Biscotti Bakery Closing After Rent Hike, ‘Mall-ization of Manhattan’
(DNAINFO) Rosa Goldensohn — Patrons at Tenth Avenue’s Bis.co.latte will dunk their last biscotti July 31, when the bakery-café closes after eight years in the neighborhood.
Husband-and-wife team Holly and Antone DeSantis decided to close after their landlord proposed a more than 35 percent rent hike, they told DNAinfo New York. Their lease ran out in April, and building owner Nick Drivas wanted $7,500 a month for the 650-square-foot space, up from $5,500, they said.
Drivas did not immediately respond to a request for comment.
The rent hike was the final blow to a business already struggling, according to the owners.