Jun 29
Strand Bookstore is a staple in Manhattan. And they are having to close one of their stores in the neat future. Why? A greedy landlord.
The Strand Book Store is closing its Strand Book Annex at 95 Fulton Street, effective August 31, 2008.
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.
The Strand owns the building its main store is in, so lease hikes are not a problem there.
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