One up on wall street barnes and noble
![one up on wall street barnes and noble one up on wall street barnes and noble](https://fastly.4sqi.net/img/general/600x600/27941711_whi-f2jgEyKwC7wNrLQBp-txHxUiftEXMNkxUUERBB8.jpg)
Any Manhattan B&N customer knows each B&N varies and focuses on its local market. We former Chelsea employees will greatly miss the amazing space and clientele. B&N did a great job working with employees over the last few months and trying to make the transition as smooth as possible. None went to the new Tribeca store, as they were fully staffed. Rather, most employees were pretty evenly distributedīetween Union Square and Lincoln Triangle – the chain’s two largest stores, with smaller numbers going to 86th & 2nd, 82nd & Broadway, 46th & 5th, and a couple other Manhattan &īrooklyn stores. Klipper is quoted as saying that most employees of the store were transferred to Union Square or Tribeca. There’s also an error in the story above… Mr. With that in mind, it’ll be interesting to see how long the space sits on the market. But a 500% increase in rent simply could not be absorbedĪnd passed on to customers… that would have equated to an annual $10 million + rent bill. “It’sĪs an employee of the store, I can assure all above that the store’s business was fine… we were #5 or 6 in the entire chain in terms of sales. Wei departed - a neighbor, to judge from the blue laundry cart she had in tow - delivered her own brief eulogy. Is it possible? Have things taken such a turn in Manhattan that we are growing nostalgic for Barnes & Noble the big bully that was once so easy to blame for the demise of the neighborhood bookshop?Ī middle-aged woman who passed by the locked doors on Tuesday after Mr. The décor is standard B&N issue, though it is ennobled here by colossal columns from the days in the early 20th century when this was the Adams Dry Goods emporium.įamiliar as the store looks, it now seems poignantly remote, a relic from another age. But this shield is not seamless, and one can glimpse slices of
#One up on wall street barnes and noble windows#
Where plate glass windows beckoned browsers as recently as last weekend, there now hang rolls of kraft paper, intended to block the view of passers-by. The next big box came and the next big box came.”Īnd that’s what the landlord is looking for, according to the sign in the window: “Big Box Retail.” Ideas have already surfaced on the Racked blog. “When we came, it put a foothold in the area. “We were very concerned whether anybody would shop there,” he said. Klipper recalled signing the lease 15 years ago when that stretch of Sixth Avenue was just beginning to wake up from a long slumber. ( The Astor Place store also recently closed.) Klipper said that “nobody likes closing stores - trust me,” and added that most of the employees in Chelsea had been transferred to the Union Square or TriBeCa branches. The 14-year-old Barnes & Noble on the stretch of the Avenue of the Americas known as Ladies’ Mile closed Monday evening. We have not been able to find a suitable location at rents that are affordable.” We’ve been looking two, three years for a replacement. “The brokers came in and put crazy numbers in their minds. Klipper,Ĭhief operating officer of Barnes & Noble. “In anticipation of the lease coming up, we tried negotiating with the landlord,” said Mitchell S. No, it had to do with - well, you can imagine what it had to do with. Wei said, wondering whether this was somehow connected to the foreclosure crisis. “I had heard some bad things about the U.S. The 35,000-square-foot store, among the larger units in the chain, closed on Monday evening after 14 years in business. His hotel had recommended this particularīarnes & Noble for the strength of its art section.īut Mr. He was looking for monographs of Sam Francis, Keith Haring, James Rosenquist and Frank Stella, whose work the gallery plans to exhibit. Wei Wei, visiting New York from the Michael Schultz Gallery in Beijing, showed up on Tuesday morning at the blocklong Barnes & Noble on the Avenue of the Americas, between 21st and 22nd Streets, in the old Ladies’ Mile shopping district. What had been an almost 200-foot-long display of books and CDs and DVDs was an unrelieved blank spot between 21st and 22nd Streets.