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 ]

Other news stories related to: "Struggling Fifth Avenue landmark Scribner Building gets a new chapter"


How 19 years of Amazon Prime has satisfied our need for speed

Just as Engadget was hitting publish on its first posts, I was putting a freshly minted English degree to use working at an indie bookshop in Los Angeles. In seemingly unrelated news, Amazon had just reported its first profitable year after switching from selling books to selling “everything”... Continue reading at Engadget

[ Engadget | 2024-03-08 14:15:57 UTC ]
More news stories like this


RuPaul has launched an online bookshop that will share its profits with writers.

There’s a new online bookstore in town—and this time it’s helmed by RuPaul. Yes, that RuPaul. (Reading being, after all, fundamental.) Allstora, announced today*, is a membership-based bookstore that offers a profit-split to authors. RuPaul serves as Allstora’s Chief Creative Officer and... Continue reading at Literrary Hub

[ Literrary Hub | 2024-03-04 16:45:28 UTC ]
More news stories like this


The UK’s Nibbies: Small Press and Bookstore Shortlists

With its award ceremony coming up in May, the British Book Awards program has released its bookstore and small-press shortlists. The post The UK’s Nibbies: Small Press and Bookstore Shortlists appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-03-04 16:24:55 UTC ]
More news stories like this


RuPaul Is Sending a Rainbow Bus to Give Away Books Targeted by Bans

The star, whose show “RuPaul’s Drag Race” has an international following, is one of the founders of a new online bookstore promoting underrepresented authors. The giveaways are part of its outreach. Continue reading at The New York Times

[ The New York Times | 2024-03-04 15:05:30 UTC ]
More news stories like this


Rights Edition: London Book Fair’s Rights Center: 500+ Tables

The International Rights Center at London Book Fair is 'slightly' bigger than last year, and returns to ground floor for 2024. The post Rights Edition: London Book Fair’s Rights Center: 500+ Tables appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-03-01 19:34:09 UTC ]
More news stories like this


She poured her heart into Arcadia's Book Rack. Now the small bookstore is closing

Book Rack is the second San Gabriel Valley bookstore to face a reckoning this year. The owner of Vroman's in Pasadena put the store up for sale because he wants to retire. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-02-26 11:00:30 UTC ]
More news stories like this


Bring Back the Big, Comfortable Bookstore Reading Chair

This was a regular feature of my childhood, though it feels so long ago and far away, conceptually as well as literally, that I nearly forgot it ever happened: I’d go into town to the mall with my mom, and she’d drop me at the doors of the Borders or Barnes and Noble while she […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-19 09:55:59 UTC ]
More news stories like this


The Small Bookstore Dedicated To Romance Tells Us Their Favorite Romantic Reads

The Ripped Bodice knows the romance genre inside and out — and they revealed the swoon-worthy books to read right now. Continue reading at HuffPost

[ HuffPost | 2024-02-13 10:45:18 UTC ]
More news stories like this


Winter Institute 2024: Keynote Speakers Share Business World Wisdom

Private equity investor James Rhee, author of 'Red Helicopter,' suggested ways to amplify a bookstore or brand’s intangible qualities, and conflict resolution specialist William Ury, author of 'Possible,' advised booksellers on how to deal with people's differences "constructively." Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-13 05:00:00 UTC ]
More news stories like this


Anna Sui’s new collection is inspired by Agatha Christie, so obviously the runway was at the Strand.

It’s fashion week in New York City, which (alas) doesn’t usually concern us all that much here at Literary Hub. But last night, Anna Sui introduced her fall 2024 collection, entitled “WHODUNNIT!!!,” with a runway show at iconic bookstore The Strand—to best set the stage for its literary... Continue reading at Literrary Hub

[ Literrary Hub | 2024-02-12 18:52:59 UTC ]
More news stories like this


Paramount+ Unveils Adaptation of A GENTLEMAN IN MOSCOW

Ewan MacGregor's marvelous mustache, a legendary California bookstore is up for sale, and Florida is (sigh) at it again. Continue reading at Book Riot

[ Book Riot | 2024-02-08 15:42:21 UTC ]
More news stories like this


130-Year-Old California Bookstore Seeks Buyer

Vroman’s is a community landmark in Pasadena, Calif. Now, its longtime owner says he’s ready to turn over the reins. Continue reading at The New York Times

[ The New York Times | 2024-02-08 14:22:44 UTC ]
More news stories like this


Indigo Books and Music Gets a Buyout Offer

Two investment firms led by Canadian billionaire Gerald Schwartz—an Indigo board member, husband of founder Heather Reisman, and the company's majority owner—has made an offer to acquire the remaining shares of Canada's largest bookstore chain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-05 05:00:00 UTC ]
More news stories like this


Bookish Valentine’s Day Sweatshirts to Celebrate Your One True Love

Wear these fun bookish Valentine's Day sweatshirts to go out to pick up your latest bookstore or library finds and more. - Kelly Jensen Continue reading at Book Riot

[ Book Riot | 2024-01-29 11:30:00 UTC ]
More news stories like this


City Lights Workers Establish a Union

Bookstore workers at San Francisco’s City Lights Booksellers and Publishers have agreed to unionize, with the City Lights Workers Union joining the Industrial Workers of the World Local 660. City Lights management has voluntarily recognized the union. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-29 05:00:00 UTC ]
More news stories like this


Wild Rumpus Bookstore Ownership Transferred to Four Employees

Collette Morgan, owner of the Minneapolis children's bookstore that she and her then-husband opened in 1992, has transferred its ownership to four of the store's eight employees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-01-19 05:00:00 UTC ]
More news stories like this


Pasadena's historic Vroman's bookstore up for sale, along with Book Soup

Vroman's, a longtime Pasadena bookstore, is for sale. Its owner is also looking to sell its second Pasadena location and Book Soup in West Hollywood. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-01-18 18:16:13 UTC ]
More news stories like this


Recovering the ‘Aryan worldview’: the West Australian book publisher under scrutiny over far right texts

Imperium Press, whose blog fosters a worldview it calls ‘folkishness’, has become an intellectual resource for the far right, but its works are widely available through mainstream sourcesGet our morning and afternoon news emails, free app or daily news podcastAt least one Australian-based online... Continue reading at The Guardian

[ The Guardian | 2024-01-14 14:00:30 UTC ]
More news stories like this


Lit Hub Daily: January 11, 2024

How Alexandria Ocasio-Cortez rose up and won an underdog political victory. | Lit Hub Politics Lauren Groff talks about what it’s like to open a bookstore in Florida right now. | Lit Hub Selfishly curated experiences: İnci Atrek on how planning trips can inform novel writing. | Lit Hub Langston... Continue reading at Literrary Hub

[ Literrary Hub | 2024-01-11 11:30:15 UTC ]
More news stories like this


Lauren Groff on Opening a Bookstore in Florida

Novelist Lauren Groff joins co-hosts Whitney Terrell and V.V. Ganeshananthan to discuss the new independent bookstore she and her husband are planning in Gainesville, Florida. The Lynx, which Groff aims to open this spring, will feature banned books, an act of resistance in a state where more... Continue reading at Literrary Hub

[ Literrary Hub | 2024-01-11 09:04:26 UTC ]
More news stories like this