63% of New York Restaurants Could Close Due to Coronavirus Losses: Report
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New York restaurants are in trouble, according to a new report.
On Thursday, the New York State Restaurant Association released the results of a poll that found the state’s restaurants in need of government funding after months of closings during the coronavirus pandemic.
According to the survey, 63.6% of restaurants in New York said they “expected to close by the end of the year” without requiring a rescue package, and only 36.4% said they were “likely or more likely to be open.” stay”.
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Of the 63.6% expected to close in 2020, 54.8% said they will close before November, the restaurant association found.
“It is painfully clear that the restaurant industry in New York state could collapse without financial support,” said Melissa Fleischut, president and CEO of the association, in a statement. “These latest poll results show how dire the financial situation has become for most restaurants and the importance of elected officials understanding the urgency of the situation.”
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The survey, which was attended by 1,042 respondents from across the state, was completed in the last week of August, according to the restaurant association.
“Governor Cuomo’s leadership in these troubled times on issues such as take-away and outdoor dining has provided our members with a lifeline over the past few months,” said Fleischut. “But it’s not enough. We are now asking the governor, state lawyers, and federal people to simply help us survive. Without further assistance, the restaurant industry as we know it could be gone in New York in a minute.”
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Previous surveys by the restaurant association found that restaurateurs want government help, such as eating out. B. Rent relief and expanded indoor dining capacity, including indoor dining permits in New York City, the association said.
Respondents also said they wanted the government to require payment of business interruption insurance claims, the press release said.
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Last month, the association found that 89.7% of the state’s restaurant owners believe that it is “very or unlikely” that their restaurants will be profitable in the next six months.
The association also reported that restaurants lost $ 1.9 billion in sales in three weeks in March. By April, the organization found that 527,000 restaurant jobs in New York had been suspended or laid off since early March.
“The downward spiral for restaurants has continued and government financial support is urgently needed,” said the association.