The Real Deal breaks down some interesting numbers from the restaurant industry this year: Danny Meyer originally paid $8 a square foot for the Union Square Cafe space in 1985. The rent that's now forcing the restaurant to shutter? $108 a square foot. Other tidbits include the fact that in 2000, the city was home to 10,636 restaurants. It now boasts 24,000. [The Real Deal]
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Rent Wars
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