Abdul Muhammad, owner of 99 Cent Fresh Pizza, the eight-location chain in Manhattan, told The Guardian last December that the continued rise in costs may force him to raise his slice prices for the first time since opening in 2001.
"I have to think about it because my customers, many of them unemployed and struggling to make rent, can't afford to pay more," he said.
As Bloomberg reported earlier this month:
The "pizza principle," a mainstay of New York economics for more than four decades, states that a slice of cheese pizza will always be the same price as a subway ride.
The rule has largely held true since first conjectured in the New York Times in 1980, with any increase in pizza prices tending to predict a matching hike in public-transit fares.
Not anymore. Prices for plain slices are soaring above $3 throughout the city along with commodity and labor costs. With the Metropolitan Transportation Authority freezing fares at $2.75, the gap between the price of riding downtown and satisfying late-night hunger pangs is growing quickly.
8 comments:
Lame - maybe now I'll loose some weight since I can not afford to engage in slice madness - EV Pizza $4 a slice! Bring back the good old Pizza Wars of 1st Ave and 14th streets - Those were the days
nothing better in the EV than the grandma slice at Solo Pizza on Ave B!
Jimmy's Pizza on 2nd Avenue and East 7th, across from Middle Collegiate, was the best pizza in the neighborhood, crusty and with the right amount of tomato sauce, for only $1.25 a slice, and on top of that was a sit-down restaurant. Those days are gone, I hope they are all enjoying their retirement!
Those cheap slices are terrible, anyway. It's better to just spring for a proper slice at Two Boots, Stromboli or Joe's.
My current fave pizza is Nolita Pizza on Kenmare Street. They used to have a second location on Second Avenue next door to Stomp but their landlord, Icon Realty, was unreasonable about a new lease.
I agree. The quality is terrible and you get what you pay for!
In my experience I would say that some dollar slices are (were) better than others. Depends on the pie maker. Agree that many dollar slices are inferior to Establishment pizza emporiums but a dollar slice that's been properly prepared and oven baked to crusty perfection is not half bad at all, however the half baked shits are barely edible with the gooey melted cheese about as appealing as a load of floating slime atop the Gowanus Canal.............must admit I've never refused one though. It is after all a NY slice.
unless you're a high school student, totally broke, or just so drunk that you would eat anything, a dollar slice is never an option.
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