Relocation
Boomerangs flung across town
by Nina Willdorf
Boomerangs, a store catering to thrift-store shoppers with style and a social
conscience, moved in mid July from Canal Street in the Bulfinch Triangle to
Jamaica Plain. Though news of the move is now vintage, the reason the shop
packed up its Prada and picture frames to move to JP hasn't been confirmed
until now. In short, Boomerangs became yet another casualty of Boston's
real-estate boom.
After rent and salaries, any money Boomerangs pulls in goes straight to the
AIDS Action Committee, New England's largest AIDS-service agency. The money is
distributed among the organization's outreach projects, which include
nutrition, drug-counseling, and housing programs; in total, these services help
more than 2200 AIDS patients. But for the past year, that surplus amounted to
pretty much nothing. "The operating costs went up in the past year to the point
where any of the profit that we had was being swallowed up by rent," says
Richard J. Downey, Boomerangs' manager. "We were making a killing [on Canal
Street]," he says, "but it just so happens the landlord was too."
When Boomerangs opened in 1996, it was only the third tenant to occupy the
building in 125 years. But when the rent went up $5000 in 1999, Downey
recognized that the neighborhood was no longer "realistic" for the do-gooder
store.
If nothing else, the move shows how downtown is booming. Bill Colby, president
of Andrew Dutton Company, which owns the Canal Street building, said that many
dot-coms jumped at the chance to occupy the space. "Five years ago, the rents
were in the high teens or low 20s [per square foot]," Colby estimates, "today
it's mid 30s." The neighborhood, he says, is becoming attractive to dot-coms
and prohibitively expensive for stores like Boomerangs.
But Boomerangs' employees say that JP's more their style anyway. With added
foot traffic and nighttime hours, Boomerangs is poised to bounce back, says
Carissa Cunningham, a spokeswoman for AIDS Action.
Amy Garbo, a JP resident, agrees. "They were right on with the target market,"
she says. "People in the Financial District may be more fashion-conscious, but
people in JP are more socially conscious."