NEW YORK, Oct. 6 (Xinhua) -- Around 87 percent of the restaurants and bars in New York City (NYC) could not pay full rent in August, and 34 percent could not pay rent at all, a recent survey found.
This is another indicator of the devastating impact that the COVID-19 pandemic has had on The Big Apple's small businesses, according to the NYC Hospitality Alliance that conducted the survey of 450 restaurants, bars and nightlife venues between Aug. 25 and Sept. 11.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
