Brooklyn businesses suffer during hard economic times

Some business owners from Bedford-Stuyvesant are having a hard time believing the economy will improve any time soon.According to business owners, people in the neighborhood

BEDFORD-STUYVESANT - Some business owners from Bedford-Stuyvesant are having a hard time believing the economy will improve any time soon.

According to business owners, people in the neighborhood just aren?t consuming like they used to.

?Before, the people would buy more?and spend more,? Suresh Kumar, owner of Barias Gold & Diamonds, says. ?But now they just try to hold onto their money.?

Shops in the business gateway district at Nostrand Avenue and Fulton Street showed News 12 Brooklyn empty shelves and empty stores. If fewer people shop, they say, fewer items are ordered to stock the shelves.

S & S Liquors says its business is down 20 percent and that waiting around for customers may eventually lead to cutting staff it can?t afford to pay.

advertisement | advertise on News 12

Trending Video

Officials believe the drug ring brought heroin, cocaine, 1 New drug furanyl-fentanyl hits Brooklyn streets
Wells Fargo is rolling out cardless ATMs where 2 Word on the Street: Paying by phone
Dozens of people were arrested across the borough 3 Dozens arrested in 'Operation Hardball' drug takedown
The New York Cosmos soccer team says they 4 NY Cosmos ready for home opener in Brooklyn
5 VIDEO: Extended footage from NYPD Emergency Services Unit graduation

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE