Small Business Owner Faces Financial Setback After Christmas Market Booth Fire

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Fire,Small Business,Financial Loss

Nilo Amerzada, a jewelry designer, lost her entire Christmas market booth to a fire, resulting in significant financial losses and the cancellation of planned events.

A small business owner whose booth went up in flames in Herald Square is struggling financially. The setback is causing her to cancel upcoming business events. 'The space was beautiful' Nilo Amerzada's dream is designing jewelry, inspired by her grandmother. 'I started doing farmer's markets to gain visibility,' she said. Amerzada opened her shop called Nur on Lafayette Street in August and, determined for more visibility, her booth came to life on Dec. 6 at the Herald Square Christmas Market.

'That opening day was a tough day. It was freezing cold outside. I was just exhausted. I was like we are here, we're fine. The space was beautiful,' she said. It was months of work and countless hours pouring her heart and soul into preparing the booth for the Christmas season. 'I hadn't slept in months. Preparations for the holiday usually starts during the summertime for most businesses,' Amerzada said. 'Especially for the holiday markets. You want to be ready for the volume. You want to make sure you have merchandise.' Amerzada lost $50,000 in the devastating fire Ten days later, her phone rang in the morning with the devastating news. 'I got a phone call from my employee around 9:30. She said the business is gone,' Amerzada said. 'I didn't believe her. I burst into tears. I didn't know what that meant.' Her booth had gone up in flames. Video shows firefighters dousing it with water. 'I had a lot of emotions, and I don't want to say a dead end, but when you have worked so hard on something and then you hear tragic news, you think it's hard to recover from that,' Amerzada said. She said she lost more than $50,000 in the fire, and hundreds of her jewelry pieces were charred. Her insurance didn't accept her claim. In the end, it has been a big financial hit. 'I don't have investors, backers, money coming in large amounts,' Amerzada said. 'There were some plans for the new year that I had to cance

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