"We want our loyal customers and booksellers to know that we are ever committed to continuing our search for a new location on the Upper West Side," B&N spokesperson Mary Ellen Keating said.
The location at 1972 Broadway at 66th Street, near Lincoln Center, frequently hosts special events and author promotions that feature Broadway and theatre stars. Tony Award winner Carol Channing recently appeared there to promote her new CD.
Since Tower Records closed across the street, B&N Lincoln Triangle has been the only place near Lincoln Center where a Broadway fan could pick up a cast album, or a classical music fan could get a disc of a favorite opera or symphony. (For the record, the B&N at Fifth Avenue and 45th Street is the closest store to the Broadway theatre district where fans of musicals can peruse a large selection of theatre recordings that are not overpriced for tourists.)
"We recognize that this store has been an important part of the fabric of the Upper West Side community since we opened our doors on Oct. 20, 1995," Keating said. "However, the current lease is at its end of term, and the increased rent that would be required to stay in the location makes it economically impossible for us to extend the lease. Until such a location is found, we urge our customers to shop with us at any of our other Manhattan locations including our other Upper West Side store on West 82nd and Broadway and the three new superstores we opened over the last five years in the city. In July 2009, we opened a more than 50,000-square-foot Upper East Side Barnes & Noble at 86th Street and Lexington Avenue. In 2007, we opened a 36,000-square foot Barnes & Noble at 270 Greenwich Street in Tribeca and in 2005, we opened the more than 34,000-square-foot store located at 555 Fifth Avenue at 45th Street."
Special events will continue at all other locations in Manhattan. As many booksellers as possible will be reassigned to the "remaining New York City and neighboring stores."