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Old Town going out of business?
20 empty or abandoned businesses in historic plaza
Updated: Monday, 13 Feb 2012, 6:20 PM MST
Published : Monday, 13 Feb 2012, 6:20 PM MST
ALBUQUERQUE, N.M. (KRQE) - Albuquerque's Old Town looks more like a ghost town as more than 20 businesses have either closed or have moved out in the past year.
Business owners say the economy is hitting them hard, most report discouraging sales last year and say it's been extremely tough to stay afloat.
La Hacienda is closing its doors; the famous New Mexican restaurant has been open for more than 60 years and The Memories in Old Town Gallery is also going out of business.
"Old town is the heart of Albuquerque," said Karen Aceves, the owner of the Old Town Basket Store. "We may be beating a little slow right now but Old Town's heart will never stop beating."
She and her husband have owned their business for nearly 40 years. Aceves admits the situation looks bad right now, but she hopes the closures will breathe new life into the area.
The city is also planning to host summer concerts, art walks and centennial events in the plaza to help store owners attract business.
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