The Traderszone Network

Published in TZ Latest News 7 September, 2016 by The TZ Newswire Staff

Facing rising rents, top restaurants choose to say goodbye

I’d like the lobster, but without the $3,000-a-foot rent, please. A number of famous Manhattan restaurants are moving to new locations in the coming months amid ballooning retail rents, according to a report. “The only way we can stay in the game is in a place where we can do a bigger volume,” said Drew Nieporent, who co-owns Nobu restaurants in the city. Nobu will move from its Tribeca space to the Financial District in … [more]

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