Refined British Restaurant Found Hiding in a Brooklyn Bar

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“Cherry Point sits on Manhattan Avenue in Greenpoint, a few steps from the corner where Bedford Avenue, having flowed all the way across Brooklyn from the shores of Sheepshead Bay, suddenly comes to an end. The area is marked by a cluster of restaurants. Some have a washed-up feeling, as if they’d all been drifting along in Bedford’s currents and had been stranded there. A few stand out in the landscape.

In the fall, Cherry Point took a decisive turn into the second category when a new chef took over, but not everyone in the neighborhood seems to realize it yet. People still tumble in for happy hour, when servers whose hairstyles take a minute to adjust to will pour three-gulp martinis, manhattans and Rob Roys (due for a revival) in little Nick & Nora glasses for $8 each, and then after happy hour ends at 7 p.m. most of the crowd generally drifts out to find somewhere else for dinner. The space, with its old-timey wainscoting and its central bar, is easy to mistake for a tavern.”

Read more here.

A New Bill Proposes Foie Gras Ban for NYC

Foie gras could soon be illegal to eat in NYC. A new bill from lower Manhattan councilwoman Carlina Rivera is proposing that the sale of the fatty duck liver be illegal, on the basis of animal cruelty. The bill proposes that violators would be guilty of a misdemeanor, with the potential for $1,000 in fines and one year in jail for each offense. The bills follows the Supreme Court rejecting a challenge on California’s foie gras ban. Brooklyn councilman Justin Brannan backs the bill, telling the Post, “Don’t tell me you’re a fan of the Central Park Mandarin duck but you think foie gras is ok.”

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The Rise, Decline and Section 363 Sale of the New York Coffee Chain Fika

Fika coffee new york

“Though the word “fika” famously refers to the Swedish cultural practice of slowing down to relax with those around you over coffee or tea and a small bite, the New York City coffee chain Fika has been operating at a breakneck pace in recent years.

By 2016, ten years after opening Fika with a single Manhattan location, founder Lars Akerlund had led the boutique coffee chain to 17 locations while signaling the company’s intentions to expand its physical footprint into more U.S. cities and countries overseas. Two years after that, by Sept. 2018, Fika had filed for Chapter 11 bankruptcy.

Today, the company is down to six New York locations, and it has recently been acquired through an auction process under the U.S. Bankruptcy Code, section 363, according to an announcement made by Cozen O’Connor, a law firm involved with the acquisition process.

“The expansion required significant start-up costs for each of the locations before they could become profitable,” the firm said, noting the rapid addition of 12 Fika cafes that began in 2013. “FIKA was subsequently unable to secure additional investors to cover the expansion costs and its operations alone could not absorb the increased start-up expenses. The legacy costs from the aggressive expansion forced FIKA, therefore, to close a number of locations and return to a streamlined, conservative business model centered on fewer stores.”

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WeWork Ventures into Coffee Retail with Bluestone Lane Partnership

WeWork coffee bar

“The popular co-working and office space provider WeWork today unveiled Made by We, a public retail concept that includes a full cafe from New York-based and self-described “Australian-inspired” coffee chain Bluestone Lane.

Located at 902 Broadway in the heart of Manhattan’s Flatiron district, the Bluestone Lane bar stands at the center of the new concept from WeWork umbrella company The We Company, which signaled an intention to open more retail locations in the future.

While the Made by We location includes 100 bookable individual workspaces and meeting spaces for groups, it varies from other WeWork locations in that a subscription or booking is not required to enter.

In addition to Bluestone Lane, there are other vendors within the retail space offering items like snacks, apparel and digital accessories. Bluestone Lane said it is including its full extensive coffee and espresso drinks menu, along with its freshly prepared toasts, and grab-and-go items including gluten-free pastries from Husk Bakeshop.”

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NYC’s Most Anticipated Openings of Winter 2019

“To be sure, increased costs is having its impact. Some of the city’s most exciting restaurateurs are focusing their efforts on smaller spaces. The Franks of Italian favorite Frankies 457 are now working with one of Long Island’s most legendary pizzamakers, Umberto Corteo, but it will be for a slice shop. All-day dining — a format that, for some, is a way to help maximize sales — continues to flourish, like at Gertie, Pilar Cuban Bakery, and Bourke Street Bakery.

Money, after all, still runs things. The biggest change to the dining scene will be the debut of all the restaurants at Hudson Yards, the behemoth Manhattan far west side development from Related Companies that has cost $20 billion. Most of the chefs in it needed to have at least $2 million in upfront capital. It arguably isn’t great for the future of NYC dining.”

Read more here.

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https://paigepapers.com/2018/12/05/17317/

New Food Hall Planned for Chinatown

CSM_20WINDOW_20DISPLAY.0.jpgFood halls have been popping up everywhere lately, and – love them or hate them – the trend doesn’t seem to be slowing down. The latest addition is the planned Canal Street Market, set to open in November in 12,000 square feet of space on Canal between Broadway and Lafayette. There are 11 confirmed vendors, including bubble tea favorite Boba Guys, Davey’s Ice Cream, and a new concept Yori Nori from the team behind Chelsea Market’s ramen shop Mokbar. There will also be a retail portion to the market including home goods, ceramics and flowers.

Developer Phillip Chong describes the market as a way to appeal to the “gourmet-minded” and “young, energetic downtown creatives.” The space previously housed high-end clothing store Necessary Clothing, and a number of smaller shops before 2012.

To read more, click here.