The Strand Bookstore’s Fulton Street location in downtown NYC will close August 31. The lease is up for renewal and the landlord plans to increase rent by 300%, according to the Downtown Express. The Strand’s owner issued some rather stoic statements, citing that the bookstore was merely a victim of circumstance (rents, construction) and that he didn’t see the closing as a sign of bad business. Though I have faith in the strength adaptability of The Strand (their flagship Broadway store and Central Park kiosks will remain open), it’s still heartbreaking to see such a fantastic store close its doors. Does anyone know who the landlord is?
June 27, 2008
Bring us his head!
MS
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