It’s no shocker that New York City real estate is sky high, and it’s only getting worse. As one of the most thriving food cities in the nation, this brings up a few concerns: When all is said and done, what happens to the underground restaurants? The favorite local gems? The family-run hole-in-the-walls? Despite what many proclaimed foodies put into the social universe, the NYC dining scene – the great spots – aren’t limited to just the see-and-be-seen venues. El Sombrero (Stanton St.) is a perfect example of a restaurant hanging on by a thread.
But price hikes aren’t affecting just the independents or small chains – even prestigious venues are feeling the blow with doomsday in sight. Take the Four Seasons restaurant, for example. Read More