Sky-high rents are forcing many of Manhattan’s bookstores to close or move out of Manhattan according to today’s disheartening article in the New York Times. Independent stores Coliseum Books, Shakespeare and Company, Endicott Booksellers and Murder Ink have all closed and now the big chain stores like Barnes & Noble are closing as well. Biographer and historian Robert Caro said the loss of bookstores from Manhattan is “a profoundly significant and depressing indication of where our culture is.” Chief executive of Hachette Books said “compared to other cities, New York is no longer a bookstore city.” You can read the entire article here.
Laura