By Kim Velsey 10:10am

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St. Mark's Last Stand: the bookstore turns to crowdfunding (full-stop.net)

St. Mark’s Bookshop Jumps On Crowdfunding Bandwagon

After trying just about everything everything else to survive, St. Mark’s Bookshop is finally turning to crowdfunding. It was about time. From Brooklyn’s Broken Angel house to the Lower East Side’s Cake Shop, crowdfunding has become a favorite of beloved but penurious institutions and not-quite-lost causes.

St. Mark’s, hoping to help fund a move to a cheaper location, has launched a Lucky Ant campaign to crowdsource $23,000, according to Crain’s. Like so many other stores and people who have long called Manhattan home, the book store can’t afford to pay its rent and needs to relocate. With its rent reduction of $2,500 a month from landlord Cooper Union set to expire in November, the store is now trying to marshal funds for a move. Read More

By Kim Velsey 7/17/12 1:00pm

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St. Mark's needs help!

St. Mark’s Bookstore Needs (Another) Shot In the Arm

It is beloved by cultural icons, borough presidents and bookworms far and wide, but the St. Mark’s bookshop needs more than love to survive its latest trials and tribulations. It needs money.

The bookstore requires an infusion to make it through the summer slump, when readers turn to cheap paperbacks acquired at airports and magazines for their beach reading. Read More

By Emily Witt 11/03/11 9:00am

Rent Checks

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St. Mark's Bookshop Spared Rental Doom

St. 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. Read More