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‘We have no choice’: rent hike forces Montreal’s Astro Books to close

WATCH: After more than 30 years in business, Ste-Catherine Street's Astro Books – which specializes in comics – will soon be closing up shop. As Global's Felicia Parrillo reports, the owners just can't afford to stay – Apr 1, 2018

Betty Stock Handleman and her brother, Paul, have been running Librairie Astro — also known as Astro Books — on Ste-Catherine Street, for more than three decades.

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The store has gone through its share of ups and downs, but the last year has been particularly difficult, Handleman says.

“If we couldn’t make it at this rent — double the rent? Forget it,” she said.

READ MORE: Montreal’s Ste-Catherine Street construction begins

Last October, the building that houses the bookstore was sold to a new owner, who decided to up their monthly rent from $3,500 to $9,500 — a cost Handleman said the store simply can’t afford.

“We’re closing,” Handleman said. “We have no choice.”

READ MORE: Ste-Catherine Street vacancies mirror the rise of online shopping

Beginning this week, Astro’s books, comics, cards, CDs and more will be on sale — everything must go, the store owners say.

Jean-Marc Pellerin, who has been working at Astro on and off for the past 25 years says seeing the shop close will be heartbreaking.

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“There’s not many stores like this left in Montreal,” he said. “There used to be four [or] five bookstores in this area, and now we’re one of the last ones open.”

READ MORE: ‘I’m up to over 4,000’: A look at comic book fandom

Handleman, 72, says though closing their longtime business will be difficult, she and her brother, 68, aren’t able at their age to open a new location.

The store will close its doors for good at the end of June.

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