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Former New York Gov. Andrew Cuomo still has a $16.4 million campaign war chest, five months after he resigned from office amid sexual-harassment allegations, new filings from the state’s campaign ....
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By Steve Cuozzo2021-06-03T00:00:00+01:00 New York City is not quite ready to party. True, the vaccines have routed coronavirus – a seeming miracle after last year’s horrific ‘epicenter’ death toll. Coney Island’s rollercoasters are roaring again. Governor Andrew Cuomo and mayor Bill de Blasio have lifted most restrictions. Restaurants are at 100% capacity and sports events draw tens of thousands. Broadway and other venues look forward to reopening as soon as casts can be assembled. Times Square is again drawing tourists, while locals flock to the new ‘Little Island’ park in the Hudson River. But there is a reason to hold the Champagne: near-empty office buildings. Still-quiet streets in Midtown and the Wall Street area tell a different story to landlords’ and politicians’ cheery forecasts. ....
Peter Eavis and Matthew Haag, The New York Times Published: 03 May 2021 04:07 PM BdST Updated: 03 May 2021 04:07 PM BdST Inessa Zelikson at her store in New York’s Grand Central Terminal, April 20, 2021.The New York Times A big shift toward working from home is endangering hundreds of locally owned Manhattan storefronts that have been hanging on for life to return to the desolate streets of midtown and the financial district. ); } The fate of these stores and, by extension, the country’s two largest business hubs will hinge in large part on how long landlords will keep offering the rent breaks that have kept many retailers afloat. Landlords themselves are under growing financial pressure as office vacancies soar and commuters and visitors stay away. ....