Tuesday, March 3, 2009

Hotel Group Backs Out Of Building New Donnell Library, After Old Library Gutted- It sounded like a good idea to somebody, although I am not sure who. The New York Public Library sold the Donnell library to Orient Express Hotels so that a hotel could be built on the site (at 24 West 53rd St.) and a smaller library could be built on part of the first floor and basement. So the library closed, the books were moved or sold, and the facility was gutted. The problem is that Orient has now backed out of the deal and is negotiating as to whether it has to give the security back. The excuse, of course was the global financial crisis, blah, blah, blah. What started out as a bad idea is now far worse.
Picture Credit: Drivenbyboredom.com. More:
The Donnell Library, A Eulogy In Pictures (Driven By Boredom)
Hotel Company Backs Out Of Donnell Library Plan (Library Journal)

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