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Every morning, thousands of New Yorkers line up at chrome breakfast carts for coffee, bagels, and doughnuts — fueling the city’s workforce with meals that cost just a few dollars. But behind this daily ritual is a fragile industry: one that depends on massive suppliers churning out pastries by the truckload, immigrant vendors working shifts at the crack of dawn, and a permit system so restrictive it’s sparked protests in the streets. In a city that runs on breakfast-on-the-go, these carts are a lifeline for workers and a multimillion-dollar business. Now, with rising costs and mounting legal battles, the future of New York’s breakfast cart industry is at a crossroads. 00:00 - Introduction 01:33 - Pandora Bakery 05:09 - Food Cart Hustle 05:50 - Naty’s Cart: Las Reinas del Sabor 07:27 - History of New York City Food Carts 09:00 - LaGuardia Pushcart Crack Down 11:19 - Ed Koch’s Permit Cap 11:38 - Underground Permit Market 12:40 - Petey Stathopoulos: Peteys World Cafe 13:50 - Zohran Mamdani Halalflation 14:11 - Permit Scammers 14:48 - NYPD Street Vendor Crackdown 15:30 - ICE Street Vendor Raids 15:39 - Street Vendor Protests 16:34 - City Council and NYC Health Dept. Response 17:25 - Credits Read "My dad ran a food cart and called it the 'worst business.' I decided to follow in his footsteps anyway": https://www.businessinsider.com/dad-r... ------------------------------------------------------ #foodcarts #nycfood #newyorkcity #streetvendors #doughnuts #bigbusiness MORE BIG BUSINESS VIDEOS: Why Nepal Grows Japan’s Cash • Why Nepal Grows Japan’s Cash | Big Busines... How Pistachio Farmers Built A Billion-Dollar Empire During California Droughts • How Pistachio Farmers Built A Billion-Doll... Why Billionaires Are Burying Their Wealth In Bunkers • Why Billionaires Are Burying Their Wealth ... Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: / businessinsider Business Insider on Instagram: / businessinsider Business Insider on Twitter: / businessinsider Business Insider on Snapchat: / 5319643143 Business Insider on TikTok: / businessinsider The Hidden Costs Behind NYC’s 20,000 Food Carts | Big Business | Business Insider