Earlier in the week things weren’t looking so good for St. Mark’s. They’ve been asking Cooper Union for a $5,000/month break in their rent (which is currently $22,500/month), but Cooper Union was using their own financial difficulties to explain why such a decrease was impossible.
Well, apparently they’ve split the difference, and according to this New York Times article, for the next year, the rent will be “only” $17,500/month and Cooper Union will forgive $7,000 of debt owed them.
The school will also provide student help with revising the store’s business plan. [. . .]
In the past year, the bookstore’s owners have reduced their staff through layoffs and have cut their own salaries in half, but it was not enough to offset losses from the poor economy and the rise in sales of electronic books. Mr. Contant said August was the store’s worst month in memory.
But since then, as the store owners went public with their losses, the neighborhood rallied in response. A group called the Cooper Square Committee started a petition to save the store, attracting 40,000 signatures. Business picked up by about 25 percent in September and October, Mr. McCoy said, leading him and Mr. Contant to believe they could continue with a smaller reduction in rent.
The owners have no plans to rehire staff. The store’s finances remain fragile, especially as the current sales levels recede, Mr. Contant said.
The last five days of the eleventh-century Icelandic politician, writer of sagas, and famous murder victim Snorri Sturleleson (the Norwegian spelling, Snorre, is preserved in the book) make up Thorvald Steen’s most recently translated historical fiction, The Little Horse. Murdered. . .
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Reading a genre book—whether fantasy, science fiction, crime, thriller, etc.—which begins to seem excessively, stereotypically bad, I have to make sure to ask myself: is this parodying the flaws of the genre? Usually, this questioning takes its time coming. In. . .
The Sicilian Mafia has always been a rich subject for sensational crime fiction. The Godfather, Goodfellas, and The Sopranos worked the mob’s bloody corpses and family feuds to both entertainment and artistic value. Giuseppe di Piazza’s debut novel attempts this,. . .
Antoine Volodine’s vast project (40 plus novels) of what he calls the post-exotic remains mostly untranslated, so for many of us, understanding it remains touched with mystery, whispers from those “who know,” and guesswork. That’s not to say that, were. . .
It hasn’t quite neared the pitch of the waiting-in-line-at-midnight Harry Potter days, but in small bookstores and reading circles of New York City, an aura has attended the novelist Elena Ferrante and her works. One part curiosity (Who is she?),. . .