Owner Ed Hermance announced last week that an LGBT-related organization expressed interest in purchasing Giovanni’s Room and told PGN this week that the group is still deciding on the possible sale.
The organization, the name of which Hermance has not disclosed to the public, is expected to make a decision next month.
“We are closed pending the decision of this group, which I hope to have in the middle of June,” he said. “They will look at the building next week.”
Hermance announced his retirement late last year and last month said he would close the nation’s oldest bookstore after a sale agreement could not be reached.
The store will be open on weekdays for customers to pick up inventory. The store is donating 25 boxes of archival material to the William Way LGBT Community Center.