2023 Full Board Agenda PRESS -Memo 5_16

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Op-ed: Astoria is doing just fine, the thriving restaurant scene

Feb. 10, 2025 By Neil Herdan

There is no doubt these are very challenging times for Astoria businesses. The cost of many essentials, such as spare parts and food products, has increased. Conversely, labor costs, labor shortages, energy bills, and property insurance have skyrocketed. Some businesses, such as Retro on Broadway, lost their leases. Others, including Chez Olivia and Trattoria L’incontro, decided to move out of Astoria altogether. A few longtime owners decided to retire.