cafe des artistes

NYC, LA Top List of Most Expensive U.S. Cities

Filed under: Luxury Travel & Hotels, Real Estate Developments

The list of the most expensive cities in the United States is now out, and unsurprisingly, New York has taken the top spot, with a cost of living that's double its closest follower. Of course, the financial crisis has put a bit of pressure on real estate prices and the cost of goods all over the country, but there are still some places that just cost a fortune.

New York: a two-bedroom luxury apartment (unfurnished) now costs a mere $4,300, off $200 from last year. And, there are other signs that the most expensive city is becoming less expensive, including the shuttering of Café des Artistes and the opening of our first J.C. Penney (ugh).

Los Angeles: this is where you go if you can afford only half the cost of living in New York. Unlike the most expensive city in the country, it makes sense to have a car out there, but get a nice one: you'll be spending a lot of time in it. LA has some of the longest commutes in the country.

Washington, D.C.: in this part of the country, take advantage of a 3.8 percent unemployment rate for the metro area. That's a hell of a lot better than the nationwide 9.8 percent (expected to break 10 percent early next year).

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Au revoir, Café des Artistes

by Carrie Coolidge (RSS feed) —

Filed under: Dining

Au revoir, Café des Artistes. One of New York City's most fabled restaurants, Café des Artistes, has filed a voluntary petition for Chapter 7 bankruptcy in U.S. Bankruptcy Court, Southern District of New York. The restaurant, which was located at 1 West 67th Street, just off Central Park West, was once regarded as one of the most sought-after and highly rated restaurants in Manhattan. Owner George Lang closed the restaurant in August for renovations with a planned reopening in mid-September. Sadly, it appears this is never to happen and the restaurant's doors have been shuttered for good. The bankruptcy petition lists assets of $84,500 and liabilities of nearly $500,000 owed to creditors.

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Tags: bankruptcy, cafe des artistes, CafeDesArtistes, food, food and drink, FoodAndDrink, restaurants