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It's all shown on large, "unclassified" display screens in a festively decorated command post at Peterson Space Force Base in Colorado Springs. Masked volunteers sit at tables equipped with telephones, garland, miniature Christmas trees, plenty of caffeine-laden candy and coffee - and hand sanitizer. Like any good Christmas tale, the program's origin has been told for generations. Khalid shared his mom's schedule and became an instant viral sensation. Have a breaking news tip or an idea for a story we should cover? The family that lives on the other side of the duplex was able to make it out safely.
“The landlord is ready to evict ABC,” maybe because “it wants to convert the whole building to condos,” said distressed-debt expert Adam Stein-Sapir. “We are closely monitoring the dispute between AMMA421 and its landlord as the outcome could impact our lease,” the ABC spokesperson told The Post in a statement. In an October interview with the New York Times, owner Cole and ABC Home & Carpet CEO Aaron Rose admitted the retailer was behind in “digital marketing” and would be “gearing up” in that area. If ABC can’t secure more funds and renegotiate its debts with vendors and landlords, it may be forced to file for Chapter 11 — and possibly liquidate its business, the source added. B. Riley has helped ABC find some cash, according to the source with knowledge of the situation. But apparently it’s not enough, as the retailer more recently tapped Oscar Pinkas, head of Greenberg Traurig’s restructuring practice, sources said.
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When the business exploded, Max leased a couple of floors at 888 and eventually bought the entire building. Later, still yearning for that gold-luster plate, I recall that Paulette told me she had been influenced in the 1980s by the Chelsea Passage department at Barneys, where the store sold exquisite tablewares and home goods such as cashmere blankets. In many ways, I’ve always thought of Barneys as the fashion counterpart to ABC. It, too, was founded — in 1923 as a discount men’s wear shop — by a Jewish immigrant. The same family expanded it over more than nine decades, and it became very big and opened in other cities.
Almost half of young Americans still live with their parents: report
ABC is likewise locked in a dispute with its landlord over $1 million in rent that threatens the lease at its flagship store in Manhattan’s Flatiron District, the company confirmed to The Post. The ABC Carpet & Home building at 888 Broadway, circa 1905, when it housed W. Sloane, then one of the most well-known home furnishings stores in the world. About a month ago, ABC Carpet began liquidating its pricey inventory, which is going for as much as 50 percent off, including its rugs, according to its website. Making matters worse, ABC’s business relies on in-person shopping. Despite its lofty prices, the company’s Web site is primitive compared with cheaper rivals, with limited capability to zoom in on fabrics, for example.
“In a black-and-white world, ABC is in color,” says Paulette Cole, the store’s owner, when I chat with her over Zoom a few days after my visit last month. (Her favorite hue, as it happens, is pink.) It was Cole who made ABC one of the most fabulous department stores in town, continuing a story that is a paradigm of the character that the city has always housed and inspired. At the end of the 19th century, Cole’s great-grandfather, Sam Weinrib, a Jewish immigrant from Austria, peddled used carpets from a pushcart on the Lower East Side. Later, his son, Max, opened a small store under the old Third Avenue El at 29th Street. And in 1947, Max and his son Jerry opened ABC Carpet at 881 Broadway, another stupendous loft building, this one dating to 1896, when the area was part of Ladies’ Mile, then the most prestigious shopping area in the city. In the late ’40s, wall-to-wall broadloom was a necessity for every aspirant middle-class family, and at ABC Carpet you could get it at a discount.
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The Post had previously reported that private equity firm, Windsong Global and Burch Creative Capital — led by Chris Burch, who co-founded Tory Burch LLC — were interested buyers along with the rug merchants. After dozens of prospective buyers kicked the tires at bankrupt ABC Carpet & Home, the iconic New York City retailer is being sold to a consortium of investors that deal in Persian rugs, The Post has learned. Registry A cavernous space full of linens, furniture, and accessories, in which couples can pick and choose products from preset categories. Swanky furniture retailer ABC Carpet & Home is scrambling to stave off bankruptcy in the wake of the pandemic, The Post has learned.
Then, last year, either because of this growth or because it could not compete with online shopping, Barneys closed and New York lost a beloved institution. In a city whose retail landscape is increasingly made up of chain stores, and which has recently suffered badly from the effects of the pandemic, ABC remains a little piece of New York’s old glamour — and its soul. In the 1950s and ’60s, my mother would go to the original shop, ABC Carpet, which was across the street at 881 Broadway, to buy broadloom. Later, in 1985, when the store became ABC Carpet & Home and moved to number 888, like many New Yorkers I went for the excitement. This was shopping as experience, a place where furnishings were art objects, in much the same way that Dean & DeLuca, founded in SoHo in 1977, was a museum of food.
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For Christmas Day, the snack game is strong -- Janet's got assorted cheeses, taco dip, smokies wrapped in bacon, and a butter board with fresh bread on deck. And while the schedule is so fun, Janet says it's really all about creating traditions and spending quality time with her kids, which is why she puts so much effort into it. When Khalid and his younger sisters arrive, the schedule says there will be puffed popcorn, Chex mix, and various candies available for grazing throughout the day, including jelly beans and peanut M&M's. ABC opened more shops — on Long Island, in Delray Beach and even at Harrods in London — but Paulette’s interests were changing.
There were always party poopers who thought ABC was wildly overpriced and full of things you didn’t need, but it was never about need; like so much in New York, it was about desire. When I finally made up my mind that I should buy a rug — after having lived in my apartment for nearly two decades — I found it at ABC. “Get the hot pink,” said Steven Wagner, a friend who was then one of the shop’s design consultants.
Two children were killed and four more were injured, two of them critically, in a fire at a home on Staten Island Friday. Propped against a rug, from left to right, are a photograph of Jerry Weinrib taken on his graduation from Brooklyn Law School, a painting of the ABC building, a later photograph of Jerry and, beneath it, a painting of his father, Max Weinrib. The store’s embellished facade, designed by the architect William Wheeler Smith. The family behind ABC Carpet & Home has been enchanting the city with otherworldly finds for over a century.
We rejected wall-to-wall carpet in favor of bare wood floors accented with maybe a Moroccan prayer mat, Turkish rug or simple square of sisal. We had traveled and yearned for open kitchens, natural fibers and handmade fabrics from Indonesia, South America, New Mexico and the South of France. ABC Carpet had lagged other retailers for years in setting up a robust online business. But when the pandemic hit, it was especially vulnerable because its merchandise lends itself to in-store shopping. It has relied heavily on wealthy clientele and tourists who had abandoned the city last year.
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Though ABC is one of the most beloved stores in New York City, its owner and creative director, Paulette Cole, doesn’t like to call what people do there shopping. Other days have options, like Thursday -- is there any interest in a bourbon tasting? That may be why plenty of folks on the Internet are hoping for an invite to this version of family Christmas. Khalid El Khatib shared his mother's annual home for the holidays email. The attention to detail -- especially in the snacking category -- is just delicious.
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