Nicholas Gray, founder of Gray’s Papaya, introduced his Recession Special in 1982: Two hot dogs and a tropical drink for $1.95. He died at 86.
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https://www.wsj.com/articles/nicholas-gray-founder-of-a-new-york-hot-dog-institution-dies-at-86-367c15c1Gray’s Papaya entrepreneur kept prices of franks and papaya juice low and apologized when he had to raise themNicholas Gray, founder of Gray’s Papaya, offered New Yorkers a 1982 Recession Special: two hot dogs and a tropical drink for $1.95.was open to alternatives.
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