New City
285 restaurants have held a licence here since 2002. 88 are trading today. Rent tier: Tier 4 · Value.
How long restaurants last here
That is 11 points below the citywide rate. This measures outcomes, not the quality of a place. Access to capital, insurance, lending and daytime foot traffic all move it, and none of them appear in a licence record. Read it as a description of what has happened here, not as a verdict on the neighbourhood or on anyone trading in it.
What is open here now
The concept mix among the 88 restaurants currently trading. 18 opened in the last two years.
| Concept | Open now | Share |
|---|---|---|
| Restaurant (unspecified) | 21 | 24% |
| Mexican | 16 | 18% |
| Coffee / Cafe | 11 | 13% |
| Bakery / Dessert | 10 | 11% |
| Italian / Pizza | 6 | 7% |
| American / Burger | 6 | 7% |
Addresses that have turned over most
Storefronts in New City that have hosted the most separate restaurants. A high count is not a verdict on the address either — but it is the first thing worth knowing before signing one, and it is the question a broker will not raise.
A neighbourhood is not an address.
Everything above describes New City as a whole. The record for one storefront is usually more decisive than the average around it, and the read scores a specific concept at a specific address for a specific operator.
Read an address in New City