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New York City Is Back: Economic Recovery, Reopening

NYC's next chapter is beginning. The economy is open, its finances are healing, and the Garden crowd is loud. The "new" New York is set to thrive. ....

Madison Square , United States , New York , United Kingdom , East Village , Times Square , San Francisco , New Yorker , Michelle Meyer , Kelsey Peter , Thomas Dinapoli , Kenneth Horn , Juliana Kaplan , Joe Biden , Douglas Elliman , Knight Frank , Sherif Soliman , Andrew Cuomo , Boris Johnson , Alchemy Properties , Credit Suisse , Goldman Sachs , Bofa Research , City Council , America Research , New York Times ,

New York City is back

NYC's next chapter is beginning. The economy is open, its finances are healing, and the Garden crowd is loud. The "new" New York is set to thrive. ....

Madison Square , United States , New York , United Kingdom , East Village , Washington Square Park , Times Square , San Francisco , New Yorker , Michelle Meyer , Noam Galai Getty , Kelsey Peter , Thomas Dinapoli , Alexi Rosenfeld Getty , Kenneth Horn , Juliana Kaplan , Joe Biden , Douglas Elliman , Sherif Soliman , Knight Frank , Andrew Cuomo , Boris Johnson , Alchemy Properties , Goldman Sachs , Credit Suisse , Bofa Research ,

Feds Expand Probe of Gov. Andrew Cuomo

Prosecutors have reportedly expanded a probe of New York Gov. A
ndrew Cuomo (D) to look at allegations that he provided “priority access” to Covid-19 testing for “close associates,” including members of his family, at the height of the pandemic.
The U.S. attorney’s office for the Eastern District of New York, which has been investigating Cuomo since February, has been scheduling interviews with officials who led the state’s testing program, according to a Thursday report in
The Wall Street Journal. Previous reporting indicated Cuomo had provided special access to family members including his brother, CNN anchor
Chris Cuomo, in March and April 2020, when the virus was just beginning to take a heavy toll on New Yorkers. The CNN anchor contracted Covid-19 in March of that year and recovered the following month. ....

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New York City Lost Billions in Tourism Due to Pandemic, Report Shows

New York City Lost Billions in Tourism Due to Pandemic, Report Shows
New York City suffered a massive loss in tourism revenue during the CCP virus pandemic but is set to invest $30 million in a campaign to get visitors back as the city reopens.
A report by New York Comptroller Thomas DiNapoli on Wednesday showed that only 22.3 million people visited the city in 2020 compared to 66.6 million in 2019. This past year tourists spent just $13 billion, which is a 73 percent decline from the $47.4 billion they spent the previous year. In total, the shutdowns cost The Big Apple $1.2 billion in tax revenue for the 2021 fiscal year. ....

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NYC Lost $1.2 Billion In Tax Revenue As Tourism Plunged 73% During Pandemic

by Tyler Durden
Thursday, Apr 29, 2021 - 03:35 PM
As Europe rolls out a vaccine passport to try and support its tourism industry by any means necessary, New York City s tourism industry is just showing its first signs of revival.
And with those who choose not to get vaccinated restricted from traveling abroad for the foreseeable future, domestic destinations like the Big Apple are excited by the prospect of a bigger-than-expected rebound. On that note, Bloomberg reports that the city s tourism industry is just showing its first signs of revival, according to a report from the state Comptroller s Office.
Spending by visitors to New York City ....

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