Hermance announced his plans to sell the business and also the buildings it inhabits late last year. But the store closed up shop May 17 after negotiations with a potential buyer fell through.
In the spring, Hermance announced that an LGBT-affiliated organization was considering purchasing the bookstore, but he would not disclose the name of the group.
Hermance told PGN this week that he is hoping to have a definitive answer from the organization next week.
“We are still working with the people on the other side and they are trying to get together a lease. I have to look over it before I sign anything,” he said. “It will be at least a couple of days before I know of anything, so I am hoping next week we will have everything together.”
Giovanni’s Room remains closed until a decision is reached.