The weekend of March 15, the restaurant industry as we know it fell off a cliff.
The next day, I got a call from chef and activist Tom Colicchio, who invited me to be part of the founding membership of the Independent Restaurant Coalition , which is focused on advocating for restaurants like mine at the national level. The IRC hired a prominent lobbyist, Thorn Run Partners, and hit the ground running to see what impact we could have on the CARES Act before it was signed into law. As late entrants to the negotiations, we fought hard for what we could.
We are currently in the middle of the tunnel with no clear emerging point in sight. I have had friends die from the virus, and I have friends who have already closed their operations permanently. The lights are flickering across most of our industry, and we are still writhing through a health crisis. The PPP loans, while recently improved, still do not align to the longer-term timing and extensive burden of costs required for restaurant recovery.
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