Possibly true. If true, and if the current statistics have any validity, that would mean that ~4-4.5 million people would be infected, and possibly 10-15% would get hospitalized (400,000 to 675,000). Total beds available in the city, including converted hotel beds, is currently ~23,000. There are only ~63 acute care hospitals in NYC. I hope none of this comes to be.
No where close to 10-15% will need a bed. Maybe 1/100 of that.