There was a man making candy inside the cart as I approached, and I noticed a write up by the Village Voice posted on their window. They wrote a good review of it here.
Dragon's Beard candy is sort of like the equivalent of Chinese cotton candy. It's made from spun sugar, and when you take a bite, it's like biting into a puff of powdered sugar. The delicate sugar strands will be left hanging from your mouth, giving it the appearance of a Dragon's beard. Yao's candy has peanuts and coconut inside. Each container comes with 6 candies for $3. You can also get 2 containers (12 pieces) for $5.
|Each container comes with 6 candies for $3 (or 2 containers for $5)|
|See the fine sugar strands?|
|Here's a close up pic|
It's worth checking out, especially since it's still a novelty in NYC!