CLOSED: Coney Island Souvenir Shop, 1987-2011. Its signs were put in the dumpster. Photo © Tricia Vita/me-myself-i via flickr
One of Coney Island’s oldest Mom & Pops quietly went out of business after losing their lease due to Zamperla USA’s redevelopment of the City-owned Boardwalk. Coney Island Souvenir Shop, located next to Ruby’s Bar on the Boardwalk, was started 25 years ago by Tommy Suh. After he died last year, his wife Sue and their son Rob carried on the family business.
Last week in Coney Island, work crews were busy cleaning out whatever had been left behind by the evicted Boardwalk shops. It was sad to see the familiar red-and-white sign from the Souvenir Shop about to be rolled into a dumpster. A second sign was already inside, its yellow lettering peering over the top. For as long as we’ve been coming to Coney Island, the Suh family has been rolling these signs in and out of the shop at the beginning and end of the business day.
Mrs. Suh in her family's souvenir shop on the Boardwalk in happier days. April 1, 2010. Photo © Tricia Vita//me-myself-i via flickr
Compared to Ruby’s or Paul’s Daughter, the closing of Coney Island Souvenir and the other small businesses on the Boardwalk attracted very little media attention. In Bloomberg’s New York City, seeing a shuttered store where a longtime business was yesterday is so common that it’s not newsworthy unless the place is a local legend or the last of its kind. Even the blog Jeremiah’s Vanishing New York, which has paid tribute to hundreds of vanished places since 2007 couldn’t possibly cover them all. After looking up VNY’s first year-end tally— “Combined, we’ve seen close to 1,000 years of New York history vanish in 2007”– we didn’t have the fortitude to continue the count.
Last November, when the Boardwalk Mom and Pops were fighting their eviction, we first came across this 2009 article on the web: “New York Closes Shop” by small business advocate Stephen Null. It contains some stunning statistics on the number of small businesses that have closed during the Bloomberg administration:
A reliable way to evaluate the stability of New York City’s small business community is to examine the number of Commercial Warrants for Eviction. The majority of these warrants are issued to “holdover commercial tenants” whose leases have expired, and who can’t afford to pay the new, higher rent. The consensus of business organizations is that these warrants represent about one third of small businesses; the ones that stay and fight in court. The other two-thirds walk away without a fight.During what many consider the reign of terror for small businesses — 1986-1989, the last 4 years of Koch’s term — 17,433 warrants were issued to evict small businesses, out of approximately 53,000 total small business failures. During the last full four years under Bloomberg, 2005-2008, 27,809 warrants were issued to evict, with about 83,000 small businesses forced to close. Since the successful businessman Bloomberg took office, around 152,964 small businesses have been forced to go out of business.
Keep in mind Null’s article was published in August 2009 and the stats do not cover the last three years of the Bloomberg administration. Is anyone still keeping track? To these statistics, we add six of the original Coney Island 8: Coney Island Souvenir Shop, Steve’s Grill House, Beer Island, Shoot the Freak, Cha Cha’s and Gyro Corner Clam Bar.
Zamperla’s policy of squeezing out Boardwalk businesses through evictions and offering ridiculously expensive lease deals is counter to the Coney Island Development Corporation’s mission of encouraging the development and retention of existing businesses. If the Coney Island 8 hadn’t fought in court and won a one-year reprieve, it’s very likely we’d have a shuttered Boardwalk and a Miami restaurateur would be bankrupt. The CI8 did the City and Zamperla a favor.
Now let’s see if Ruby’s and Paul’s Daughter can afford to sign those leases that they were offered more than one month ago by CAI, operator of Zamperla’s Luna Park. Sources tell ATZ that negotiations were extended another two weeks. Nobody wants to see the last of the Boardwalk Mom & Pops join the sad statistics of small businesses forced to close during the Bloomberg administration.
Closed: Coney Island Souvenir Shop, 1987-2011. Photo © Tricia Vita/me-myself-i via flickr
Related posts on ATZ…
November 13, 2011: The End of Paul’s Daughter As We Know It–Will They Return?
October 20, 2011: Reversal of Fortune on the Coney Island Boardwalk
March 3, 2011: The Lowdown on Sodexo’s Sweet Deal in Coney Island
November 1, 2010: Out With the Old in Coney Island: Only 2 of 11 Boardwalk Businesses Invited Back
Read Full Post »