SURVEY: Nearly two-thirds of New York restaurants possibly closing by year end

New York restaurants are taking the hit from Gov. Andrew Cuomo’s extended coronavirus shutdowns, with almost two-thirds of owners saying they could be out of business by year’s end, according to a survey released Thursday.

The survey by the New York State Restaurant Association is based on responses from over 1,000 restaurant owners in the state and provides a window into the future of the previously booming industry, as the pandemic nears six months.

Roughly 63% of respondents said they could likely close by the end of the year without some form of financial relief and 36% said they expect to still be in business in January.

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