[LM_NET] GEN: Strand annex to close

["R. Deutsch" <rdlibnyc@GMAIL.COM>]

From the Friday June 27th issue of Shelf Awareness:

"After nearly a quarter century with a presence in lower Manhattan in New
York City, the Strand Book Store is closing its 15,000-sq.-ft. Strand Book
Annex at 95 Fulton Street, effective August 31. Beginning next Monday, all
inventory in the store will be discounted 20%. The Strand's flagship store
at 828 Broadway and Central Park kiosks remain open for business.

The lease on the space was up for renewal, and the landlord planned to raise
the rent 300%, according to the *Downtown
Express*<http://news.shelf-awareness.com/ct.jsp?uz3364977Biz6990151>.
Co-owner Fred Bass told the paper that construction on the street for the
past year hurt business and would continue into 2009. The Strand owns the
building its main store is in, so lease hikes are not a problem there."


-- 
Rena Deutsch, Librarian
Seward Park Campus Schools
350 Grand St.
New York, NY 10002
(212) 475-4148 x435
rdlibnyc@gmail.com

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