Time Out"> clock menu more-arrow no yes

Filed under:

Posman Books in Grand Central Being Replaced With a Walkway

Photo: <a href="http://www.timeout.com/new-york-kids/shopping/posman-books-independent-retailers-1">Time Out</a>
Photo: Time Out

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

It's the end of the road for the Grand Central Terminal location of Posman Books—and the beginning of a new road, sort of. Crain's New York reports that the independent bookseller will close on December 31st of this year, after which the Metropolitan Transit Authority will use the 5,000-square-foot space first as a temporary construction storage unit and later as a walkway for "improved pedestrian circulation."

"It's very sad for the whole Grand Central community," Posman vice president Robert Fader told the business publication. "It's shocking." The walkway plan is part of the transit improvements tied into the One Vanderbilt project.

Meanwhile, the bookseller still has locations in Rockefeller Center and Chelsea Market, plus a forthcoming outpost at Brookfield Place.

· End of Story for Grand Central's Posman Books [Crain's]
· Posman Books Headed for Brookfield Place [Racked NY]
· How to Stay in Business If You're an Independent Bookstore [Racked NY]

Posman Books

89 East 42nd Street, New York, NY 10017