Brooklyn bagel lovers hand over more dough

The cost of a bagel, minus a cream cheese smear, will go up 20 cents at a beloved Bath Beach eatery ? and the owner blames ethanol.

Tasty Bagels is increasing its price to $1 per bagel. Owner Joe Geraldi says the demand for the 100-pound bags of wheat he uses is rising, while U.S. supply is dwindling.

"Our government is exporting a lot of our wheat," Vincent Geraldi, the owner's son, says. "It's also due to ethanol. They're selling the wheat to make gas."

The Geraldis hope their product is so good, customers will keep coming back. However, the owner admits he may suffer some setbacks. "You'll see some cutting back," Joe says. "[Customers will] buy a half a dozen instead of a dozen."

The owner believes the price hike could last years.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."