Tavern on the Green Auction

So many NYC restaurants both big and small haven't been able to survive the recession- a few which come to mind is Payard the lovely French eatery and bakery( used to love their flour less walnut cookies) which closed its doors in June 2009. For a complete list of recent NYC restaurant closures check out-http://cititour.com/NYC_Restaurants/listings/search_results.php?limit=closed

It is a shame so many restaurants are closing their doors. If the trend continues, this city will be a ghost city with no stores in it at all. Actually, I read somewhere that according to a visionary, by the year 2015, no one would be left in this city, for the cost of living would be so high everyone would leave. I wonder it that is going to happen, considering all the stores that are closing and restaurants closing their doors as well.

What do you think?

I can understand people leaving New York because the cost of living is so high; but this seems to have been the case for years, even before the recession. As I hear Jay-Z saying about the New York population a lot lately, "it's a shame half of y'all won't make it."

And restaurants come and go here as a general rule - the landscape is always changing in New York, and it's unlikely to stop any time soon. Things seem worse than usual, obviously, but there are restaurant openings still going on.... We're not doomed just yet.

@ BroadwayBK Jay-Z's so cool. And so right.

@the others. Yeah I'm not ready to fold up my arms and cry economic blight just because a few shops close. There are lots of places opening and that seems to be the rhythm of the city.

@ Uraniumfish of course the city will go on.. I just have to keep a track of restaurant openings and closings as a part of my work profile..

Oh, the Sullivan Street Bakery closed (from your list, uptowngirl). Pity.

@uptowngirl Do you think that the recession has closed more restaurants than would usually close in a year?