3c hapter - Index of
3c hapter - Index of
3c hapter - Index of
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108 Locavesting<br />
is not going to come in and save our town. It’s our town and our<br />
responsibility to make sure that we continue to exist.”<br />
Bookworms in Shining Armor<br />
Sure, cops love their doughnuts. But many <strong>of</strong> us feel just as<br />
strongly about our own favorite neighborhood spots—those quirky<br />
cafes and shops that give our communities their unique identities.<br />
And when those beloved businesses run into trouble, customers<br />
have <strong>of</strong>ten rallied to save them.<br />
I’ve seen it a number <strong>of</strong> times in my own area. Bread- Stuy, a<br />
c<strong>of</strong>fee shop in the gentrifying brownstone- fi lled neighborhood <strong>of</strong><br />
Bed- Stuy, Brooklyn, fell behind in taxes in 2008 after the recession<br />
ate away at sales, and was seized by tax authorities. Neighbors organized<br />
fundraisers, collecting enough for the owners to reopen the<br />
shop. In August 2010, the New York Times reported on an 80- yearold<br />
family- run grocery store in Point Lookout, New York, that was<br />
similarly struggling in the recession. More than 150 customers<br />
wrote checks to help the owners pay $100,000 owed to a supplier. 1<br />
But, like the <strong>of</strong>fi cers <strong>of</strong> Clare, some local residents have gone<br />
further, extending loans or becoming part owners in a venture.<br />
Vox Pop, a café and performance space with a populist bent<br />
(“Books, C<strong>of</strong>fee, Democracy,” its sign reads) in Ditmas Park,<br />
another emerging Brooklyn neighborhood, was credited with<br />
sparking a culinary revival along a stretch once dominated by dollar<br />
stores. When it hit a rough patch, the owners sold shares to<br />
loyal customers, turning it into a sort <strong>of</strong> community collective in<br />
keeping with its Marxist spirit. (More on that later.)<br />
Perhaps nowhere do passions run as deep as among book<br />
lovers and their local bookstores. You know the kind <strong>of</strong> place—<br />
a cozy, well- curated bookstore where you can browse and bump<br />
into neighbors. Every good neighborhood once had one. But<br />
independent booksellers have been brutally squeezed by megachains,<br />
online retailers, and now the Kindle and its digital ilk. The<br />
American Booksellers Association, a 110- year- old trade association<br />
for independent bookstores, has seen its membership shrink by<br />
more than half since 1990, to about 1,800 members. 2