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Economy

Empty Offices and Inflation Are Threatening NYC’s Food Trucks

New York City’s food truck owners are finding new ways to stay afloat as soaring food and gas prices, combined with fewer customers, eat into their profits.

Jamaican food truck Jamrock Jerk on Park Avenue and 53rd Street in East Midtown.

Jamaican food truck Jamrock Jerk on Park Avenue and 53rd Street in East Midtown.

Photographer: Teresa Xie/Bloomberg

The last time Adele Ibrahim made a trip to his local Costco to stock up for his breakfast food truck on 57th Street and Lexington Avenue in midtown Manhattan, he went home emptyhanded. Over seven years in business, he’s never seen his costs this high. 

"I'm thinking about raising prices from the beginning of the year," Ibrahim said. "At least a quarter more for everything."