ZAGAT

No Stars: Zagat Nixes Sale

No Stars: Zagat Nixes Sale
Joe Fornabiao.

Tim and Nina Zagat have ended efforts to sell their eponymous guide-book business, according to Dealbook this morning. Prospective buyers apparently balked at the $200 million asking price.

“While we considered some very attractive options, given our Company’s strong performance and continued momentum, and in light of the current economic climate, we have decided to continue to grow our business organically," the Zagats said in a statement.  read more »

New Zagat: Meyer Tops Meyer, Diners Hail Health Department, Brooklyn Earns a Map, Graydon Who?

The results of the latest Zagat Survey of New York restaurants are in, with input from a record 34,678 diners, and respondents have issued a resounding mandate to the city’s Health Department: Stay the course!

Asked “Do you think the recent temporary shuttering of some NYC restaurants for health violations is…?” only 15 percent answered “[a]n overreaction,” while a whopping 65 percent said “[w]arranted.” (Another 20 percent were undecided.)

The overwhelming support for the continuing Health Department crackdown on the city’s food-service sector comes on the heels of last month’s New York Post report, which found that city health inspectors had flunked 25 percent of all 28,955 eateries they inspected during fiscal year 2007.

Other findings from the brand-spanking new Zagat 2008 New York City Restaurants guide:  read more »

When Drink Prices Soar, Nights Out Plummet. Slightly. (Or: 6,000 Zagat 'Nightcrawlers' Can't Be Wrong)

The cost of the average drink in New York City has soared 7.3 percent to $10.12, according to the 2007/2008 Zagat Survey New York City Nightlife, released Wednesday.

Perhaps not coincidentally, New Yorkers are cutting back slightly on nights out per week (2.0) and on their nightly drink intake (3.2), compared to years past, the new survey finds.

Also, meatpacking is still hot. And yet not. Read survey gurus Tim and Nina Zagat's comments on the new trends here.

More survey highlights after the jump.  read more »