{"id":1912,"date":"2006-12-19T08:16:36","date_gmt":"2006-12-19T16:16:36","guid":{"rendered":"https:\/\/www.bridgeandtunnelclub.com\/wordpress\/archives\/2006\/12\/and_just_163000_hot_dogs_later_or_4466_a_day_the_license_will_pay_for_itself.html"},"modified":"2006-12-19T08:16:36","modified_gmt":"2006-12-19T16:16:36","slug":"and_just_163000","status":"publish","type":"post","link":"https:\/\/www.bridgeandtunnelclub.com\/blog\/archives\/2006\/12\/and_just_163000.html","title":{"rendered":"And Just 163,000 Hot Dogs Later (Or 446.6 A Day), The License Will Pay For Itself"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.nypost.com\/seven\/12192006\/news\/regionalnews\/frankly__met_the_top_dog_in_cart_trade_regionalnews_david_seifman.htm\">privilege of selling hot dogs in Central Park for one year<\/a> exceeds the median price of a single-family home in many parts of the country*:<\/p>\n<blockquote><p><em>Vendors have agreed to pay up to $326,000 a year to peddle hot dogs in and around Central Park in the latest contracts awarded by the Parks Department, The Post has learned.<\/p>\n<p>And that&#8217;s for a single cart!<\/p>\n<p>Topping the list was north side of the steps to the Metropolitan Museum of Art on Fifth Avenue, one of the most expensive commercial parcels on earth on a square-foot basis.<\/p>\n<p>New York One LLC bid $326,000 for the right to continue selling $2 hot dogs, $1.25 sodas and 50-cent bags of chips from a 10-foot-by-5-foot cart next year. It has been paying $277,000.<\/p>\n<p>In the third year of the deal, the price goes up to $330,000.<\/p>\n<p>But the company balked at a 15 percent price hike &#8212; to an astonishing $375,000 &#8212; demanded by Parks for a companion cart on the south side of the heavily traveled steps. &#8220;We&#8217;re paying the city too much,&#8221; protested co-owner Thomas Makkos.<\/p>\n<p>. . .<\/p>\n<p>Makkos was tight-lipped about sales, except to say that he was providing a &#8220;great service&#8221; and bringing in &#8220;great revenue&#8221; to the city.<\/p>\n<p>In fact, the city hauled in $3.48 million last year from Central Park cart concessions, much of it from Makkos&#8217; company.<\/em><\/p><\/blockquote>\n<p>*See, <a href=\"http:\/\/www.realtor.org\/press_room\/news_releases\/2006\/2ndqtrmetros06.html\">for example<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The privilege of selling hot dogs in Central Park for one year exceeds the median price of a single-family home in many parts of the country*: Vendors have agreed to pay up to $326,000 a year to peddle hot dogs in and around Central Park in the latest contracts awarded by the Parks Department, The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-1912","post","type-post","status-publish","format-standard","hentry","category-need_to_know"],"_links":{"self":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/1912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/comments?post=1912"}],"version-history":[{"count":0,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/1912\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/media?parent=1912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/categories?post=1912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/tags?post=1912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}