CB3 Backs Proposal for New Management at Struggling Essex Street Market

Posted on: October 19th, 2015 at 5:10 am by
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Merchants are fighting back against what it calls an “anemic” situation at the 75-year-old Essex Street Market. One that has cost several businesses in recent years to vacate the historic warehouse. Now, seven months after local cheesemonger Anne Saxelby and the Essex Street Market Vendor Association aired its grievances over gross mismanagement by the Economic Development Corporation, an alternative model was floated, and subsequently approved by Community Board 3 last week.

With the blessings of both the EDC and the Lower East Side BID (now responsible for marketing the market), the Essex Street Market Preservation and Development Corporation was born. It’s a dedicated and locally-based nonprofit management entity that will, according to its mission:

  • Provide day-to-day management of market operations including sanitation, security leasing, and operations of both the current and future facilities.
  • Oversee marketing, promotions, events, and programming through a contract with the Lower East Side BID.
  • Interact and liaise with partner organizations and agencies including EDC and NYC Small Business Service.
  • Ensure positive vendor and customer relations, including attracting and serving a diverse customer base reflective of the Lower East Side’s dynamic residential community.
  • Partner with other organizations, groups, and stakeholders to advance the market mission.

The goal is for the city to implement the new management structure by June 30, 2016. Given the bureaucracy and past hiccups, there is definitely potential for that date to be missed. Below is the full resolution from the meeting…

CB3 Resolution for Essex Street Market Management

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