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NY POST --A New York City restaurant crisis? Baloney
June 25, 2014
In a city of more than 8 million people and ever-evolving neighborhoods and demographics, restaurants come and restaurants go.
How alarming is this?
To those ignorant of the city’s ceaseless cycles of change, it might be a crisis of global-warming magnitude.
An outpouring of angst over supposedly lethal rent increases was prompted by this week’s New York Times story that famous East 16th Street eatery Union Square Cafe will close at the end of 2015 because it can’t afford the hike in its rent.