McNally Jackson Plots Massive Expansion with 2 New Bookstores

Posted on: February 12th, 2019 at 5:00 am by

Pitching the McNally Jackson space, Photo: Winick Realty

What appeared to be desperation just a few months ago is now completely turned around for McNally Jackson Books.

Despite the scare back in October, the independent book shop is staying at 52 Prince Street, as first reported here. So sound is their business, in fact, that the company just spawned two new large-format bookstores.

Vulture spilled wells of ink on the subject yesterday, noting that the bookshop is opening branches at the South Street Seaport and City Point mall (joining other Manhattan neighbors like Katz’s Deli). The latter will occupy 5,300 square-feet across two floors – roughly equivalent to the flagship – while the former is even larger at 7,000 square-feet spanning several buildings. Both are on a fall 2019 opening schedule. And interestingly, landlords for both locations approached her for the leases.

As for the Little Italy original, with lease headaches in the rearview, McNally is planning renovations – more shelving and a paint job. The current landlord, Alex Berley, had cut her a deal to stay after news leaked of a $500,000 rent hike. They instead settled in the middle for an annual dole of $650,000, with gradual increases over the next five years.

Sarah McNally first opened the bookstore at 52 Prince Street back in 2004 as part of her family’s McNally Robinson chain. The store became independent four years later, when McNally split and teamed up with her husband Christopher Jackson. It later grew to include a cafe and in-house printing press.

Recent Stories

Displaced Chinatown Business Returns Months After Devastating Fire

Four months after a deadly fire knocked out 78 Mulberry Street, one of its businesses returned to the scene. Ewa Trading Company reopened in its former Chinatown home earlier this week. The store had spent some of the interim displacement period selling from a shuttered Vietnamese restaurant a few paces north. The two-alarm fire broke […]

EDC Sues Essex Restaurant for Back Rent over Former Essex Market Lease

Three years removed from its relocation across Rivington Street, the city filed suit against the Essex restaurant for alleged unpaid rent. The Economic Development Corporation (EDC) sued Essex for nearly $60,000 in unpaid back rent on the former Essex Market building it previously occupied, according to the lawsuit filed Monday. The city entity claims that […]

Exile on Orchard Street: Tenement Museum Recreates Exhibits During Renovations

The Tenement Museum is amidst a preservation project at 97 Orchard Street, but will continue its programming with replicas not too far away. The 1863-era tenement this past Sunday embarked on “vital” restoration work to preserve its walls, floors, roof, as well as the installation of a new HVAC system that will provide improved climate […]

Former Home of Stanton Social on the LES Hits Market for $5.9M

Stanton Social has been in the grave for nearly four years. Now, its former home is back on the market. The two-story building – located at 99 Stanton Street in Hell Square – carries an asking price of $5.9 million. B6 Real Estate Advisors is listed as the exclusive brokerage for the property, which has […]

DOT to Pave Pock-Marked Pell Street; Sheds Removed

Pell Street is finally on deck for a resurfacing, forcing numerous Chinatown businesses to dismantle their street shed annexes. Those who operate outdoor dining sheds along Pell Street received notice this week from the Department of Transportation to dismantle structure ahead of scheduled street repaving. This small neighborhood street – which once terminated at Division – […]