Rockaway retail starts slow recovery

TRD New York /
Nov.November 19, 2012 09:30 AM

Hurricane Sandy left Rockaway Beach Boulevard, the commercial drag of Rockaway, Queens powerless and the streets full of debris. But only two weeks after the storm, the first signs of a retail recovery can be seen in some area shop windows, Crain’s reported.

Thanks to a generator, Eden Delicatessen, at 11507 Rockaway Beach Boulevard, has “Open” written in  pink across the store’s window.

“There are no lights here. People need beer!” said Bozena Brzostek, the shops owner. Brzostek estimated her losses at $200,000 in spoiled food alone and has applied for a $75,000 Federal Emergency Management Agency’s small-business loan.

A handful of other generator–powered food and hardware shops have also reopened nearby. And like Brzostek’s establishment, they are all struggling to navigate FEMA’s complex loan process. But some have simply given up after discovering that they may not be able to receive a loan until May.

“Our businesses are generally family-run mom-and-pops, and if a lot of those stores can’t get back up and running in the next week or so, a number of them will just never reopen,” Jonathan Gaska, district manager of the local Queens community board, CB 14, said. [Crain’s]Christopher Cameron

 

Related Articles

arrow_forward_ios
Carmel Partners CEO Ron Zeff (JLL)

Carmel Partners sells Norwalk apartment complex valued at $157M

Carmel Partners sells Norwalk apartment complex valued at $157M
From left: 180 West 81st Street in Upper West Side, 15-30 130th Street in College Point; 5002 13th Avenue in Borough Park (Google Maps)

Manhattan sees first September i-sale with UWS mixed-use building

Manhattan sees first September i-sale with UWS mixed-use building
Knotel CEO Amol Sarva and Sprinklr CEO Ragy Thomas with 29 West 35th Street (Sarva via Sasha Maslov; Getty; Google Maps)

Manhattan landlords sue Knotel, Sprinklr for missing rent

Manhattan landlords sue Knotel, Sprinklr for missing rent
(iStock)

Is winter coming? Real estate stocks dragged down by 4th week of market decline

Is winter coming? Real estate stocks dragged down by 4th week of market decline
From left: Michael Fuchs, Aby Rosen, Brandon Singer and Michael Cody (Getty, iStock)

Aby Rosen, Michael Fuchs back new retail brokerage

Aby Rosen, Michael Fuchs back new retail brokerage
Companies are relying on surveys and other data points to determine who will come back to offices first. (iStock)

How do companies decide who should return to offices first? It’s tricky

How do companies decide who should return to offices first? It’s tricky
UDR President Jeffrey Davis, AvalonBay Timothy Naughton Equity Residential's Sam Zell (LinkedIn; AvalonBay; Getty)

Investors bank on urban real estate comeback

Investors bank on urban real estate comeback
HelloFresh’s NYC HQ (Courtesy of Industry City, HelloFresh by Eric Laignel)

HelloFresh inks Industry City deal for content studio

HelloFresh inks Industry City deal for content studio
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...