Over 60 percent of restaurants in New York are likely to close by the end of the year. That comes from a survey conducted by the New York State Restaurant Association painting a grim picture for the future of the restaurant and bar industry in the state. The key findings: 6% of restaurants said they […]
Malls Set for New York City Return
Malls in New York City will be allowed to reopen at 50 percent occupancy starting on September 9th, Governor Andrew Cuomo announced. They will be subject to strict safety protocols, including strict enforcement of face coverings, social distancing, additional staff to control occupancy, traffic flow, and seating to avoid crowding, and enhanced cleaning and disinfection […]
New York City to Proceed with September 4th Tax Lien Sale
Despite the continuously strong Covid-19 numbers, New York City still faces sluggish economic numbers and high unemployment. As such over 50 elected officials including New York State Attorney General Letitia James, NYC Council Speaker Corey Johnson, Brooklyn Borough President Eric Adams and NYC Comptroller Scott Stringer (the last three are the leading contenders to be […]
New York City Economy Continues to Show Bleak Numbers
More New York City businesses are looking to return after the prolonged Covid-19 shutdown. Though the infection rates remain excellent, the prolonged economic shutdown continues to wreak havoc on the city. The Department of Labor statistics announced July’s unemployment rate in New York City was around 20%, a slight decrease from June but a large […]
After Backlash USPS Suspends Cost-Cutting Measures
In the wake of mounting pressure from legislators, state attorneys general (many of whom are preparing to take the Trump administration to court), and advocates concerned that cost-cutting measures enacted by the United States Postal Service (USPS) could disenfranchise Americans casting ballots by mail during the pandemic, Postmaster General Louis DeJoy announced that no changes […]