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| Market Owner Wants to Be a Pioneer Again By Ronald Drenger Stepping over large chunks of metal, broken wall tiles, and heaps of unrecognizable debris, Adam Arici last month surveyed the ruins of his Amish Market store at 130 Cedar St., one block south of where the Twin Towers once stood. Little sunlight penetrated the boarded-up windows, the glass having been blown out by the force of a collapsing tower, so Arici used a flashlight to pick out the remains of what had been a sumptuous food market.
Whatever his legal rights, Aricis eagerness to return is hardly surprising. When he decided to open the Amish Market Downtown in the late 1990s, he was a pioneer, going where other big food retailers feared to open. The area was then a fledgling residential district, with no major food market. "What we needed to turn the neighborhood [around the Financial District] into a 24-hour residential community were amenities," said Valerie Lewis, a vice president of the Alliance for Downtown New York, the business improvement district that played a key role in the Downtown revitalization effort. "What amenity was most important to people? A supermarket. We worked with residential property owners to convince large-scale grocery retailers to come Downtown, but no one bit." With the help of a five-year, $385,000 subsidy from the landlords and marketing by the Alliance, Arici and three partners took the plunge, opening the Amish Market in 1999. Arici co-owns two other Amish Markets in Manhattan and the 21,000-square-foot Zeytuna on William Street, as well as the new Battery Place store. But he insists that he can succeed again on Cedar Street if hes allowed to resurrect the market. "I lost a lot of money here for a couple of years, but I was making money before 9/11," he said. "This area will come back strongnot right away, maybe, but in a couple of years. People are already coming back." But Arici said he feels let down by the city, and even the Alliance. "No one came and said, How can we help you?" Arici said. "I would like to help rebuild Downtown, but we need help." He estimates it would cost about $400,000 to fix the Cedar Street place, including $50,000 just to clean up. And he is quick to tick off an estimated $8 million in losses that he is unlikely to recoup, including a $1.5 million interior filled with imported fixtures and intricate metalwork, and lost retail and catering sales. He owes vendors $700,000 for destroyed goods and one of them is threatening to sue. "I dont know what to tell them. I have no money to pay them." Arici said he also owes $3 million to his family, who run a farm in Turkey, which they loaned him for his Downtown business. "Theres a lot of pressure. Every day, people ask me, Wheres my money?" Arici said he needs about $1 million and that $80,000 he got from the city plus his insurance will cover only a fraction of his losses. The subsidy arranged by the Alliance, a little more than half of which had been paid, stopped after Sept. 11. Lewis said the Alliance would consider continuing it, but, she said, "he has to put his business plan in writing. The balls in his court." Arici insists hell try to do whatever it takes. "I can build up this place again," he said. |
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