St. Mark's Bookshop Spared Rental Doom

img 2505 s St. Mark's Bookshop Spared Rental DoomSt. Mark’s Bookshop has finally struck a deal with its landlord, Cooper Union, to lower its rent. According to this New York Times article the university is having financial problems of its own and might begin charging tuition, but Scott Stringer, the Manhattan borough president, has intervened for the time being to negotiate a deal between the college and the book store. Cooper Union has given the book store a break on its debt and lower rent to regroup and “come up with a viable and sustainable business plan not dependent on further subsidies.” So there will still be a place in the East Village to buy Foucault, and Manhattan is not yet a soulless strip of chain stores.

Comments

  1. ynarneepnin says:

    I wish the Manhattan borough president could intervene with my landlord so I could pay a lower rent. hmmm.  Could he also intervene with my insurance company so i can afford the medication and treatments that I need? We lerve St. Marks books, but I’m my take-home pay is less than it was 2 years ago.