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THE WEEKENDER
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1M VIEWS |
FRI MAY 15 |
VOL 1 · 02 |
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FRIDAY NYEH · IN THIS ISSUE
Your weekly close on what the city's food operators lost, won, and survived this week.
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| 01 |
Leila Molitor · 7 min read
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| 02 |
Marco Shalma · 4 min read
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| 03 |
Reagan Payne · 5 min read
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| 04 |
New York Eats Here · 3 min read
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| 05 |
Reagan Payne · 4 min read
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| THIS WEEK'S LEAD |
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FOLLOW THE MONEY · HUDSON YARDS
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NEW YORK PAID $5.6 BILLION.
By Leila Molitor
I spent the last month with the Schwartz Center for Economic Policy Analysis numbers open on one screen and the Hudson Yards leasing brochures open on the other. Bridget Fisher and Flávia Leite at The New School did the math years ago. $3.3 billion in tax revenue routed through a quasi-public bond shop. $1.4 billion in property tax discounts to Stephen Ross's Related Companies. $556 million in recession shortfall. $359 million in interest. $281 million in capital. $367 million in 421-a abatements. The number lands at $5.6 billion in public money. That figure does not include the $1.2 billion in EB-5 visa capital Related raised by gerrymandering the distressed-neighborhood map through Harlem and across Central Park to make Hudson Yards qualify.
The city built the most expensive real estate development in American history with public money on a federal visa program written for distressed neighborhoods. Phase 2 just got approved on the same model. Eighteen months after opening, Thomas Keller closed TAK Room. David Chang closed Kāwi. Neiman Marcus went bankrupt. The 2025 and 2026 replacements are Joe & The Juice, Dunkin Donuts, and Just Salad. A bodega in Mott Haven can apply for a $5,000 microgrant. The math is in the piece.
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02 · THE ROLL-UP
THE MAYOR REDUCED 13,000 BODEGAS TO LOTTERY TICKETS.
By Marco Shalma
The mayor announced a $30 million city-run grocery in East Harlem this week. A reporter asked what happens to the bodegas. The answer on the record was that their revenue runs on tobacco and lottery. 13,000 of them. The milk run before school, the bacon-egg-and-cheese feeding construction sites at 5am, the deli guy who knows your kid's name, fronts you a sandwich when you are short, calls 911 when something goes wrong on the block. Reduced to cigarettes and scratch-offs at a city press conference. The city built Hudson Yards on $5.6 billion in public money and a $1.2 billion visa program meant for the neighborhoods it ignores. It just told 13,000 operators they do not exist.
READ FULL STORY →
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03 · WHO COOKS
FIVE YEARS TO GET PAID. THE DASHBOARD IS PUBLIC.
By Reagan Payne
Federal and state investigators have logged more than $52 million in wage theft from New York restaurant workers over five years, more than any other industry in the state. The US Department of Labor estimates the real number runs closer to $1 billion a year. More than 60% of NYC restaurant workers are immigrants. Roughly one in five are undocumented. At Brioso on Staten Island, the owner deducted 5% of tips, charged staff for broken plates, and threatened to call ICE on a worker who complained. The settlement landed five years after the first filing. The NYC Comptroller built a public dashboard at comptroller.nyc.gov so anyone can look up the restaurant they are about to eat at. The food press has not opened it.
READ FULL STORY →
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04 · MOBILIZATION
380 KITCHENS ARE OWED $875,000. THE WINDOW IS OPEN.
By New York Eats Here
For years, HungryPanda stacked illegal fees on top of New York City's 15% delivery commission cap on roughly 380 immigrant-owned restaurants in Flushing, Chinatown, Elmhurst, and Sunset Park. The Department of Consumer and Worker Protection just forced the company to refund $875,000. This is the first time the city has clawed back delivery fees from any platform. If HungryPanda delivered for your shop or a shop you cook in, the money is yours. Call 311 today. File the complaint at nyc.gov/dcwp. The window is open. Operators have to claim it.
FILE THE COMPLAINT →
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05 · THE ARGUMENT
CELESTE TAKES NO CARDS. NOBODY MADE THEM STOP.
By Reagan Payne
On the Upper West Side, where tap-to-pay is muscle memory and every restaurant in a six-block radius takes a card, Celeste does not. No Apple Pay, no Visa, no exceptions, and the room fills every night. The food is good. Rustic Italian, fair pricing, strong list, tight room. That part is settled. The rest is harder. Every other operator in this city pays the swipe fee because they think they have to. Celeste never bothered to explain why it does not. No philosophy, no manifesto, no posted stance. Strip the cash-only out and Celeste is a solid neighborhood Italian spot in a city full of them. With it, it gets to be a thing. The city adjusted. Nobody pushed back. That is the story.
READ FULL STORY →
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NYEH NEWS DESK
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EssilorLuxottica opened a Ray-Ban restaurant in SoHo at $750 per square foot on a ten-year lease, the same week three independent operators in the same zip code are negotiating renewals. The food is not the business. The store is. A sunglasses company just set the comp rent for the block. |
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A pizza counter on St Marks imported its product from Tokyo and pulled a 40-minute Tuesday wait. Three blocks south, a Mexican counter has been pulling tortillas by hand since 5am with no line. Both kitchens are doing precision work. Only one of them is getting written up as culture. |
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THREE THINGS WORTH YOUR ATTENTION THIS WEEKEND.
| 01 |
File the complaint. If you cook in or run a Flushing, Chinatown, Elmhurst, or Sunset Park kitchen that took HungryPanda orders, the money is owed to you. Call 311 or file at nyc.gov/dcwp → |
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Look up the room. Before your next reservation, type the restaurant's name into comptroller.nyc.gov and the NYS DOL dashboard. If it is on either list, you know what you are paying for. |
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Spend the weekend at the corner. Skip the imported pizza wait. Walk to the bodega on your block, the Mexican counter on the next one, the Senegalese spot on 116th. They feed this city without a $5.6 billion subsidy. Show up. |
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