Struggling Fifth Avenue landmark Scribner Building gets a new chapter

The noble but neglected Scribner Building on Fifth Avenue has renewed the lease for its last remaining tenant at a higher rent, marking the first good news in many years for the landmarked property where F. Scott Fitzgerald and Ernest Hemingway used to meet their publisher. Apparel retailer Club Monaco agreed to extend its lease through 2031 at a price of $208 per square foot, according to court records, a substantial increase from its previous rent of $125 per square foot. Officials at real-estate services firm JLL say more good news is to come. “We’re just now starting to show the building,” said property manager Carolyn Austin. “It’s been through some things.”Located at 597 Fifth Ave. on the corner of East 48th Street, the former headquarters and bookstore for publisher Charles Scribner has lost nearly all its tenants since 2020. The 12-story, 67,000 square foot building’s exterior and interior are both landmarked and the upper-floor spaces are small.  Landlord Thor Equities “effectively abandoned” the building, a receiver said in a court document, adding Club Monaco officials seeking to negotiate a lease extension last year “were unable to reach a responsible party willing and able to negotiate one.” Austin said maintenance staffers took care of the 111-year-old building without pay. Neither Thor Equities, which is led by Joe Sitt, nor legal representatives responded to a request for comment. A spokesperson for Thor told The Real Deal in January that it had... Continue reading at 'Crains New York'

[ Crains New York | 2024-05-07 09:48:08 UTC ]

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Indie bookstore Tattered Cover thinks speaking out is “a slippery slope.” Twitter does not agree.

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[ Literrary Hub | 2020-06-08 13:56:08 UTC ]
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Independent bookstore owner invests in online bookstore famous for destroying independent bookstores.

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[ Literrary Hub | 2020-06-05 16:29:38 UTC ]
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Black-Owned Bookstore Offers “Ally Box” Book Subscription: Critical Linking, June 5, 2020

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[ Book Riot | 2020-06-05 10:30:41 UTC ]
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Listen to Ibram X. Kendi’s Stamped from the Beginning for free.

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[ Literrary Hub | 2020-06-04 14:34:08 UTC ]
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Coronavirus Response: Spain’s Publishing Industry Mobilizes Bookstore Support

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[ Publishing Perspectives | 2020-06-04 13:07:04 UTC ]
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In Mexico, One Bookstore per 120,000 Inhabitants, by Elena Poniatowska

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[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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In Mexico, One Bookstore per 120,000 Inhabitants, by Elena Poniatowska

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[ World Literature Today | 2020-06-03 21:05:48 UTC ]
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For the love of language: ‘Our Riches’ celebrates reading

Kaouther Adimi’s newly translated novel weaves together fact and fiction in a story about a famous Algerian bookstore and its fiercely loyal patrons. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2020-06-02 10:00:04 UTC ]
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For the love of language: ‘Our Riches’ celebrates reading

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[ The Christian Science Monitor | 2020-06-02 10:00:04 UTC ]
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For the love of language: ‘Our Riches’ celebrates reading

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Giuseppe Ungaretti in Oklahoma: The Old Captain’s Last Voyage, by Ivar Ivask

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[ World Literature Today | 2020-06-01 15:51:20 UTC ]
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[ Literrary Hub | 2020-05-29 08:48:18 UTC ]
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[ World Literature Today | 2020-05-28 13:17:54 UTC ]
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WORD Bookstore and Authors Team Up for Charity

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[ Publishers Weekly | 2020-05-27 04:00:00 UTC ]
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[ Publishers Weekly | 2020-05-26 04:00:00 UTC ]
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[ The Millions | 2020-05-22 20:30:26 UTC ]
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[ Literrary Hub | 2020-05-20 08:48:48 UTC ]
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[ World Literature Today | 2020-05-18 18:20:27 UTC ]
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