LA’s ‘Literary Oasis’ May Dry Up

A landmark independent bookstore is facing possible closure in Los Angeles because its landlord wants to redevelop the site to take advantage of a surge in real estate prices. “In a neighborhood where median housing prices approach $2 million, neighbors fear the loss of a quirky, laid-back community gathering spot. But a reckoning between the burgeoning Westside real estate marketplace and this rambling, anachronistic store seems inevitable.”