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."
Oh man. It would be absolutely awful to lose this place. COME ON Cakeshop, you can do it!!
ReplyDeleteBy the way, who is the landlord??
Glad to hear they got a reprieve and hope they can find an investor.
ReplyDelete