Arthur Nusbaum raised the curtain on his second act – Third Mind Books – in January. With an inventory of more than 500 items, the online bookstore devoted to the work and legacy of the Beat Generation shares office space with Nusbaum’s once-primary gig: he’s president of Ann Arbor’s Steppingstone Properties Ltd.
A real estate guy with a thing for William S. Burroughs, Jack Kerouac and the rest of that reckless crew? Incongruous, on the face of it. But a closer look reveals a certain ironic harmony.
“I used to be an activist,” says Nusbaum. No surprise there – this is a fellow whose dazzling energy will find an outlet.
Born in Detroit, he grew up in the suburbs, attended the University of Michigan and returned to Ann Arbor for good in the early 1990s as the concept of New Urbanism was gathering steam in Ann Arbor and across the country. Those principles resonated with him, and as he made the connection between his own business and the intensifying local efforts to rein in suburban sprawl, Nusbaum says, “real estate became more meaningful for me. And that’s reflected in buildings like this.”
He’s speaking from his second-floor suite of offices in Ashley Square, at 123 N. Ashley St. The building – Nusbaum believes it was an auto showroom in its original incarnation – was rehabbed in the 1980s and purchased in the late 1990s by Nusbaum, who relocated Steppingstone there in 2000.
“To make a long story short, that’s the direction I took for the last decade and a half in my business,’’ he says.