business news

It’s Happening: Photoplay is Closing TOMORROW!

Readers sadly wrote in to tip us on the news that Greenpoint’s video store Photoplay, on Manhattan Ave for over a decade, is shutting its doors. We popped in a few times hoping to catch owner Michael Sayer’s for confirmation, but were unable to reach him and his loyal staff tried their best to remain mum. But not mum enough because the cat’s out of the bag. Photoplay is closing tomorrow. And according to Bedford & Bowery, there will be no liquidation sale.

A few options: Film Noir (10 Bedford Ave), Videology (308 Bedford Ave) & errr Netflix.

Lament in the comments…

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Greenpoint Shop OAK Purchased By American Apparel

Big news for local Greenpoint fashion retailer Oak (55 Nassau Ave) – American Apparel recently bought the company. Via New York Magazine:

“As WWD reports, American Apparel purchased the gothic-leaning New York retailer Oak….which currently has two locations — one in Greenpoint and one in Noho — will most likely expand thanks to American Apparel’s financial and manufacturing capabilities. Charney commented to WWD that he intends to double Oak’s current profit, which is about $5 million in sales right now.”

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“Keep It In The Family” – goodyoga Offers Franchise Opportunities

“I want everyone in the world to do yoga!” goodyoga owner Flannery Foster said as we enjoyed cupcakes at Ovenly along with her partner and goodyoga co-owner Ray Gonzales. With plans to franchise you may see more goodyoga studios opening up locally, and perhaps nationally and maybe even internationally if Flannery has her way. Continue reading

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