MARKET ST: RHINEBECK’S NEW RESTAURANT TEACHES THE MOST IMPORTANT REAL ESTATE LESSON.


Posted by Leonard Steinberg on August 19th, 2012

A wonderful new restaurant just opened Upstate New York in Rhinebeck:  Market St. (I am an investor, so naturally a bit biased) Last night, the second night, was nail-biting. Would people show up? Would the place be a success? The lesson learned is that a premium location is the key to success in all real estate, especially restaurants: Within 3 hours of opening, the place was full and people were waiting to get in. The historic building located across from the Beekman Arms Hotel is very charming, and the interior, with it’s country-city, Belgian-inspired relaxed chic seemed to resonate well with the crowds. The superb Gianni Scappin contemporary Italian food kept the crowds happy.