Yesterday the New York Public Library announced the five finalists for the 2010 Young Lions Fiction Award, a $10,000 prize awarded each annually to a writer under 35-years-old. In the video embedded above, GalleyCat caught up with last year’s prize winner, Salvatore Scibona.

After the jump, you can watch our interview with 2009 finalist Rivka Galchen. The five finalists for 2010 are:

Jedediah Berry for The Manual of Detection (The Penguin Press)
Katie Kitamura for The Longshot (Free Press)
Philipp Meyer for American Rust (Spiegel and Grau)
C.E. Morgan for All the Living (Farrar, Straus and Giroux)
Wells Tower for Everything Ravaged, Everything Burned (Farrar, Straus and Giroux)

Here’s more about the award: “Established in 2001, this annual award recognizes the work of young authors and celebrates their accomplishments publicly, making a difference in their lives as they continue to build their careers. The Young Lions Fiction Award was spearheaded by Young Lions Committee members Ethan Hawke, Jennifer Rudolph Walsh, Rick Moody, and Hannah McFarland.”

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The Center for Fiction has announced the five finalists for the $10,000 Center for Fiction First Novel Prize.

The prize–once known as the John Sargent Sr. First Novel Prize–went to Hannah Tinti last year for her novel, “The Good Thief.” The Center was founded in 1820 as the Mercantile Library (pictured). The 2009 finalists are: “American Rust” by Philipp Meyer from Spiegel & Grau; “The Cradle” by Patrick Somerville from Little, Brown and Co.; “Tinkers” by Paul Harding from Bellevue Literary Press; “The Vagrants” by Yiyun Lin from Random House; and “Woodsburner” by John Pipkin from Doubleday/Nan A. Talese.

Here’s more from the release: “Librarians, staff, and members of The Center first read submissions and the recommendations of these Common Readers, as they are called, are then forwarded to a committee of distinguished American writers. This committee selects the novels on the short list and the winner.”