On any given day, newspapers across the country run obituaries on restaurants, both chain and independent. While the cause of death may vary, more often than not rising—and, in many instances, skyrocketing—rent contributes to a restaurant’s early demise.From Honolulu to New York and too many other cities in between, some restaurateurs are deciding that closing their doors is preferable to trying to eke out a profit when faced with escalating rents—in some cases to the tune of 400 percent. ...
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