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Breaking: Nearly 90 percent of NYC bars and restaurants couldn’t pay August rent

Eighty-seven percent -- or nearly nine out of 10 -- bars, restaurants, nightclubs and event...
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SEP 21, 2020
 
 
Nearly 90 percent of NYC bars and restaurants couldn't pay August rent
 

Eighty-seven percent -- or nearly nine out of 10 -- bars, restaurants, nightclubs and event spaces in the five boroughs could not pay their full August rent, according to data from 457 businesses surveyed between Aug. 25 and Sept. 11, in a new study released Monday by the nonprofit NYC Hospitality Alliance.
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