The Restaurant Doomsday Clock Moves Closer to MidnightThe story is a sadly familiar one, but Crain’s tells it well today: how crazy-ass Manhattan rents are driving even successful businesses into the potter’s 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 Frank’s, Tuscan Square, or the brilliant Itzocan Cafe, were by any means empty, which makes us worry for places that don’t 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 Street’s editors resides, we won’t complain.
Eateries Forced Out by Soaring Rents [Crain’s NY]
