Blink › 2009
Cambridge's Out of Town News survives
I'm pleased to report that the Out of Town News kiosk in Harvard Square is not ready for a 30. It apparently has found a new proprietor. I wrote in November that the long time owner was intent on closing it when its lease expired at the end of that month. It agreed with the landlord-- the City of Cambridge-- to remain open through January while a new operator was sought.
The Cambridge Chronicle reported last week that there were four bidders. The high bidder was an outfit that runs several other newsstands in the Boston area. At $140 per square feet for the 451 square foot landmark, the rent will actually be a bit higher than the previous owner paid. Reports of the death of Out of Town News were pre-mature.
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