Greedy union local may push B. Smith restaurant to close its doors

Usually the Left loves to portray corporations as greedy to sell their class warfare rhetoric. But, The Blaze reports that New York’s Local #1 that owns buildings on restaurant row in the Theater District can be just as greedy themselves.

Barbara Smith, a famous model and “lifestyle entrepreneur,” started her B. Smith’s restaurant in 1986 in a New York neighborhood that, at the time, was “better known for junkies and hookers.” Since opening her Southern-inspired dining establishment, she helped reestablish the city’s Theater District as a popular and profitable tourist attraction.

However, some recent and unexpected financial issues have her wondering whether she should just close shop. See, Local 1 of the stagehands runs the building she has leased for the last 11 years on Restaurant Row–and they want to increase the rent 350 percent — from around $13,500 a month to about $50,000, going up to $60,000 a month within five years.

More here

Give a union a building to run and they can get quite capitalistic themselves.


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