A new report finds New York City really is too expensive for restaurants

Updated

The common complaint among New York chefs and their colleagues is that costs — including rent, labor, and even ingredients — are out of control. Now, a new report by the New York Times largelyconfirms that, yes, the cost of running a restaurant in New York City really is too expensive.

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New Yorkers have become accustomed to seeing small, scrappyneighborhood favorites shutter, but it's not just the high rent bearing down on independently operated restaurants here that's causing the closures. According to the report, which compared various expenses to two other major markets, Los Angeles and San Francisco, there are a number of factors that make it untenable to run a restaurant in the biggest city in America.

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