Ithaca, N.Y. — The Subway on the Ithaca Commons has closed, according to a sign posted on the sub shop’s window on Wednesday.
Ithaca Is Bluegrass Jan. 23-25
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The sign read:
“To our loyal patrons —
We want to thank you for your continued support through this challenging time. Unfortunately, the challenges facing us have exceeded our capabilities, forcing us to cease operations permanently.
We wish you all the best in the coming year. May your fortune be better than ours.
Subway on the Commons.”
The Subway was owned by Christopher Kusznir, who in 2011 ran for mayor as an independent before dropping out of the race and endorsing then-candidate Svante Myrick.
Kusznir did not immediately return a request for comment on Wednesday.
Gary Ferguson, executive director of the Downtown Ithaca Alliance, said the business had been for sale for several months but that Kusznir couldn’t get a buyer.
“You hate to see any business go out,” Ferguson said, adding he thinks the Commons construction and competition from similar eateries were likely factors in the Subway’s closure.
Ferguson added that there are frequently a few business closures at the start of any new year and that the Commons vacancy rate remains low. In October, the DIA said in a statement that the Commons vacancy rate fell to 3.3 percent, compared to 5 percent when the construction began.