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Asked if she would be forced to sell the business that has been in her family for three generations, Wyden told Gothamist on Friday, "You just said that, and my heart dropped."

“The Strand has survived catastrophes, from the Great Depression to 9/11, and weathered the schisms in the book industry that many predicted would put us out of business. After a century of beating the odds, we won’t give up now.”

McNally said in a statement they hoped to rehire the employees eventually.

Anyone who lives and reads in New York City knows that we