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Adobe Bookstore has been struggling to stay at its longtime location at 3166 16th Street, where it's done business since 1988. But Uptown Almanac reports that the landlord is making it next to impossible, with sky-high rent and demands for improvements in the space—which customarily is the job of the landlord, but apparently not in San Francisco's commercial real estate climate.
After raising the rent from $4,500 to $8,000, supporters of the book shop raised more than their goal of $60,000 with a Kickstarter campaign. But running an indie book shop in an $8,000 space doesn't make a ton of sense, an Adobe employee told Uptown Almanac.
High-end men's clothing store Jack Spade, meanwhile, has showed a strong interest in the space, and has even advertised for a store manager position for a "new store opening" in San Francisco without specifying a neighborhood. Jack Spade is owned by large retail conglomerate Fifth & Pacific Companies Inc., formerly Liz Claiborne Inc, but the city's Planning Commission has determined that Jack Spade is not a chain, and has given the company clearance to open up on 16th. The writing appears to be on the wall for Adobe.
· Liz Claiborne Pushing Jack Spade Eviction [Uptown Almanac]
· Jack Spade May Replace 25-Year Mainstay in the Mission [Racked SF]
· Adobe Books [Official Site]