Shakespeare & Co., the beloved independent bookstore on Broadway, could close as early as tomorrow. And it might be making way for a Foot Locker, Bedford + Bowery has learned.
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Shakespeare & Co. Booksellers
Shakespeare & Co.: ‘We’re Not Going Anywhere Until Something Happens’
Last we checked in with Shakespeare & Co., it wasn’t ready to comment about rumors of a “possible closure.” Now manager Margot Liddell confirms that the bookstore can’t afford the current rent — an undisclosed figure that she said is triple what it used to pay. But it isn’t ready to admit defeat.
“The store has been for rent for a year,” said Liddell, adding that from her count, the landlord has been through at least three realtors. “No one has rented the space. So we’re here until we’re not. We’re not going anywhere until something happens and that’s the truth.”
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Three Bookselling Institutions Get Ready For Their Next Chapters
There’s real estate news from three of the city’s book-selling institutions.
The rumors about Shakespeare & Co.’s possible closure are getting harder to ignore. The space that houses the decades-old bookstore, at 716 Broadway, is available for lease, said Brendan Gotch, director of retail leasing for Massey Knakal, who is handling the listing.
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