PrintSubway Fares and Slices, Still Running Neck and Neck
The following is from the New York Times late last week. I forgot to mention it here on Friday. It's a story about the impending subway fare increase and makes the now-obligatory correlation between subway fares and slice prices:
These days, pizza routinely costs $2.25 in some neighborhoods. While a slice still goes for $2 in many places, and for even as little as $1.75, a charge of $2.25 is routine in Midtown. One pizzeria in Times Square demands $2.35. A parlor on the Upper West Side has the nerve — it’s hard to think of another word for it — to insist on $2.55.
Given these fundamentals of economics, the $2 fare seems as shaky as Lindsay Lohan’s hold on sobriety.
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5 Comments:
Boo, it's a TimesSelect article, which means I can't read it unless I shell out money for a subscription or sign up for a "free" trial. Anyway, I was in NYC last week, and I was SHOCKED at how cheap the subway is. It can cost me around $15 to take public transportation from one side of the Bay Area to the other. One way.
toastykitten at 6:56PM on 07/30/07
reminds me of those delis that have the nerve to charge $1.10 for a can of soda.
dougcress at 7:04PM on 07/30/07
Well, for most pizza places, especially in midtown, their most expensive ingredient is rent. Unlike the MTA, which gets its real estate for free, the old italian man in the pizza shop (or any race for that matter) has pizza cutter thin margins to work with.
canonizer at 10:28AM on 07/31/07
Toasty: Sorry. I should have posted it sooner—I would have had access to the "Share" permalink.
Doug: Yeah. Why the extra 10¢?
canonizer: So true. Plus, if the average pizzaiolo ran his shop the way the MTA did, the IRS would be on him like cheese on pizza.
Adam Kuban at 11:46AM on 07/31/07
Huh. Well out in Jamaica, Queens, little Margherita Pizza is charging $2.50 a slice, $17 for a pie. Still, around mealtimes, they jam and for good reason. Quality, freshness and care. Old school NY Slice in Queens
corgi at 10:24AM on 08/03/07