Outwrite Bookstore & Coffeehouse owes $184,000 in state sales taxes from the past four years and has more than $500,000 in total debts owed, according to court documents filed in U.S. bankruptcy court. The store listed more than $78,000 in total assets, records show.
Outwrite owner Philip Rafshoon announced Jan. 26 the independent LGBT bookstore was closing permanently. Founded in 1993 and located at the corner of 10th Street and Piedmont Avenue for the past 15 years, Outwrite was an iconic Midtown landmark. The bankruptcy filing was made early Thursday morning, about the same time a press release went out stating the store would not relocate as previously said.
Rafshoon announced in November that Outwrite would have to move because its rent was too high. He told the public that the plan was to find a location with cheaper rent and even started a campaign soliciting donations for moving costs, launched with a $1,000 donation from the Lloyd E. Russell Foundation. The store held a “Last Tango” event on Tuesday with numerous author readings.