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St. Mark’s Bookshop Back From the Brink

Bookshop presserJamie Larson Owner of St. Mark’s Bookshop Terrence McCoy, along with Borough President Scott Stringer, Cooper Union President Jamshed Bharucha and others.

Cooper Union has eased the St. Mark’s Bookshop financial burden — somewhat.

A day after students from the school protested the possibility that they would have to pay tuition for the first time in more than a century (we’ve now added video of that demonstration to our initial post), politicians, community activists, school officials and the bookshop’s owners officially brought the two-month rent dispute to an end at a press conference this morning.

Under the agreement for the next year, Cooper Union will, as reported by The Times last night, cut the bookshop’s rent by $2,500 from its current rate, $20,000 a month.

Cooper Union will also forgive $7,500 of the shop’s debt and send a team of students to work with the owners on creating a new business plan. The agreement, which only last week seemed dead in the water, should save the store $40,000 over the next year, according to Manhattan Borough President Scott Stringer, who took credit for bringing an end to the standoff.
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Beer and Wine For Jane’s Sweet Buns

Stephen Rex Brown Board Member Alexandra Militano discussed October’s applications for liquor licenses.

Community Board 3 approved Jane’s Sweet Buns application for a beer and wine license last night, paving the way for the bakery to pair alcohol with its desserts.

“Literally 75 percent of our clientele that comes in after 8 p.m. wants to have a glass of wine with their sweet bun or tart,” said Ravi DeRossi, the owner of the business on St. Marks Place between First Avenue and Avenue A. “Wine and dessert go so well together.”

The business was met with skepticism by some members of Community Board 3, however.

“I hear we’re all dying to receive this: A bakery that sells booze,” joked board member Joyce Ravitz.
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