INDEPENDENT BOOKSTORES: PAST AND PRESENT
Gotham Book Mart (3rd Location)
(Prior or Subsequent Locations)by Farah Momin, at Dec. 18, 2011, 5:46 p.m.
Bookstore: Gotham Book Mart (3rd Location)
Location: POINT (-73.9807802306074933 40.7576642072953774)
Address: 41 W. 47th St., New York, NY
Related Image:
Image Source: Nick Fargnoli, president of the James Joyce Society, at the Gotham Book Mart in 2002. Image via http://joycesociety.org/history.html.
Information: Gotham Book Mart operated at this location from 1946 to 2004. Below is a timeline of its occupation here: 1946 - Frances Steloff purchased the building from Columbia University for $65,000. 1947 - The James Joyce Society was founded at Gotham Book Mark. T.S. Eliot was the first member, and Frances Steloff served as the treasurer. 1967 - Steloff sells the store to Andreas Brown but continued to live in an apartment above the store and worked there as a consultant. After the sale of ownership, Steloff donated the building the American Friends of the Hebrew University Foundation under the condition that they allow Brown to later buy back the building. 1987 - Brown buys the building for $1 million. 1989 - Frances Steloff dies at age 101. 1995 - Joanne Carson sues Brown, claiming she had lent him $640,000 to purchase and repair the building and demanded that she be paid back with interest. 1997 - Brown and Carson settled the suit with Brown agreeing to pay Carson $1.4 million by Feb. 2000. 2003 - Brown sold the five-story building to Boris Aranov for $7.2 million. 2004 - Brown moved the store to 16 E. 46th St., a space that had previously been occupied by the H.P. Kraus antiquarian bookstore.
Sources:
Other Location: Gotham Book Mart
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