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Cupcake institution moves northward

January 27, 2008 By Special to amNewYork,Farnoosh Torabi  Special to amNewYork

There are few small businesses that can comfortably afford a $400,000-per-year lease in Manhattan.

There are even fewer ones that can do so selling cupcakes.

Magnolia Bakery, the West Village destination well-known for its butter cream-frosted baked goods, celeb appeal and its cameo in SNL's "Lazy Sunday" digital short, has recently opened a second domain on 200 Columbus Ave. at West...

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