Video Store On Fast Forward To Unwind

In Manhattan’s East Village on Marks Place, the very popular Kim’s Video store is up for immediate sale. As video rentals and sales decline, the store’s owner, Youngman Kim, has decided to skip the business by January, 2009. He insists that a new owner must buy his entire 55,000 videotape collection and continue his policy of only charging an inexpensive membership fee. It’s hard to believe he’ll find an interested buyer with those requirements. The wide availability of movies on the Internet and declining sales can't help his cause, either. Kim was a very successful New York City entrepreneur. Sadly for him, he should have seen this day coming many years ago. Let’s hope a local library or community group can reach a deal with Kim soon. Film students and movie nostalgia buffs should be able to enjoy this diverse collection long into the future.