Study: 2nd ave subway work causes shops to fold
The Second Avenue Subway project has neighboring mom-and-pop stores on the brink of extinction, according to a survey released yesterday by the city public advocate’s office.
More than half of the 59 businesses surveyed in the last month said they anticipate closing before the subway opens. Nearly half reported laying off employees, and 90 percent reported tanking business.
“Construction on this scale is more than disruptive, it is devastating,” said Public Advocate Betsy Gotbaum.
Researchers talked to more than half of all independent businesses in the construction zones between 69th and 74th streets, and between 91st and 97th streets.
The first 1.7-mile stretch of the subway has suffered from several delays and is not expected to finish until 2016 at the earliest.
The MTA said it constantly meets with business owners to provide updates on the project and has promoting shopping along Second Avenue through a poster campaign.