Results tagged “savings”

Low-Income New Yorkers Have Little In Savings

According to a survey of low-income New Yorkers, Crain's reports that "two-thirds have less than $1,000 in savings to fall back on should even tougher times hit, while one-third have no savings at all."

Brooklyn Tightens the Pursestrings

Oh Brooklyn, you frugal little borough you. The Daily News reports that you are now one of the five most penny-pinching communities in America; one Crown Heights resident explaining, "People in Brooklyn know how to survive. We're resilient."

Restaurant Week, which was supposed to end after Friday night, has been turned into Restaurant Summer, with 130 restaurants extending their prix-fixe deals on weekdays all the way through Labor Day. The special three course menus – $24.07 for lunch and $35.00 for dinner – have proven extra-popular with recession minded diners this month, according to NYC & Company, which organizes the biannual deal. Restaurants participating in the Labor Day extension include such well-reviewed places as Centro Vinoteca, Mai House, Artisanal, Le Cirque, City Hall, Fig & Olive, Tribeca Grill, Town and Mia Dona. The full list will be on the Restaurant Week website after midnight Friday.

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