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77-year-old Tony Mignone, the owner of Fifth Avenue Record and Tape Center in Park Slope, is closing up his shop after 42 years in business. Rising rents were the key factor in Mignone's decision to shutter the store; DNAinfo says that he came close to closing it five years ago, but worked out a short-term lease with his landlord.
A recent Yelp review describes the store as "an unpretentious, divey, hole in the wall (literally) record store. It is cluttered and messy and disorganized and filled with an assortment of records. And I love it."
Mignone opened his first store in 1965 when he worked for the U.S. Postal Service, selling stamps and coins. The article explains that he made the shift solely to records by the end of the decade. The shop will close this August.
· Park Slope Record Store to Close After 42 Years [DNAinfo]
· Celebrate Record Store Day at These Ten Vinyl Shops [Racked NY]