Money Watchers: New businesses in New Bedford - News, Weather and Classifieds for Southern New England

Money Watchers: New businesses in New Bedford

Posted: Updated:
NEW BEDFORD, Mass. -

In an effort to help revitalize the city, two new, small stores have opened under one roof on Union Street in downtown New Bedford.

"This is yet another step towards a more vibrant downtown," said Mayor Jon Mitchell.

The downtown, like other New England urban cores, has been struggling for some time to lure business owners back in.

"I feel like we're on the upswing. I feel like the next 10 years is going to be awesome down here," said Henry Gaitlin.

While Gaitlin runs a custom frame shop, his business partner, Larry Jaquity is operating a book store.

"When I came here a few years ago, no one was selling New Bedford books, so I thought there really should be a book store dedicated to New Bedford and Cape and the Islands. And so that's what most of the books are," Jaquity said.

The two men will share in the operating costs of heat, rent and insurance.

The mayor remains optimistic.

"We're proud today, we have entrepreneurs like Henry and Larry who are willing to extend themselves a bit, take a risk and make it happen for New Bedford. They both love the city. They both want to make it a better place for everybody and this is an occasion when we get to say New Bedford is open for business," Mitchell said.

  • Money Watchers

  • The NBC 10 Money Watchers are looking out for your bottom line.

    Frank Coletta, Alison Bologna, and Bill Rappleye are constantly making sure that your tax dollars are being used wisely.

    The NBC 10 Money Watchers are also looking for ways that you can save money and they are uncovering local business trends that impact unemployment. If you have a tip for the NBC 10 Money Watchers, email news@wjar.com.

  • Money WatchersMore>>

  • Frank Coletta

    Frank Coletta

    Frank Coletta anchors NBC 10 News Sunrise and NBC 10 News at Noon, and is also a member of the NBC 10 Money Watchers.
    Frank Coletta anchors NBC 10 News Sunrise and NBC 10 News at Noon.
  • Alison Bologna

    Alison Bologna

    After four years as an anchor and reporter in Boston, Alison Bologna returns to NBC 10 News to anchor its new 7 p.m. show with Dan Jaehnig and to report with Jim Taricani on the I-Team. She also anchors
    After four years as an anchor and reporter in Boston, Alison Bologna returns to NBC 10 News to anchor its new 7 p.m. show with Dan Jaehnig.
  • Bill Rappleye

    Bill Rappleye

    Bill gladly returns to Rhode Island airwaves following a 10-year absence. He broke into television news in New Bedford in the early 1980s, working as a photographer/reporter for cable television.
    Bill gladly returns to Rhode Island airwaves following a 10-year absence. He broke into television news in New Bedford in the early 1980s, working as a photographer/reporter for cable television.
Powered by WorldNow

23 Kenney Drive
Cranston, R.I., 02920

Telephone: 401.455.9100
Fax: 401.455.9140
Email: news@wjar.com

Can't find something?

NBC 10 Outerwear Provided by:

NBC 10 Media Relations
Provided by:

Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.