Ann Arbor Weather:
Tuesday October 17, 2017
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Goodbye to Golden Rose

 

continued

"We were a victim of the economy," said Ride Boutique Bicycle Performance Center owner Chad Johnston, explaining why he closed his store on North Main in March. Johnston opened the store in July 2007 and specialized in scientifically fitting people to bikes with the aid of $10,000 worth of computers, monitors, video cameras, and special sports software. "We didn't have to close the store," he adds. He says they were making money-just not enough.

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Patricia Allamend has closed Portofino Coffee, whose gentle tea-cozy decor had always seemed delightfully at odds with its high-traffic node (the ganglion where Stadium, Maple, and Jackson come together). Allamend couldn't be reached, but Ashok Vashi, who owns the Quiznos next door, had a hunch why she closed: "The rent was too high." He doesn't know how much Allamend was paying, but he says he pays around $2,500 a month, and business is down 30 to 40 percent from a year ago.

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