THE BRONX - Barnes & Noble is closing its last bookstore in the Bronx.

The Bay Plaza store will close by the end of the year.

The store almost shut down two years ago but was saved due to a large community effort.

A Barnes & Noble spokesperson told News 12 that "though we were paying substantial rents at this location, the property owner has decided to lease the space to another retailer who was willing to pay more."

Councilman James Vacca says the store was offered a smaller location at Bay Plaza outside the mall.

"Bay Plaza has made it clear to them they would like them to stay and so would we. The community would like Barnes & Noble to stay here and that is very important," he said.

Barnes & Noble said it initially had discussions with the property owner in the hope of coming to an agreement.

The name of the business taking the space has not been announced.