Co-owner Nick Bodor told Grub Street's Jenny Miller that "several generous individuals" had chipped in with the $10,000 that the space needed to stay open.
However, as Grub Street points out:
Because of some real-estate taxes the landlord is passing on, plus fines and legal fees, Cake Shop needs to come up with almost $50K by June 20, or it could be curtains. "We're looking for an equity partner," Bodor said. "We want to sell a part of the company off to the right partner."