The Real Deal New York

NYC restaurants feel the heat

Well-funded restaurants groups and healthy lunch spots expand, but many eateries get pushed from prime locations

May 06, 2015 04:45PM
By Jennifer White Karp

From left:

From left: Max Talpalar, Karma McDermott and James Famularo

From the May issue: New York City restaurants are feeling the heat in their kitchens, in the form of rising rents and competition from other well-funded retailers. A spate of high-profile restaurant closures — and a pending shutdown in the case of the famed Union Square Café — has focused attention on the sector recently. [more]