The Biz

Restaurant Rents Normalize

<a href=La Crepe Parisienne scored a prime Soho spot." width="330" height="412" style="width:100%;height:auto;" fetchPriority="high" >
La Crepe Parisienne scored a prime Soho spot. Photo: Urbanite/amNY

Restaurateurs are taking advantage of an average 11 percent drop in rents across Manhattan (and a 22 percent decrease on the West Side). The trick will be getting people to come in once they’re open. [Urbanite/amNY]

Restaurant Rents Normalize