OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Tonight’s Sky: February
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 1:44 pm by PurpleSkyz

» Mysterious pulsing object could be new class of star
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 1:41 pm by PurpleSkyz

» Could 2022 be a turning point for UFOs?
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 1:39 pm by PurpleSkyz

» Prince Andrew Demands Trial by Jury in U.S. Sex Abuse Case
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 1:18 pm by PurpleSkyz

» CERN Physicists Measure Charge Radii of ‘Magic’ Nickel Nuclei
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 12:10 pm by PurpleSkyz

»  Nano-Man by Spacebusters
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 12:08 pm by PurpleSkyz

» Psychedelic Medicine Is on the Rise and the Mental Health Sphere May Never Look Back
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 11:19 am by PurpleSkyz

» Bombshell Cover-Up: Cancer Diagnoses in the Military Rose Over THREE-FOLD Since Jabs Were Introduced
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 11:14 am by PurpleSkyz

» ANTIDOTES to toxins in Covid ‘vaccines’
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 11:10 am by PurpleSkyz

» My My, Hey Hey, Joe Rogan Is Here To Stay: Spotify Agrees To Remove Neil Young After His Ultimatum
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 10:59 am by PurpleSkyz

» Bombshell Document Dump on Pfizer Vaccine Data
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 10:43 am by PurpleSkyz

» Trudeau Slams Anti-Vaccine Mandate Truckers For Holding “Unacceptable Views”
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 10:38 am by PurpleSkyz

» US Gov’t to Fix Supply Chain Problem by Banning Unvaxxed Truckers from Crossing the Border
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 10:34 am by PurpleSkyz

» Florida Doctor: Families Sneak Ivermectin To Loved Ones In Hospitals With COVID-19, See Improvement
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyToday at 10:30 am by PurpleSkyz

» FDA Suddenly Pulls Monoclonal Antibody Treatment EUAs: ‘They are Not a Substitute for Vaccination’
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 2:39 pm by PurpleSkyz

» Olympic Gymnast dies right after Covid Vaccination – and the Media says: “Anti-vaxxer dies from Covid.”
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 2:16 pm by PurpleSkyz

» Meanwhile in Wisconsin...
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 2:10 pm by PurpleSkyz

» Truth is Not a Conspiracy
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 12:07 pm by PurpleSkyz

» Good People Doing Good Things – Dan Price
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 11:52 am by PurpleSkyz

» We The People
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 11:42 am by PurpleSkyz

» Father, Whose Doctor Said the Vaccine Could Kill Him, Denied Life-Saving Care For Not Taking Covid Jab
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 11:32 am by PurpleSkyz

» Planet Lockdown: A Documentary
Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown EmptyYesterday at 11:27 am by PurpleSkyz

You are not connected. Please login or register

OUT OF MIND » BREAKING NEWS & HOT TOPICS » COVID-19 » Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown

Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown
Date: October 4, 2020Author: Nwo Report

Half of NYC’s Iconic Restaurants and Bars to Permanently Close Due to Draconian Shutdown ?u=https%3A%2F%2Fcdn.newspunch.com%2Fwp-content%2Fuploads%2F2020%2F10%2Fblasio-678x381.jpg.optimal
Source: Sean Adl-Tabatabai
Half of all New York City bars and restaurants could close permanently within the next six months due to the harsh coronavirus restrictions in place, a new audit released by state Comptroller Thomas DiNapoli said.
“The industry is challenging under the best of circumstances, and many eateries operate on tight margins,” said DiNapoli.
“Now, they face an unprecedented upheaval that may cause many establishments to close forever.”
A third of all of NY’s city bars and eateries could reach the point of no return, causing 150,000 job losses, DiNapoli also warned.
Nypost.com reports: Nearly three-quarters of those employed in the city’s restaurant industry already found themselves jobless at the height of the pandemic, according to the report.
In 2019, the city’s restaurant industry accounted for 317,800 jobs, paid out $10.7 billion in wages and made more than $27 billion in taxable sales, the report said.
By April, as the coronavirus gripped the city and government mandates nixed indoor service, the industry’s employment tanked to 91,000 jobs, according to the audit.
A city initiative to expand and expedite applications for outdoor dining — recently approved as a permanent, year-round program — helped boost employment numbers to 174,000 by August, DiNapoli found.
Forty-three percent of restaurants and bars citywide had received outdoor seating permits as of the first week of September, the report said.
That included half of Manhattan establishments, 40-plus percent in Brooklyn and Queens, 30 percent in The Bronx and 20 percent on Staten Island.


But restaurants across the city remain on the brink with the financial hole dug over the past six months, the current 25 percent indoor capacity limit — with cooler temperatures on the horizon — and the possibility of a coronavirus resurgence very much in play.
The hardest-hit have been and would continue to be New York’s minority communities, the report found.
As of 2018, some 60 percent of restaurant workers living in the city were immigrants, with 44 percent Hispanic and 20 percent Asian, according to the report.
“It’s important that the state and city continue to be creative and bolster the industry,” said DiNapoli. “The city’s decision to extend outdoor dining year-round to help keep restaurants afloat is a step in the right direction along with opening for indoor dining.”
Shu Chowdhury, a restaurant operations expert and managing partner of investment and business incubation company Bowery Engine, agreed that the measures are a good start — but that much more needs to be done.
“While 25 percent occupancy is better than nothing, it is not sustainable for the business to operate profitably,” said Chowdhury. “It is however a good start to test safety procedures to smoothly and safely increase capacity as we approach colder weather that will reduce public interest in outdoor dining.
“Public safety is and should remain a priority, but in the near future restaurants must be able to reopen at a minimum of 50 percent with extended hours in order to move towards safe and profitable operations.”
DiNapoli’s recommendations include that the city issue clear, easy-to-understand guidance to restaurants on reopening and work with the state to facilitate loans and grants to help joints keep the lights on.
The federal government, meanwhile, should step up with more funding after the August closure of the Paycheck Protection Program, DiNapoli found.

https://nworeport.me/2020/10/04/half-of-nycs-iconic-restaurants-and-bars-to-permanently-close-due-to-draconian-shutdown/

Thanks to: https://nworeport.me



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum