Going on until 2... 2 p.m.
And speaking of recycling...I'll recycle this from last year's MulchFest post...for no good reason.
Ray's landlord is the Leshko family, from whom Ray also rents an apartment in which he lives upstairs from his store. Though the Leshkos have had a good relationship with Ray since Ray opened his store in 1974, Ray says it is Chupa who wants him out. Since 2000, Chupa has been managing the Leshko properties on the Lower East Side. These include Ray's store at 113 Avenue A, 131-33 East Seventh Street and 66 St. Mark's Place.
Ray told The SHADOW that at Chupa's insistence, since 2000, Ray has been renting his store with no lease at $4,000 on a month-to-month basis. According to Ray, under Chupa's management, 25 other stores in the neighborhood are operating without the protection of a lease.
On Thursday night, Chupa told Ray that she has a new tenant who will pay $5,000 per month for his store. If so, Chupa could get a $10,000 commission, the equivalent of two months rent, from the new tenant. As Ray is already paying a peak rent for his small store, and as the neighborhood is already full of empty storefronts, it is doubtful whether a new tenant would be able or willing to pay as much or more for Ray's store.
We lived on the Bowery near the St. Marks from the 60's thru the 80's. It was fondly nicknamed "The Itch". Nobody dared sit in the front row because it was reserved for the "Hell's Angels" ... Everyone was stoned. I remember a triple feature of "Eraserhead", "Freaks", and at midnight "El Topo" ( or El Poto"). After the show we staggred out and had cabbage soup at the Kiev. Those were the days.
The East Village and Lower East Side experienced the steepest residential rent drops of any Downtown neighborhoods last year, making them among the most desirable areas across Manhattan for discount-driven renters. According to the Real Estate Group New York’s year-end rental market report, the East Village and Lower East Side saw average decreases of 5.98 percent and 6.25 percent, respectively, for all doorman and non-doorman unit types combined in 2009. Doorman studios led the downward trend in both neighborhoods, with such units falling by 12.1 percent in the East Village and 22.4 percent on the Lower East Side over the past year. Over all, the East Village recorded drops for each one of its unit types, while the L.E.S. saw modest gains for non-doorman studios and two-bedrooms only (up 1.1 percent and 1.7 percent, respectively).