A 130-year-old family business in Brooklyn may only have 'months' left as they battle crippling taxes, competition from corporations and a shrinking customer base.
"We have a lot of people now, they don't want to raise their kids in this environment," Frankel said."Our schools are failing, the quality of life is tough." Frankel shared that while he considers himself"fortunate" to work with family and sustain the family business legacy, he fears the doors may close soon.
"It's hard to keep a business open these days. I know so many small business owners who are now driving for Uber," he said. "We supplement our income selling online. I would say friends don't let friends sell shoes online. Too many returns," Frankel added. Fox News' Emma Colton and Aaron Kliegman contributed to this report.
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