‘Don’t spend $20 on an acai bowl’: gen Z are shunning private equity’s restaurant takeover

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Guardian Business

‘Don’t spend $20 on an acai bowl’: gen Z are shunning private equity’s restaurant takeover

As more PE firms invest in food establishments, people are bemoaning the ‘same-ification’ of NYC’s restaurant scene Los Tacos No 1 is a classic New York success story. After the Mexican-style taco joint opened in 2013, it quickly became a critic’s pick in the city’s paper of record, drawing long lines and a devoted lunchtime crowd. As word spread about its juicy al pastor and handmade tortillas, it expanded to nine l…