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quote:
Originally posted by Scallion1
Ah, Tony B, you beat me to the punch.This can’t be the whole story. Granted, 33K is a lot to pay for a month’s rent, but the place is a mint. I’d be willing to make a substantial wager that the net income from take-out during the High Holidays, to say nothing of Passover, would cover their rent for a year.
So does this mean that I can stop fighting with the Katz’s partisans about who has the better pastrami and corned beef?
Sic transit gloria matzoh balls.
According to the NY Times and AM New York (which I read avidly over lunch at Katz’s) the Health Department is demanding a number of upgrades which the owner says he can’t afford to do while also paying the level of rent being demanded. So you are right that it isn’t just the rent–it’s also major renovations required to avoid the wrath of the DPH.