and How To Read More: Critical Linking, July 9, 2019

Awesome daily roundup of the most interesting bookish links from around the web. Continue reading at Book Riot

[ Book Riot | 2019-07-09 10:30:07 UTC ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


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 | 2019-07-08 10:53:45 UTC ]
More news stories like this


(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 ]
More news stories like this


My Bookish Upbringing

EVERY YEAR, IT SEEMS, we receive a new diagnosis regarding the viability of books in the digital age: print is dead, print is back, the bookstore is dead, bookstores are back. The nostalgia for and anxiety about print is often reactive, hinting at other anxieties about feeling lonely and... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2019-07-06 19:00:22 UTC ]
More news stories like this


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 ]
More news stories like this


10 Romantic Books I Got from The Ripped Bodice Bookstore

A Rioter not only got to visit the romance bookstore of her dreams, L.A.'s The Ripped Bodice, but also got a slew of recommendations from a co-owner! Continue reading at Book Riot

[ Book Riot | 2019-07-02 10:36:13 UTC ]
More news stories like this


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 ]
More news stories like this


Things to Do While You Wait for Netflix’s Sarah Dessen Adaptations

What to do while you wait for Netflix’s Sarah Dessen Adaptations: Obviously, get thee to a bookstore and read her ... Continue reading at Book Riot

[ Book Riot | 2019-06-29 10:31:00 UTC ]
More news stories like this


This dying bookstore has a proposal for NYC: Just treat us like you treated Amazon

Book Culture, based in the same Queens neighborhood where Amazon wanted to set up shop, says it will be forced to close if the city or state doesn’t offer assistance. In New York City’s Long Island City neighborhood, down the road from where Amazon tried (and failed) to build a “second... Continue reading at Fast Company

[ Fast Company | 2019-06-26 15:56:45 UTC ]
More news stories like this


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 ]
More news stories like this


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 ]
More news stories like this


REI shelves catalog for print magazine

No stranger to the unconventional, REI is at it again: The outdoors retailer is discontinuing its print mail-order catalog and debuting a magazine. Called Uncommon Path, the print publication will run on a quarterly basis and include stories focused on the outdoors. Kent, Washington-based REI... Continue reading at Advertising Age

[ Advertising Age | 2019-06-20 19:50:29 UTC ]
More news stories like this


Strand Bookstore landmarked over owner's objections

The building that's home to the famous Strand Bookstore in the East Village was designated a city landmark Tuesday despite warnings from the property's and store's owner that the status could... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-12 12:57:30 UTC ]
More news stories like this


Strand Bookstore granted landmark status over owner’s objections

The pilot killed when his helicopter of a Midtown skyscraper in rain and fog radioed that he was lost and trying to get back to the heliport but couldn't find it, an official briefed on the... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-12 11:09:48 UTC ]
More news stories like this


Rejecting Objections, NYC Landmarks the Strand

The New York City Landmarks Preservation Commission voted to landmark 826 Broadway, the building that houses the Strand Bookstore—a decision the owner says will be costly to the store. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-12 04:00:00 UTC ]
More news stories like this