Change Comes to Lower East Side Neighborhood
The price of a pastrami on rye at Katz’s Delicatessen may have inched higher over the years, but not much else has changed at this Lower East Side institution. You still get a paper ticket when you push through the turnstile and you can still send a salami to your boy in the Army.
Change, however, is all around Katz’s. New condominiums, many which stalled during the financial crisis, have been restarted and are nearing completion. New restaurants, hotels and retail stores are opening, replacing longtime bars and cafes that had been mainstays in the neighborhood for the last two to three decades. [WSJ]