October 17, 2019
As it approaches its 29th anniversary, Union Square-area favorite City Bakery may soon close its doors for good. The bakery and cafe opened in 1990 at 22 West 17th Street (it moved to its current 3 West 18th Street location in 2001) and has become well known over the years for its pretzel croissants, chocolate chip cookies, and decadent hot chocolate that comes with the option to add a massive, homemade marshmallow for $2, as well as the hot chocolate festival it hosted every February. However, as the Post first spotted, a two-part Instagram post last week explains that the bakery is in some serious financial trouble. "We have too much debt, debt which is like quicksand," they wrote.
READ MORE