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Archive for 'Economy'

Bull and Bear Market

Check out Recession Art’s Bull and Bear Market this weekend, featuring affordable arts and crafts from local artists at The Invisible Dog- great for holiday gifts! There will also be a bake sale, face painting, a rock band competition, gingerbread decorating, and holiday gifts for the adults. The event takes place this Sunday, December 13, [...]

Jim Mamary’s empire shrinks

Following the news of Cafe Bueno’s closure, today’s Real Deal features an article on the decline of the Jim Mamary (best known for Patois) restaurant empire. Staffers from Cafe Bueno learned that the restaurant would be closing at their December 1 staff meeting. Since 1963, part of the complex at the intersection of Smith and [...]

The rise of the local chain

Embedded video from CNN Video
CNN features a story on a “new” phenomenon: the local chain. And what better area to focus on than Smith Street, where Patrick Watson and his wife Michelle Pravda have a mini-empire with Smith & Vine, Stinky Bklyn, and the Jakewalk. Also mentioned in the story is Loretta Gendville, owner [...]

Inflated rents lead to empty storefronts

The Daily News spoke to Brooklyn small business owners who were left with no choice but to vacate the their space due to inflated rents. Mentioned in the article are Kyung Dong Oh and his wife Kyung Ja Oh, who closed the doors to their Cobble Hill dry cleaners for good in March of last [...]