Thursday, October 20, 2011

Toasties is toast on Union Square

NYU Local reports this morning that Toasties, a favorite food-beverage stop among the construction worker and hungover NYU student set, has closed. The Marshal has seized the always-serviceable deli with sidewalk cafe on Union Square West near 15th Street. Apparently they haven't been making the rent with their landlord, NYU.

NYU spokesperson John Beckman told the NYU Local that:

"Toasties now owes NYU the equivalent of about 8 months of back rent, some $200,000. Over the course of the last three years, we have met with the owners several times, made significant efforts at being accommodating, and worked out a series of payment plans; each time, the owner agreed to the plans and ultimately failed to live up them."

$200,000? That's a lot of Sgt. Sweet Pepper Combos.

[Image via New York]

8 comments:

Crazy Eddie said...

Suck it NYU. Suck it and die.

Anonymous said...

They owe 200k? I don't see how you can play the NYU is evil card here...

Anonymous said...

Um, you can play the NYU is evil card b/c only NYU would charge a deli 25000 dollars a month!!

Anonymous said...

Toasties has been around since when? 2002? 2003? Did NYU jack the rent or has it always been that high?

Sunsimba said...

I'm not gonna blame NYU here either. Toasties is overpriced for what they offer, and was always busy. If they can't make rent on that, they're not doing business right.

Anonymous said...

toasties were making 'dough' hand over fist and most of it for cash. they paid their poor migrant mexican and polish workers squat and worked them 14 hours/day. Their food was disgusting, always good for a case of the runs. In short they were criminals and they are laughing at us all from their glam condos in Mianmi beach.

Anonymous said...

yo i used to work there. good thing they paid cash. $8/hour. undertable. at one point they would backup all our money by a week after someone fucked up selling beer to a minor and they got a huge fine. they always took all our tips from the tipbucket. and they were so broke they never even gave us toasties shirts and hats to wear. cheap fucking immigrant FOB place. at least we got free food. and i gave mad shit and discounts away to people. customer service was SHIT too. **you forgot to mention asian workers.

Anonymous said...

From what I've heard, the owner, Hilda Chang, screwed everybody over, NYU, vendors, IRS, her partners and investors etc., and pocketed all the money for herself like a crook.