Quote:
Originally Posted by eweissenbach
I remember several years ago I was in Manhattan and talking to a NewYorker, (don't remember who, but I thought he was credible) who said that the city license to operate hot dog carts at the Empire State Building and Central Park were $500,000. I understood that to be one cart, but I may have misunderstood, it could have been for multiple carts. At any rate, I thought can you imagine how many hotdogs and pretzels you would have to sell just to break that nut! I too loved them.
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It might have been pretty high. NYC taxi medallions used to be $100-$150,000. I seem to think they did away with t he medallion system, maybe hot dog cart licenses are also cheaper.