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Your Recession Stories

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On Friday, the government reported the unemployment rate had soared to a staggering 8.5%. We all see the ripple effects every day, even walking down the street. It's become routine to see empty storefronts, "going out of business" signs and stores advertising huge sales. Along Grand Street, most businesses seem to be hanging tough, but there's no doubt they're feeling the impact of the worst recession since the 1930's. From time to time, we'll check in with businesses in the neighborhood to see how they're doing. Last week, I spoke with James Iglesias, owner of Special Touch Valet Cleaners on Grand St., and the owners of Grand Spa.  Here's what they told me. 

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