Coronavirus: It may be many years before New York is the same again

NEW YORK - It took just a matter of days to shut down New York City, once the coronavirus took hold. Restarting it will take much, much longer.

Nearly the same portion of the city's smallest businesses - some 186,000 shops employing fewer than 10 people - could fail, city officials fear. Replacing them could take years. "I don't think the New York that we left will be back for some years," said Mr Gregg Bishop, commissioner of the city's small businesses agency."I don't know if we'll ever get it back."

But in New York City, interviews with more than two dozen business executives, city and state officials and industry groups revealed the depths of the difficulties in doing the same, especially when the coronavirus is still filling hospitals and hundreds are still dying each day. Large and mid-size companies are beginning to plan for a return to the workplace, in phases. Some are thinking about how to use their existing office space when workers cannot be packed together as tightly, and questioning how much they should be expected to pay for it.

"When are companies going to start hosting events at restaurants and bars again?" said Mr Andrew Rigie, executive director of the New York City Hospitality Alliance, a non-profit association for the restaurant and nightlife industry."When are the tourists going to start coming back?" Tourists account for nearly 300,000 direct jobs in New York City, according to the Centre for an Urban Future, eclipsing the number of jobs in finance and nearly twice as many as in the city's tech sector.

"We could see masks. We could see certificates of Covid-19-free status," Ms St Martin said."We could see fewer shows." "We have the luxury; people are working well from home," said Ms Mary Good, chief people officer at Squarespace, a technology company headquartered in the West Village. But the system is operating with less than 10 per cent of its ridership: On Thursday, the city's subway system had 470,000 passengers. The same day last year, it had 5.9 million.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thailand reports 27 new coronavirus cases, no new deathsThailand on Monday reported 27 new coronavirus cases, bringing the nation's total to 2,792 cases, a senior health official said.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

1,426 new coronavirus cases in S'pore in new daily highThis is the single highest daily spike in numbers here since the outbreak began in January.. Read more at straitstimes.com. Stay safe y’all. Do we have stats on number of tests conducted in dorms? Wow
Source: The Straits Times - 🏆 8. / 63 Read more »

Europe, New York see progress in coronavirus battle[NEW YORK] European nations hard hit by the coronavirus and the US epicenter New York reported headway Sunday in their battle against the deadly pandemic. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

South Korea relaxes some social distancing rules as new coronavirus cases fallSouth Korea on Sunday reported single digit new coronavirus cases for the first day in two months with eight new infections.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China reports 16 new coronavirus cases, lowest since March 17BEIJING (REUTERS) - China's National Health Commission reported 16 new confirmed coronavirus cases on Saturday (April 18), the lowest number since March 17 and down from 27 a day earlier, according to data published on Sunday.. Read more at straitstimes.com. Good! Let's keep it low
Source: The Straits Times - 🏆 8. / 63 Read more »

COVID-19: Indonesia confirms 327 new coronavirus cases, total 6,575Indonesia reported 327 new coronavirus cases on Sunday, taking the total number of infections to 6,575.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »