[EVG file photo]
As we first reported back on April 7, Shakespeare & Co. had lost the lease to its longtime home at 716 Broadway.
Now comes word that the bookstore will officially close at the end of this month, an employee told Gothamist.
Per Gothamist:
Right now, books and other merchandise are on sale at the Broadway store for 30 to 50 percent off. Go purchase some, and experience the soon-to-be-extinct joy of turning real, paper pages.
The current asking rent is $50,000 for the storefront between Washington Place and Waverly Place. A broker told The Commercial Observer that is likely two or three times what Shakespeare is paying now.
Previously on EV Grieve:
Reader report: Shakespeare & Company loses lease on Broadway
Shakespeare & Company space is for lease on Broadway