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83 percent of NYC restaurants, bars unable to pay full rent, survey reveals
NY Post ^ | 8/3/2020 | Carl Campanile

Posted on 08/03/2020 11:44:43 AM PDT by JonPreston

The coronavirus pandemic continues to impose a severe economic toll on New York City’s eateries and pubs — with 83 percent of establishments saying they’re unable to make their full July rent and 37 percent unable to pay at all, a survey released Monday reveals.

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events
KEYWORDS: nyc; restaurants
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Turn out the lights, the party's over
1 posted on 08/03/2020 11:44:43 AM PDT by JonPreston
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To: JonPreston

Open up the damn city....people will get it....keep going this way and it will go on for years.


2 posted on 08/03/2020 11:47:29 AM PDT by Sacajaweau
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To: JonPreston

Would never have believed it if someone said Manhattan could be destroyed by an object that can’t be seen with the naked eye. But Rumsfield warned about this post-9/11.


3 posted on 08/03/2020 11:48:40 AM PDT by The Westerner (Protect the most vulnerable: get the government out of medicine, education and forests.)
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To: Sacajaweau

That’s entirely up to the business owners. They seem to acquiescing to state and local government.


4 posted on 08/03/2020 11:50:09 AM PDT by JonPreston (Covid19 is communist Chinese bioweapon)
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To: JonPreston

Of course they can’t.
Cuomo and De Bozo have killed the Restaurant Industry.


5 posted on 08/03/2020 11:50:45 AM PDT by tennmountainman (The Liberals Are Baby Killers)
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To: The Westerner

It’s stunning that people are watching their life’s work be destroyed by hack politicians and a comatose public.


6 posted on 08/03/2020 11:51:58 AM PDT by JonPreston (Covid19 is communist Chinese bioweapon)
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To: Sacajaweau

Hopefully they hurry up before the overdue mega earthquake puts the city underwater.


7 posted on 08/03/2020 11:52:38 AM PDT by Morpheus2009 (If you want me to be afraid, then be consistent in your logic, standards, and your lies!)
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To: JonPreston

But all their employee’s are getting a ton of free cash, it is the Small Business owners who are the Real Targets, unfortunately all those getting their free check will be casualties very soon too.


8 posted on 08/03/2020 11:56:58 AM PDT by eyeamok
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To: JonPreston

I’m surprised even 17% still have the ability to pay

I wonder if the list includes large corporations like McDonald’s?


9 posted on 08/03/2020 11:57:25 AM PDT by PGR88
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To: The Westerner

>>Would never have believed it if someone said Manhattan could be destroyed by an object that can’t be seen with the naked eye.<<

No, warren wilhelm jr. is quite unhappily able to be seen by the naked eye.


10 posted on 08/03/2020 11:57:33 AM PDT by freedumb2003 ("Do not mistake activity for achievement." - John Wooden)
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To: JonPreston

They probably can’t pay their taxes either.


11 posted on 08/03/2020 11:59:06 AM PDT by Mark (Celebrities... is there anything they do not know? -Homer Simpson)
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To: JonPreston

Well said.


12 posted on 08/03/2020 12:00:33 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: eyeamok

What good is a restaurant if you can’t eat in it, chat and have a drink? The politicians are destroying NYC and the idiots who voted for them are getting what they deserve. Anyone who can move, should move.


13 posted on 08/03/2020 12:00:40 PM PDT by JonPreston (Covid19 is communist Chinese bioweapon)
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To: JonPreston

“That’s entirely up to the business owners. They seem to acquiescing to state and local government.”

Au contraire, you can’t open anything and the penalties are harsh if you try.


14 posted on 08/03/2020 12:10:39 PM PDT by romanesq (Flubro, from the people who brought you the stupidity of grifters & the letter Q)
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To: The Westerner

You would also have never have expected one political party, AND the media, to essentially conspire with China to undermine the economy of the US, but here we are.


15 posted on 08/03/2020 12:11:25 PM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
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To: JonPreston

Great job NYC, please keep voting prog so the rest of the US can see what that produces.

.


16 posted on 08/03/2020 12:14:34 PM PDT by TLI (ITINERIS IMPENDEO VALHALLA)
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To: JonPreston

Many, if not most restaurants in Manhattan have had thin margins to begin with.


17 posted on 08/03/2020 12:16:20 PM PDT by neverevergiveup
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To: JonPreston

I think this would be an ideal time to eliminate the police in NYC.

Liberal Hellhole to the max. No bailouts or any more Unemployment help, either.


18 posted on 08/03/2020 12:17:29 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: JonPreston

I’d say by the time Trump wins in November most NYC restaurants will be bankrupt and closed.


19 posted on 08/03/2020 12:18:45 PM PDT by 1Old Pro (#openupstateny)
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To: JonPreston

Hey, take your grievances to Gracie Mansion. Your produce has to be rotten enough by now to put a real stink on deblasio’s fortress of ineptness.


20 posted on 08/03/2020 12:23:58 PM PDT by smvoice (I WILL NOT WEAR THE RIBBON.)
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