$45,000 per month. That's how much Mr. Nusraty's landlord wants after 30 years of doing business on the corner of Bleecker and 10th. And that's why Mr. Abdul Nusraty is closing his doors as of the first week of August. A WestView newspaper clipping in his window states that the rent has gone from $3250 to $7500 a month, and then to an "unprecedented six-fold increase" of $550 per square foot for less than 900 square feet of space.
I spoke to Mr. Nusraty today and he told me, "I do it for the pleasure, not to make a million dollars. This doesn't make me rich." A customer was there when I went in and Mr. Nusraty was polishing a ring for him. "It's his grandfather's ring," Mr. Nusraty said after, "It was broken. I sent it to be fixed in Brooklyn. I charged the kid 10 dollars. Nothing. I make nothing from this. But he is happy."
I told Mr. Nusraty that Brooks Brothers will be moving in to his space. "Brooks Brother?" he scoffed, "Junk." The whole city, he said, is turning into junk.
Until August, he will be having a moving sale, at 25% - 50% off. Though he doesn't know where his shop will be moving to, he hopes to stay in the Village. I hope so too.