Magnolia Bakery where Carrie and the Sex in the City women went is really that good. To be honest they cake part is nothing extraordinary but the frosting is amazing. I had to wait in line for about 20 minutes but it was worth it. They bring the cupcakes out on platters and you are allowed to get 1 dozen per person. At $1.75, they are a reasonable treat. Definitely check it out on Bleecker in the Village.