New York City Liquor License “Transfers” Not so Simple

The New York Times recently reported on the free-wheeling business culture in Detroit, where regulation is lax, and real estate is cheap. In particular, it told how a restaurateur purchased his liquor license online for $18,000 through a Craigslist advertisement. Suspicious of this claim, the Bloomberg Businessweek explored further. As it turned out, the reporter […]

Read more...