[Photo by Allen Semanco]
We're hearing that a rent hike will make it impossible for A.K. Shoe Repair to continue in business much longer at 350 E. Ninth St. between First Avenue and Second Avenue.
EVG reader Allen Semanco spoke with Albert, who took over the longtime business from his retired father.
In order to afford the higher rent, he would have to increase his business, but rent plus fixed expenses plus supplies would be $7,000-$8,000 per month. Dividing that by 24 working days per month just does not compute. Albert tells me his best hope is to find a business with a lot of space that wants to sub-rent some of it for him and his equipment.
Hopefully Albert can find ideal space around here or in another neighborhood. If A.K. Shoe Repair does end up closing, then this is the second East Village shoe-repair shop to shut down in recent weeks. Alex Shoe Repair closed at the end of July at 57 Second Ave. after Icon Realty reportedly upped the monthly rent from $4,000 to $14,000.
At some point we'll do a post on the remaining shoe-repair shops in the neighborhood... what's left of them.