Los Angeles sees influx of new restaurants despite tough economy

Los Angeles sees influx of new restaurants despite tough economy

LOS ANGELES —With financial backing harder to come by in today’s tough economy, restaurant deal makers here say the flow of new restaurants may slow to a trickle.

For now, however, Los Angeles is seeing a small boom in new concepts that entered the developmental pipeline before financial markets crashed last month. The new restaurants, filling venues leased months ago, now appear to be banking on the city’s recession-resis

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