Wadia 850 repair? Suggested replacement?

Hello,
I have a Wadia 850CDP I have owned since around 97-98 (I think). About 5 years ago it developed a problem with the loading mechanism and a CD got stuck. Wadia was able to repair and all was okay till about 2 weeks ago. Now there's a grinding sound when the drawer opens and as it reads the CD and now it will occasionally skip. I have contacted Wadia (now ARC owns them) and I'm told they no longer support it :-(
Does anyone know of a place that might be able to fix it? Preferably in the NYC area. If my fear is realized and it can no longer be repaired, what do you guys suggest as a replacement? Preferably under $5k. TIA and Happy Holidays/Merry Christmas!