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TERENCE MCCOY

St. Mark’s Bookshop Pushes Cooper Union For Lower Rent

IMG_0008Khristopher J. Brooks St. Mark’s Bookshop at 31 Third Avenue.

The co-owners of one of the neighborhood’s most popular bookstores pleaded to members of Community Board 3 last night for help as they struggle to stay in business.

The causes of the St. Mark’s Bookshop’s financial woes (a book industry in free-fall amid the rise of e-readers and online retailers) have been well documented. Things became so dire that the owners even posted an ominous note in the store entrance, saying “Find it here, buy it here, keep us here.”

Now, the store’s owners are pressing their landlord, Cooper Union, to reduce the $20,000-per-month rent for the space in the base of the dormitory building at Third Avenue and Stuyvesant Street. Read more…