Word: bookshops
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Dates: during 1990-1999
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...France, another restaurant, used to occupy the site of the new Au Bon Pain, but shut down a few months ago after its lease expired and its rent increased dramatically. A similar rent hike led to the closing of the Penguin Bookshop, located in the same building...
Somewhat smaller but more sophisticated is Pangloss Bookshop at 65 Mt. Auburn St., specializing in hardcover non-fiction. Pangloss's academic offerings, although a bit pricey, attract Cambridge's intellectual elite, and have made the store a favorite among Harvard faculty members...
Managers of Vie de France, which quit business last fall, said in December that building owners Dupree Associates planned to hike rents more than 50 percent to more than $30 per square foot. A neighboring lease holder in the building, the Penguin Bookshop, also quit business that month...