The best thing Vera Cruz has to offer is the happy hour margarita. They're suprisingly strong and suprisingly good. They come in a variety of flavors and with summer rapidly approaching there's nothing better you could ask for.
I'm from southern california and I think the food is medocre at best. Bean just up the street kicks Vera Cruz in the soft bits when it comes to the eats. However Bean does not serve alcohol so Vera Cruz has an edge. I'd stick with the bar and maybe an appetizer, but the food generally isn't anything special. Its not bad but if I'm paying NYC prices for food, I want something special.
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