As New York City approaches the one-year anniversary of its first indoor dining shutdown, restaurants and bars continue to close their doors. At least 1,000 have closed since March due to the economic downturn caused by the coronavirus pandemic. Among them are newer neighborhood favorites like Uncle Boons and MeMe’s diner, along with decades-old institutions including 21 Club, Fedora, and Frank’s Cocktail Lounge.
In all likelihood, the list of permanent closures will only continue to grow in New York, as rent payments continue to mount and restaurants attempt to weather the upcoming months on takeout, delivery, and limited indoor dining. In September, a survey from the New York State Restaurant Association predicted that as many as two-thirds of the state’s restaurants could permanently close by the end of that year if they did not receive additional government aid. Due to the difficulty of tracking restaurant and bar closings right now, experts say that number could be even
Survey shows restaurants are still struggling amid pandemic whec.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whec.com Daily Mail and Mail on Sunday newspapers.
NYS Restaurant Association: survey shows delivery and takeout make up less than 30% of lost sales
WKBW
and last updated 2021-03-04 11:17:03-05
ALBANY, N.Y. (WKBW) â The New York State Restaurant Association (NYSRA) has released a survey from the National Restaurant Association which it says shows delivery and takeout are not making up for much in lost sales.
NYSRA says 67% of restaurants report revenue from increased takeout and delivery sales have made up less than 30% of their lost on-premise sales.
NYSRA also says year-over-year sales are down 44% in New York and most restaurants don t expect conditions to improve during the next several weeks.
POLITICO
Get the New York Playbook PM newsletter
Email
Sign Up
By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Presented by Hotel Association of NYC
After a whirlwind past seven days, the New York political sphere seems to be taking a few seconds to breathe. (Or maybe that’s just Twitter, which is apparently not real life.) We don’t expect it to last.