Posted on 08/11/2020 3:26:31 PM PDT by Mount Athos
In the heart of Manhattan, national chains including J.C. Penney, Kate Spade, Subway and Le Pain Quotidien have shuttered branches for good. Many other large brands, like Victorias Secret and the Gap, have kept their high-profile locations closed in Manhattan, while reopening in other states.
Michael Weinstein, the chief executive of Ark Restaurants, said he will never open another restaurant in New York.
Of Ark Restaurants five Manhattan restaurants, only two have reopened, while its properties in Florida where the virus is far worse have expanded outdoor seating with tents and tables into their parking lots, serving almost as many guests as they had indoors.
Theres no reason to do business in New York, Mr. Weinstein said. I can do the same volume in Florida in the same square feet as I would have in New York, with my expenses being much less.
In Manhattans major retail corridors, from SoHo to Fifth Avenue to Madison Avenue, once packed sidewalks are now nearly empty. A fraction of the usual army of office workers goes into work every day, and many wealthy residents have left the city for second homes.
Some popular chains, like Shake Shack and Chipotle, report that their stores in New York were performing worse than others elsewhere, investment analysts said. A few dozen Subway locations have closed in New York City in recent months.
A Gap Store near Rockefeller Center has stayed closed and has not paid its $264,000 monthly rent. Two T.G.I. Fridays in prime locations, one near Rockefeller Center and another in Times Square, have remained closed while its restaurants elsewhere in the country have reopened.
Landlords have started filing lawsuits against commercial tenants for not paying rent, accusing some national brands of trying to take advantage of the crisis.
(Excerpt) Read more at nytimes.com ...
The rents in Hong Kong make New York look cheap. Pretty typical in the kind of city deemed to be first tier by the opinion-makers. New York might well fall out of that list.
He already has restaurants in Florida.
New York was an expansion experience
“...who have no where else to go and are being held hostage have had enough and start electing sane people ...”
Don’t hold your breath.
“Time to create a chain of National Public Restaurants, always politically correct, never profitable, and mostly funded by the American taxpayer.”
limited menu
poor quality food that arrives at the table late and cold
surly waitstaff
overpriced
oh, wait, that’s EXACTLY like communist restaurants in the old Soviet Union!
Bump
Etymology
The etymology of the word is not generally agreed upon. The Oxford English Dictionary describes it as “of obscure origin”, possibly deriving from a historical sense of “shy” meaning disreputable.[1]
The Merriam-Webster Dictionary deemed it probably based on the German Scheißer (literally “defecator”, “shitter”[2]). A book published in 2013 traces the first use back to 1843, when scammers in New York City would exploit prisoners by pretending to be lawyers. These scammers were disparagingly referred to as “shisers”, meaning “worthless people” in British slang, which in turn was originally derived from the German “Scheißer”.[3]
Various false etymologies have suggested an antisemitic origin, possibly associated with the character of Shylock from Shakespeare’s The Merchant of Venice, but there is no clear evidence for this.[4] One source asserts that the term originated in Philadelphia in 1843 from a disreputable attorney named “Schuster.”[5]
“Commercial real estate is gonna get slammed.”
at least it will in NY City and other Dem-controlled hell-holes like Seattle, Portland, and Chicago
and here’s a tip: when sports are cancelled for a year and/or become little more than venues for BLM/Antifa/SWJ slogans and pontificating by the sportscasters, the fandom addiction will be broken, and return audiences will be VASTLY downsized, and many sports will therefore descend into a death spiral, all resulting in the eventual collapse of the high-end sports memorabilia market ...
It’s not just him, though, is it? And that’s the problem: liberals ruin their environment for business and growth, then move someplace else to rinse and repeat.
You can’t force the customers to shop. The only hope against slow business is the adult remedy: slow the spread of the disease.
“Were not insuring your region any longer.”
well, they can always pull out of an entire state, and many companies do that anyway for a variety of reasons
You can say "what insurrection?" it was peaceful like the media said all day and night.
Claims adjuster: "Maxine Waters said this aint no riot this is insurrection." Case closed.
Jun 5, 2020 - Maxine Waters (D-CA) classified the word "rioting" as a racist term ... Trump critic went on to say she prefers the term "insurrection," saying:.
New York, New Yorkers better start praying they can DRAFT Rudi Giulani and terminate the Marxist.
Protesters were in front of Trump Tower the day after he got elected, vowing to “resist”.....it was New York City Democrats who went after Trump hard..... They strong armed Michael Cohen, and are trying to release Trump’s tax returns, etc..... New York Democrats hate Trump so much, they’re willing to destroy Manhattan over their hatred
The problem though, is the virus leaves the host its almost killed and moves to a healthy host and begins the infection process all over.
Is that for one month, or an accrual of months since the lockdown?
If I want NY nostalgia, give me Broadway Is My Beat, Kojak, Barney Miller.
Bingo
Or some Woody Allen movie, Honeymooners etc.
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