The Real Deal New York

From the July issue: When the economy is strong, many landlords turn their noses up at
restaurant tenants, fearing unpleasant food odors, vermin and noise.
But as retail vacancies proliferate across the city and the recession
drags on, the tables have turned and landlords are rethinking their
disdain for eateries. “They used to be sort of perceived as a hassle because of potential
odors, but now they are seen as rent-paying tenants,” said Jeffrey
Roseman, executive vice president and principal at Newmark Knight
Frank, who represented landlords and tenants in a handful of restaurant
deals last month. “Landlords who never wanted restaurants in certain
spaces now will consider them.”