SOURCE: yamaha k-720 cassette deck
This unit may have a tape tension sensor. If that sensor isn't working properly, the mechanism always thinks the tape has reached the end during play/record. Sitting unused could allow some grease on the sensor mechanism to harden which would disable it.
The sensor probably isn't used during FF/REW.
SOURCE: Downloading an instruction manual for the K-700 Cassette Deck
Make sure you have the correct model # and go to the Yamaha web site. There is no K-700 but there is a K-720 (I have this tape deck).
http://www.yamaha.co.jp/manual/english/search.php?div=emi
SOURCE: I have a Kenwood KX
The flywheel belt would have broken or gone slack and fallen off the motor pulley. You can confirm this by opening the top and looking inside. If you can shake the machine holding it upside down the belt might even fall off.Replacing the belt is a tricky job. Its like putting back a bicycle chain except there is a metal plate behind the flywheel and your hand won't go there.
Testimonial: "Thanks, so much for your reply. Might you know of a repair place in NYC?"
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