As you may know, Barnes & Noble announced yesterday that they will close their big 60,000-square-foot Lincoln Center store in New York at the end of the next January after being unable to negotiate an acceptable lease after 15 years in the location. Spokesperson Mary Ellen Keating said “the increased rent that would be required to stay in the location makes it economically impossible for us to extend the lease.” (The NY Daily News cites real estate experts who expect that the asking price will be double to triple what BN has been paying, at $250 to $300 a square […]
