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 ]
The angst was palpable at Digital Media Strategies 2016, an annual industry conference held on Wednesday and Thursday at a hotel in Times Square.While there are myriad challenges facing the media companies of today, combatting the power and market share of the social media giants -- often called... Continue reading at Advertising Age
[ Advertising Age | 2016-09-09 00:00:00 UTC ]
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“I found it at the Strand Bookstore and thought of you,” said my friend, handing me a sturdy, gift-wrapped package. With visions of all the incredible vintage gems I had unearthed in this iconic establishment over the years scrolling through my brain, I tore at the gift wrap. And suddenly, there... Continue reading at Slate
[ Slate | 2015-12-15 00:00:00 UTC ]
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Fashion brand Club Monaco has enlisted The Strand bookstore to decorate its flagship store with books, creating a store-within-a-store. The post Where Fashion Meets Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-11-20 00:00:00 UTC ]
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It’s six p.m., and I’m at John Marshall Media near Times Square in New York City, sitting in the recording booth where Kathleen McInerney has been narrating two audiobooks back-to-back for the past eight hours. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-05-16 00:00:00 UTC ]
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For some people, the new year arrives when the ball drops in Times Square. But for this devoted book lover, it's not 2014 till that first copyright page says so. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-01-02 00:00:00 UTC ]
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