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The closure of the Pérgamo bookstore, the oldest in Madrid, symbolizes the threat faced by 80% of the bookstores in the capital due to real estate speculation and gentrification, reflecting a worrying trend in the conservation of culture and small businesses in the city. #CierreLibrería #CulturaMadrid #Gentrificación (translated)

The Pérgamo bookstore, the oldest in Madrid, will close its doors on November 17 after being unable to renew its rental contract due to real estate pressure, which has led its manager, Pablo Cerezo, to denounce the voracity of the market and the gentrification affecting cultural spaces. #Pérgamo #CierreLibrería #Gentrificación (translated)