Bookstore owner files bankruptcy, scraps plans to relocate.
The corner of 10th Street and Piedmont Avenue in Midtown is going to have a very different vibe than its had for the past 15 years come Friday morning.
That’s because the corner’s iconic Outwrite Bookstore & Coffeehouse has permanently closed, the bookstore announced in a letter Thursday.
“Since we shared our financial struggles with you nine months ago, we have been very encouraged by the strong show of support. We have listed to your insights and your desire for us to stay in business,” Philip Rafshoon, owner of Outwrite said in the letter. “Unfortunately, we have run out of time and money to make that transformation.”
Outwrite, which was in business for 18 years, spent 15 of those years in its prime Midtown location, at 991 Piedmont Avenue.
Rafshoon first announced Outwrite would most likely close in an email to patrons this past November. In that same email he said the bookstore would relocate and open for business elsewhere.
Outwrite will not relocate, according to Midtown Patch who spoke with Rafshoon Thursday. He reportedly filed for bankruptcy.
“We’ve been trying for months,” Rafshoon told Midtown Patch. “The hole is just way too big.”
At this time, nothing has been confirmed to be replacing the bookstore and coffeehouse.
Developing…
