Chain Retail And Restaurants Leave Manhattan As Pandemic Changes The City

In the wake of a pandemic-crippled tourist season, and a sharp increase in businesses allowing employees to work from home, national retailers and restaurant chains are choosing to permanently close their Manhattan locations, according to the New York Times.... [+]Five months into the coronavirus pandemic national retail chains like J.C.

Before New York City was locked down in March, officials were expecting over 67 million tourists to over the course of the year. In the second week of July the occupancy rate for New York City hotels was 37%, down 90% from recent summers. Chain restaurants like Le Pain Quotidian, Subway and Chipotle have seen big losses—New York’s own Shake Shack reported a 40% decrease in revenue in the second quarter and many chain restaurants say they are more

High rent may have had something to do with it, greedy unscrupulous landlords got what’s due them. Chains have the clout to not pay but small businesses get screwed and have to pay.

GETTING BACK TO THE BASICS:GOD IS STILL IN CHARGE 100/100

Yeah, I saw an article in the NYT about how the restaurants are taking a break from the high rent and no tourists...The city that never sleeps may be in torpid inactivity...

Woke makes the city sleep. BilldeBlasio's IQ Zero Project guarantees poverty for everyone. Ain't it grand.

Where will your daughter loot if all the stores move away NYCMayor?

SBerzinski Pandemic changes the city? I would think the hordes of looters might have played a significant role in their decisions as well.

Pandemic isn’t to blame. It’s these two Democratic 🍆heads NYCMayor NYGovCuomo

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