the biz

Restaurant Rents Normalize

La Crepe Parisienne scored a prime Soho spot.

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]

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