Midtown Already Feeling Lehman Withdrawl

[Renew Deal]

Crains is reporting that sales are down at a number of Midtown businesses that depend on Lehman Brothers employees. ”Business at the Majestic Delicatessen was down 50% Monday, according to owner of the breakfast and lunch spot located… at 7th Avenue and 50th Street.” Also mentioned in the article as being affected: Ben Benson’s (on 52nd & 7th) and countless tailors in the area, who have already seen drops in the number of suits being ordered. In contrast, according to the LA Times, popular bars in the area (like TGI Fridays and Emmett O’Lunney’s) have been full.
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http://midtownlunch.com/blog/2008/09/16/midtown-already-feeling-lehman-brothers-broswithdrawl-business-is-down-restaurants-tailors-new-york-city-nyc/