Several EVG readers have been sharing the link to New York State Comptroller Thomas DiNapoli's audit released last week outlining how devastating the pandemic has been on the NYC bar and restaurant industry.
The bleak assessment, citing various estimates, states that as many as one-third of the city's bars and restaurants may close in the next six months — coupled with 100,000 jobs lost in that same timeframe.
What can be done? Per the audit:
New York City and State must continue to provide clarity and support to ensure the industry remains healthy and is able to carry out its integral role in the City’s economy and within its many communities. For its part, the federal government should provide new stimulus targeting the sector to sustain operations and help local economies mitigate transmission risk.
Find the full report at this link.