""It finally came to a point where we decided we're gonna go on our terms... We're not gonna wait for a buyer to come in and say, 'OK, I'm going to turn it into a hotel.'""
""The rent got too high, and there's nothing we can do about it. ... Tenants are pawns to the landlords.""
Papa Cristo's, a beloved Greek restaurant and market in Los Angeles since 1948, will close its doors on May 4 due to rising operational costs, particularly rent increases. The family-run business has been a focal point of the Byzantine-Latino Quarter, providing unique Greek dishes and goods for generations. The owner expressed frustration over the unsustainable rent and the potential future of the property, currently listed for sale at $5.2 million, underscoring the broader challenges long-standing eateries face in an evolving urban landscape.
Read at Los Angeles Times
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