The Restaurant Doomsday Clock Moves Closer to Midnight

The story is a sadly familiar one, but Crains tells it well today: how crazy-ass Manhattan rents are driving even successful businesses into the potters field and how a restaurant recession may well be in the works as a result. None of the places mentioned in the article, such as Franks, Tuscan Square, or the brilliant Itzocan Cafe, were by any means empty, which makes us worry for places that dont happen to have huge buzz machines and/or celebrity chefs behind them. Of course, if they are forced to move to the bleak outer-borough neighborhoods, where one of Grub Streets editors resides, we wont complain.

Eateries Forced Out by Soaring Rents [Crain's NY]