“Two and a half years ago Andy Laties was selected to replace Bank Street Bookstore’s irreplaceable longtime manager, Beth Puffer. His task was to help save the bookstore from closure after years of rent increases had eroded its sustainability. Today he is delighted to report that a new storefront on the corner of 107th Street and Broadway has been secured — at a dramatically reduced rent. The Bank Street Board of Trustees and our new president Shael Polakow-Suransky, have arranged for the bookstore to move there early next year. Bank Street Bookstore will continue, with your support, to serve you for many years to come.
Bank Street Bookstore will say goodbye to its current location at 112th and Broadway in March 2015. The new location is at 107th and Broadway.”
Bankstreet also announced that it will be holding a series of “markdown sales” before the move and start a membership program called the “Friends of Bankstreet.”
The news was broken by the New York Times on Monday, in an article referring to a mini-revival for the disappearing Upper West Side bookstore. The article quoted our piece on Book Culture, which is opening a new location on Columbus between 81st and 82nd.
Photo via Bankstreet Bookstore Facebook page.