Business & Tech
Syosset Borders Saga Continues with Lease Issues
Hangups with leases mean Borders still stands vacant without a buyer.
Just over two months ago, Borders of Syosset closed their doors after the book retailer giant filed for bankruptcy. The building still stands vacant and the only thing close to filling the empty store was limited-time-only Spirit Halloween in October.
Issues with lease agreements have held up the sale and transformation of the property into a new business.
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We explore the history of the Borders saga and ask you, what now?
February 4th, 2011
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are released.
June 10th, 2011
.
July 19th, 2011
“I was just really upset,” Vogelsberg said. “Not just for myself, but for other employees. This place has been home, for so many people.”
Book Revue owner says demise of retail giant both positive and negative for book industry.
July 22nd, 2011
A view of the book store in Syosset as they prepare to shut down.
September 6th, 2011
Sunday, September 18th, 2011
Syosset Borders finally closes its doors.
October 2011
Borders became Spirit Halloween a temporary lease for Halloween decorations.
November 2011
Spirit Halloween closed the first week of November after the Halloween season ends.
Today
Borders still stands empty and without action.
Recently, the Hicksville Barnes & Noble closed their doors and considered splitting the business into smaller properties rather than a big store. Since Syosset is now without a larger book and accessory store, is the neighborhood a good place for a Barnes & Noble?
Lease issues and agreements are in the process of turning the property over to be sold. Stay with Patch this week for more information.
