No address better symbolizes the current era of culinary gentrification than 455 Hudson Street. Not long ago, it was a Chinese carry-out named Ho's Wok. Its fried rice and noodles were lunchtime staples of students at P.S. 3, an elementary school across the street whose alumni include Claire Danes and Julia Stiles. But in an era when every red cent must be wrung out of properties, restaurants that do not produce high cash flow for the landlord are, it seems, destined to be replaced by more lucrative spots. So, while the average meal at Ho's ran $5, the tab at newcomer Alexandra—with wine, tax, and tip—comes to around $50 per person, a... More >>>