SHAKE SHACK DOWN 58 PERCENT
Shake Shack’s recent report on its earnings gives a window on the hit restaurants are taking — especially since this is coming from an extremely well financed chain. Crain’s reports that same-store sales in NYC fell 58 percent in the second quarter. And this coming from a take-out business. “Shake Shack is in much better shape than most of the city’s 26,000 restaurants. It’s a public company with resources most independent operators can only dream of, starting with $184 million in cash on hand and a $50 million line of credit. The Manhattan-based chain with 280 locations nationwide even returned a $10 million Paycheck Protection Program loan in April.” And yet still…

PPP LOANS FILED HERE
The real estate search site RentHop did an analysis of PPP loans and zip codes and found that Fidi made the list of the five highest percentages of loans. It takes some analysis to fine tune the correlation, but there’s no doubt that more of the loans landed in richer neighborhoods.

HOCKEY-PLAYING HOME CHEF
NY Ranger Jacob Trouba lives in Tribeca when not in quarantine and lists Batard, Au Cheval and Marc Forgione as among his fave local spots. And now he’s cooking with Forgione on “Skates and Plates,” a show that pairs hockey players with chefs aired on the NHL YouTube channel. — The Post

CHURCH AND LISPENARD READY FOR DEMO
YIMBY reports that demo permits have been filed for the taxpayer owned by Peter Matera on Lispenard and Church. The new building will have seven-stories for mostly residential use with a ground floor retail. The building will have four full-floor units with a duplex penthouse.