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On St. Marks, Feeling The Recession - The Local East Village Blog - NYTimes.com


On St. Marks, Feeling The Recession


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Some employees of the souvenir shops on St. Marks Place near Cooper Square say they are relying on Christmas sales to boost their revenue before the end of the year.

Business at Village Tattoo is so bad, says one employee, that the store might have to close its doors after 15 years.

Jason Smith, an employee at First Rich Gift Shop across the street tells The Local that revenue so far this December is less than half of what it was at the same time last year.

Vendors say the stores traditionally do well around the holidays and they hope that a break in the weather will bring shoppers into the streets – and maybe even motivate them to spend.

NYU Journalism’s Liz Wagner reports.