In The News May 16, 2024

The shocking state of the restaurant industry: ‘We can’t afford to be open. We can’t afford to be closed.’

In October, Lauren and Peter Lemos locked the doors of their Chinatown sandwich shop for what they thought would be the last time. In late March they flipped Wax Paper’s lights back on — not due to newfound success or a windfall but because they couldn’t afford to shut down.