Banxico Should Hold Key Rate Due to High Core Prices, Heath Says
Jonathan Heath, a Mexican central bank deputy governor, warned in an interview that the core consumer price reading remained stuck above 4.20% in the first two weeks of July. He stressed that the core rate, which strips out especially volatile energy and food prices, sets the medium-term trend for inflation.
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New York Post
41 minutes ago
- New York Post
The site of Williamsburg's famed Wythe Diner has sold
The site of Williamsburg's iconic '50s-style diner on Wythe Avenue — a longtime lodestar in one of the neighborhood's hippest corners — has officially traded hands for $12.5 million. The large corner lot, historically occupied by the steel frame of the shuttered Wythe Diner, is set to host a six-story mixed-use building. City records posted on Thursday confirmed the long-awaited sale. The $12.5 million deal closes a colorful chapter for the property, during which it lived many lives — as a classic railcar diner, a Mexican eatery, a coffee shop and even a Chanel pop-up. 5 The former Wythe Diner, located at the intersection of North 3rd Street. Google Earth 5 The steel structure has dominated the site since the 1950s. Eilon Paz The development is expected to include 5,000 square feet of ground-floor retail and 28 apartments above, according to a press release shared with The Post by commercial real estate brokerage TerraCRG. Plans to preserve the eye-catching prefab structure elsewhere will be announced in about a month. 'All parties collaborated thoughtfully to ensure the relocation and preservation of the vintage diner car, which is scheduled for removal post-closing,' the statement said. TerraCRG represented the property's former owner, Sandy Stillman, in the sale. Stillman operated the iconic diner Relish at the site from the late '90s to around 2010. She held on to the property through its many retail evolutions. 'What an amazing experience it was to serve this beauteous community in this sculpture of a restaurant with so much outdoor space in the early days of the BK food revolution, when it seemed as though nearly all customers were talking about art,' Stillman said in the statement. 5 The interior of the diner during its tenure as La Esquina, a Mexican restaurant. Eilon Paz 5 The site transformed into a pastel-covered confection in 2023 for a Chanel fragrance pop-up. Chanel 5 The vacant property will become a six-story development. Google Earth Stillman praised the buyers 'above and beyond spiritual beauty, talent and desire to help save this shiny diner.' The shiny shell arrived at the intersection of Williamsburg's North 3rd Street in the 1950s. Wythe Diner remained in operation until the late 1980s. The property, including the 2,800-square-foot prefab, sold to Stillman in 1998. Under Stillman's ownership, the site hosted the Mexican eatery Cafe De La Esquina, a Blank Street coffee shop and a colorful Chanel fragrance pop-up for fall Fashion Week in 2023. A report in early July by Crain's New York detailed Williamsburg-based developer Yoel Schwimmer's prospective plans to transform the site into a roughly 24,600-square-foot building. The new owner of the Wythe Avenue corner shares an address with Schwimmer's OVV LLC, so it appears that Schwimmer's plans are moving forward. The final $12.5 million deal was brokered by Andrew Manasia and Daniel Lebor at TerraCRG. Schwimmer could not be reached for comment by press time.
New York Post
an hour ago
- New York Post
Bodegas are the new ‘It' restaurants as dining out costs spiral: ‘It's not just mozzarella sticks anymore'
NYC's corner markets are cornering the market — on haute cuisine. As the cost of dining out in the Big Apple spirals higher, eating well without breaking the bank could be as simple as visiting your nearest bodega. The city's humble bazaars are increasingly perceived as epicurean pioneers — with gourmands and social media influencers clamoring for a bite. The craze comes as the price of eating out in the five boroughs has been said to soar by nearly 30%, according to a 2024 City Comptroller's Office report — with even a sad Midtown desk lunch of salad or fast food often costing a minimum of $15 nowadays. 16 A worker prepares a shrimp and octopus cocktail at La Esquina Del Camarón Mexicano, a Mexican seafood depot at the back of an Indian bodega in Jackson Heights, Queens. Tamara Beckwith/ By contrast, determined diners willing to look past the toilet paper rolls and bricks of Cafe Bustelo can fill their belly at a wave of unlikely grocery gastro-hubs for a fraction of the price — without degrading their palate. 'I go to my bodega every day, and the halal food is better than the food truck next door and cheaper — and they can do it all,' Karissa Dumbacher, an NYC foodfluencer with over 5 million followers across TikTok and Instagram, told The Post. 'I mean, it's not just mozzarella sticks anymore.' Here's the dish on six tasty, cutting-edge supping spots. Java, no jive 16 IndoJava Chef Anastasia Dewi Tjahjadi and owner Elvi Goliat display a bowl of lontong mie. Tamara Beckwith/ There's no menu at IndoJava, a bite-sized bodega in Elmhurst, Queens — but behind the selection of sambals and other Indonesian staples, intrepid diners will find one of the toughest tables in town. Javanese chef Anastasia Dewi Tjahjadi, one of two haute-hash slingers (Thursdays, a chef from Jakarta takes over the stove), recently served just one dish: lontong mie ($15), a fragrant specialty from her hometown of Surabaya. The piquant combo of noodles, bean curd, bean cake wedges, compressed rice cakes, garlic crackers, prawns and clam skewers packed a punch — in a brawny broth infused with pungent shrimp paste and served with weapons-grade chili peppers. 16 Diners can eat at a squat yellow table at the back of the bodega. Tamara Beckwith/ And don't bother asking the chef to turn the heat down. 'I don't want the people to come here and be, like, 'Oh, I'm sorry, I don't like spicy' — because my food … is spicy,' the griddle gourmet proudly told The Post. 'I can't make it not spicy.' Opened back in 2008, IndoJava has become a bona fide sensation. In a viral video, influencer Dumbacher labeled the offerings the closest thing to 'actual authentic Indonesian food in New York City.' IndoJava's food pop-ups are available on Tuesdays from 10 a.m.-8 p.m. and Thursdays from 10 a.m.-3 p.m. while supplies last; daily specials are announced on Instagram. 'We do very traditional, very authentic,' owner Elvi Goliat told The Post. 'We need to make something interesting so they will come every week.' IndoJava, 8512 Queens Blvd., Elmhurst Mart of the deal 16 A variety of Guatemalan specialties are displayed at the Karen Deli. Stefano Giovannini for In Sunset Park, Brooklyn, the tiny Karen Deli has an ace up its sleeve — a speakeasy-like Guatemalan canteen located incongruously at the back, near a Central American mural. The crown jewel drawing in-the-know types is the Pepian De Pollo ($13), a rich, spice-inflected stew studded with pumpkin seeds, best paired with a chuchito ($3), a miniature Guatemalan tamale, and washed down with a regional soda from the cooler. This hearty combo costs a fraction of what you'd pay for one entrée at a sit-down spot in nearby trendy neighborhoods. 16 It is one of many bodegas serving unique dishes. Stefano Giovannini for According to legendary NYC restaurant critic Robert Sietsema, unexpected finds like these show how bodegas are evolving. 'For decades, [the bodega] was a province of Puerto Ricans and Dominicans and African-Americans, hence the term bodega, which is just Spanish for store,' the Village Voice alum told The Post. 'This is indicative of other groups taking over the bodegas, having a much broader selection,' he said. Karen Deli, 6116 5th Ave., Brooklyn Prawn stars 16 A cocktail of shrimp and octopus at La Esquina Del Camaron. Tamara Beckwith/ Jackson Heights, Queens, has always been the Big Apple's multicultural bouillabaisse. Head to Roosevelt Avenue — where diners will find an Indian mini mart in the front and a Mexican seafood restaurant in the back. Dubbed La Esquina Del Camaron Mexicano, the tiny, cash-only sit-down serves shrimp and octopus cocktails with cilantro, avocado and a 'secret' cocktail sauce ($15 for a small portion). 16 Indian bodega La Esquina Del Camaron features a bustling Mexican seafood restaurant. Tamara Beckwith/ 16 Diners can check out a mini mart in the front — and the seafood paradise in the back Tamara Beckwith 16 The Jackson Heights go-to also offers Coctel de Camarones y Pulpo, and fish and tacos. Tamara Beckwith/ It's perhaps one of the few places in town you'd want to tuck into a plate of shellfish while pondering a wall of e-cigarettes and playing your scratch-off tickets. La Esquina Del Camaron Mexicano, 8002 Roosevelt Ave. The hero we deserve 16 The hand-scrawled hero menu frames a kitchen worker at Sunny & Annie's Deli. Tamara Beckwith/ Sunny & Annie's Deli in Manhattan's East Village is much more than a bacon-egg-and-cheese broker, offering a 24-hour smorgasbord of inventive, submarine-sized, Asian-inflected heroes, which the Korean owners list on handscrawled notecards. Wacky fare includes the Obama (grilled chicken and eggplant), the Bernie Sanders (teriyaki chicken and shiitake mushrooms), and other sandwiches whose ingredients appear to be charmingly unrelated to their celeb namesake. Check out the Pho #1 ($10.99 cash, $11.97 using a card), which, like its eponymous soup, features beef, bean sprouts, basil, cilantro, sriracha and a slathering of hoisin. The dining depot is a standby for food critic Sietsema, who described the noshes as 'just plain weird in a good sort of way.' 16 A pho-inspired sandwich from Sunny & Annie's Deli. Tamara Beckwith/ 'There's no place that makes sandwiches that uses the odd combination of semi-healthy ingredients with good bread,' the pro told The Post. 'And people that go in there for the first time, they're dumbstruck by the menu.' Sunny & Annie's Deli, 94 Avenue B Way to plant 16 The Clinton Fruit Market on Ninth Avenue in Manhattan is one of 50 bodegas where customers can find Plantega. Tamara Beckwith/ Bodegas haven't historically been bastions of vegetarian-friendly fare, Plantega is changing that — offering a '100% plant-based menu' that 'reimagines New York's iconic deli sandwiches,' ranging from the steak, egg and cheese burrito to the chopped cheese (both $12). 'In a way, bodegas are the city's original test kitchens,' Plantega Founder and CEO Nil Zacharias told The Post. The concept, launched in 2022, is available at 50 bodegas. It reflects the corner store's legacy for innovation, where a 'Dominican-owned grill meets halal ingredients, or a classic bacon, egg, and cheese gets a twist that reflects the neighborhood,' he said. 'Too often, 'better food' is framed as something exclusive,' he told The Post of grub which is often 'packaged for a certain demographic.' 16 A vegan chopped cheese, courtesy of Plantega. Tamara Beckwith/ 'Instead of asking people to change their habits, we chose to meet them where they already eat,' he added. 'That meant starting with the bodega, one of the most trusted, culturally rooted spaces in New York City.' Plantega features a Chopped Cheese with Beyond Meat, Stockheld cultured cheddar and Fabalish vegan mayo — a combo that's tasty and healthier than oft-dubious deli protein. 'The food is hot, satisfying and made to order, just without the meat sweats or the 3 p.m. crash that makes you question your life choices,' Zacharias quipped. Plantega, various locations Ock-ed and loaded 16 'For years, I [saw] people get the same sandwiches and order all of these things on the side,' said Rahim Mohamed, owner of Red Hook Food Corp. Stephen Yang Probably the only bodega in remote Red Hook, Brooklyn, to have lured celebs like Ed Sheeran and Giants quarterback Eli Manning, Rahim Mohamed's Red Hook Food Corp has become a viral sensation. Better known online as General Ock — derived from Americanized Arabic slang for 'akhi,' meaning 'brother' — the savvy seller has created a cutting-edge meal mecca, amassing over 5.5 million TikTok followers by sharing videos of him whipping up some of NYC's wildest vittles. 16 A sandwich hits the griddle before heading to a hungry customer. Stephen Yang 16 A stuffed sandwich at Red Hook Food Corp. Stephen Yang And no ingredient is too outlandish. Here, chopped cheese sandwiches are piled high with Pop-Tarts, mozzarella sticks, cotton candy, Rice Krispies Treats and more — in a method dubbed the Ocky Way. 'For years, I [saw] people get the same sandwiches and order all of these things on the side. I thought, 'Why can't I mix it all together?'' he told The Post in 2021. Red Hook Food Corp, 603 Clinton St., Brooklyn
San Francisco Chronicle
3 hours ago
- San Francisco Chronicle
S.F. Giants pregame bar closes after 18 years, plus more Bay Area restaurant closings
The following is a list of notable Bay Area restaurants that closed in July. Click here for a list of June closings. District, a popular ballpark-adjacent pregame spot for Giants fans, poured its final drinks July 1. Its owners thanked San Francisco for its support over 18 years. Set inside a brick warehouse building, District was best known for its wide selection of whiskeys and wines. Other locations in San Jose and Oakland remain open. SFGATE first reported the closing. (The Chronicle and SFGATE are both owned by Hearst but operate separately.) Downtown Oakland hi-fi bar and dinner party venue Couchdate has called it quits. SFGATE reported that owner Emmanuel Singh blamed the city of Oakland, its landlord at the space at Frank Ogawa Plaza. Oakland officials disputed Singh's account of the closure. An eight-year-old pub at Oakland's Jack London Square is no more. Seawolf Public House shut down due to outstanding debt and as its lease is set to expire at the end of summer, the business announced in a press release. The gathering space was a hub for locals to enjoy food and drinks in a laid back environment. A tough business outlook and regulars leaving San Francisco spelled the end of Chava's on 24th Street in the Mission District, owner Elba Hernandez told Mission Local. The decades-old restaurant, which first opened on 18th Street, was known for its homestyle Mexican cooking. Hernandez, Chava's owner since 2002, hopes to reopen somewhere else in the future. Walnut Creek's BH Wood-Fired Grill had a short-lived reopening. The restaurant, a spinoff of Napa's Bounty Hunter Wine Bar, closed in July after making a comeback in December of last year. East Bay Times reported the closing, writing the restaurant never found momentum, even after changing its menu. San Jose residents lined up for one last gigantic burrito at the original Iguanas location last weekend. The Orozco family, its owners, closed on July 27, with longtime residents making one last trip for chorizo breakfast burritos or the 18-inch-long burritozilla. Iguanas operated in the South Bay for 32 years, with other locations in the area. The Mercury News reported the closing. Noe Valley neighborhood restaurant Mr. Digby's closed after four years serving cocktails and buttoned-up bar food. In a parting message, owners Mike McCaffrey and Kristen Gianaras McCaffrey thanked regulars and neighbors for their support. The couple will continue to operate Novi, their nearby Greek restaurant. Sushi Zone has closed onSan Francisco's Market Street, where it began serving California rolls and nigiri in 1997. KRON 4 reports the restaurant's landlord did not renew its lease. The restaurant is looking for a new location, possibly outside of the city. Popular Latin American restaurant El Patio closed on July 4. The West Berkeley restaurant was known for its Mexican and Venezuelan dishes and deep mezcal list. Management said its goodbyes in a social media post, but did not identify any motives behind the move. El Patio will continue to offer food and beverage catering for private events. Seafood restaurant Fisch & Fiore in the Castro District closed after just a year in business. Hoodline reported the restaurant's final day was July 13. A message from the owners taped to the door states the space will reconfigure into a coffee shop. The space at 2298 Market St. is currently for sale. WesBurger 'N' More, once an entry on the Chronicle's top burgers list, closed halfway through July. Owner Wes Rowe told the Chronicle he made the decision due to the changing dining scene and customer habits, fueled by the rise of delivery apps. San Francisco wine bar and restaurant Kis Cafe has closed permanently following a public clash between its chef Luke Sung and a social media user. The restaurant first separated itself from Sung after he verbally criticized a food influencer who was at the restaurant to film a video. The restaurant first opened in May inside the former Petit Crenn space.
