83 percent of NYC restaurants, bars unable to pay full rent

The coronavirus pandemic continues to impose a severe economic toll on New York City’s eateries and pubs — with 83 percent of establishments saying they’re unable to make their full July rent and 37 percent unable to pay at all, a survey released Monday reveals.

The NYC Hospitality Alliance poll of 471 restaurants, bars and nightclubs mirrors the results of a June survey — when the overwhelming majority of businesses were unable to cover their rent.

With indoor dining service still on pause and al fresco dining service not generating sufficient revenue to cover rent and other expenses, small business owners in the food and booze industry worry about surviving the pandemic, the alliance said.

“Restaurants and nightlife venues are essential to the economic and social fabric of our city, but they are struggling to survive and absent immediate and sweeping relief so many will be forced to close permanently,” said Andrew Rigie, the Hospitality Alliance’s executive director.

nypost.com/2020/08/03/83-percent-of-nyc-restaurants-bars-unable-to-pay-full-rent-survey/