#559 - Restaurants nationwide raise prices amid soaring costs, labor shortage

With New York City’s restaurant scene coming back after ­COVID-19, there’s something new on the menu — bigger bills.

Diners had better bring their cash as well as their appetites, as city restaurant prices  are going up thanks to rising costs in food, supplies and labor, restauranteurs said.

“If we’re getting squeezed there’s only two ways to handle it, either cut costs or raise prices, there’s no alternatives really,” Hakan Swahn, the owner of Midtown’s Aquavit, told The Post Monday.

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.

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