We walked by the Eldridge this morning and saw new signage promising “Rare Books” and “Used Books.” Genius! Apparently, when Matt Levine told us and then Bottomless Dish, Good Night Mr. Lewis, and Paper that he was going to open an exclusive club, he was just faking everyone out. It’s actually a bookstore he’s opening! A bookstore that everyone thinks is a club! A very noble endeavor, but we have to warn you, Mr. Levine: Even with the low rent, it’s very hard to hack it as a bookstore these days. We give it a year.

Related: Matt Levine Won’t Let You Into the Eldridge Unless You’re His Friend