Soup Burg falls: The landlord had not even named a price... It was just, ‘Get out.’ He’s putting in a TD Bank. Epicures may have shuddered last month when soaring commercial real estate prices cost the celebrity restaurateur Danny Meyer the lease on his famed Union Square Cafe, but Soup Burg is a workingman’s version, and Mr. Gouvakis, 54, doesn’t have Mr. Meyer’s Shake Shack empire to fall back on. His predicament represents a broader challenge to the fabric of New York: the loss of affordable mom-and-pop shops in Manhattan neighborhoods that once, not so long ago, were not solely for the extraordinarily wealthy. On the Upper East Side, it is hard to say who is disappearing faster, rent-stabilized tenants (like me and my parents before me) or the small-business owners who long catered to them.
Posted on: Sat, 05 Jul 2014 01:04:33 +0000
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