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$54,000 Rent High For Hot Dog Vendor


NEW YORK, Aug. 10 (UPI) -- A New York hot dog vendor says he was evicted from his spot by the Metropolitan Museum of Art because he could not afford the $53,558 monthly rent.

Vendor Pasang Sherpa, 51, said he routinely made up to $1,500 daily at his location but fell $310,000 behind on the Parks Department rent, the New York Daily News reported.

"I'm going crazy," said Sherpa, who agreed in 2008 to pay nearly $643,000 annually for the vendor rights to the museum location. "I don't know what to do now."

Sherpa said his eviction comes after his business was hurt by a lengthy construction project near the museum's steps.

Parks spokesman Phil Abramson confirmed Sherpa and his vending carts have been evicted from the museum location and the city department has seized $170,000 in performance bonds from the hot dog vendor's company.

"As they are in arrears for the bulk of their contract, we are seizing their bonds and will seek the rest of the money they owe us through litigation," Abramson told the Daily News.

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  • bajaboy
  • posted by bajaboy
  • Date 8/10/2009 7:04:51 AM
  • Views: 1142
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12 Comments

Current View: 15 / Show all Comments

Asuka : LVL 37: VP 4.5: said:

Asuka

27 votes NegativePositive

108 days 10 hours ago...

Fuck me thats an insane ammount.

mufasa1023 : LVL 40: VP 4.8: said:

mufasa1023

12 votes NegativePositive

108 days 10 hours ago...

$642,696 in yearly taxes
$547,500 in yearly sales (assuming a constant $1500/day all year)

not including overhead...

G-This : LVL 58: VP 5: said:

G-This

21 votes NegativePositive

108 days 9 hours ago...

That`s why I always blow them fuckers up in GTA4. Take them poor bastards out of their misery.

nastc1 : LVL 32: VP 4.1: said:

nastc1

9 votes NegativePositive

108 days 8 hours ago...

rent for parking a hot dog cart. Gotta love NYC

hunterdfc : LVL 37: VP 4.5: said:

hunterdfc

20 votes NegativePositive

108 days 8 hours ago...

1,500 daily? FUCK SCHOOL IMMA GO SELL HOT DOGS!!!

focus mode : LVL 8: VP 1.7: said:

focus mode

-2 votes NegativePositive

108 days 5 hours ago...

good luck

BowlofWater : LVL 31: VP 4: said:

BowlofWater

0 votes NegativePositive

108 days 5 hours ago...

yea, at my university, the one hot dog stand there sells hotdogs like mad. they make mad revenue, i just always wondered how high their rent was tho.

thenonexistentgod : LVL 5: VP 1.4: said:

thenonexistentgod

1 votes NegativePositive

108 days 5 hours ago...

hunterdfc


the 1500 daily is only revenue not profit

R10 : LVL 14: VP 2.3: said:

R10

1 votes NegativePositive

108 days 2 hours ago...

^Still better than a normal summer job.

MarkKLC : LVL 38: VP 4.6: said:

MarkKLC

-1 votes NegativePositive

107 days 19 hours ago...

The guy needs to make $1800/day just to break even with rent, not including costs. He`d need to sell like 1 hot dog per minute to make even a little profit.

Yutakasama : LVL 28: VP 3.7: said:

Yutakasama

-1 votes NegativePositive

107 days 19 hours ago...

fuck that shit. that`s way too overpriced he should have known it wasn`t that worth it. any asshole charging that for just a hot dog cart doesn`t deserve shit. but then there`s the flipside so whatever. dirty water dog mmm

arville : LVL 31: VP 4: said:

arville

0 votes NegativePositive

107 days 13 hours ago...

Question : If say I made that deal then for a month I sell hotdogs then when its time to pay the rent Id say sorry I quit. Would they still go after me for the rent?

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