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Old 05-16-2017, 12:22 AM
 
18,260 posts, read 11,663,507 times
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Guess they wanted to get in the last big money making holiday (Mother's Day).


NYC's high rents force some favorite restaurants to close - Story | WNYW


https://ny.eater.com/2017/5/15/15640...closed-uws-nyc
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Old 05-16-2017, 03:20 AM
 
Location: New York, NY
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Quote:
Originally Posted by BugsyPal View Post
Question is when will landlords lower expectations? Am seeing lots of vacancies...
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Old 05-17-2017, 12:40 PM
 
400 posts, read 467,206 times
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wow I loved this place.
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Old 05-17-2017, 01:11 PM
 
Location: NYC
11,824 posts, read 7,699,774 times
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They close down probably not due to rents. Landlords often will cater to a long paying tenant with smaller increases. Most likely shutdown due to business operation issues. Often different partners argue over business matters that's the most common problem if you watch the show Kitchen Nightmares. Lawsuits or tax audits.
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