Employee indicted for allegedly burning down Madison Avenue shop

July 26, 2012 04:30PM

A former employee of a Madison Avenue men’s store has been indicted on charges of arson and reckless endangerment for allegedly setting fire to the upscale store, the New York Observer reported. He was indicted in Manhattan Criminal Court today.

James Carter, 34, of the Bronx, allegedly lit boxes inside menswear shop Camicissima Milano on fire May 15, before locking the door behind him. The resulting blaze, at 509 Madison Avenue, is estimated to have cost more than $1 million in damage and injured two firefighters, the Observer said.

“I had problems with management,” Carter said in a statement, according to the Observer. “I was angry and was having personal problems.”

The property is managed by Kensico Properties. [NYO] — Guelda Voien