Simply put, the rents are too damn high,” said Jason Hairston, explaining on Thursday why he’d closed his popular 14th St. eatery, The Nugget Spot, in September of 2020.
“I was on the way,” Hairston recalled. “I had spent money on a logo and redesigning my store. I was getting ready to open another location in Columbus Circle [in the new Turnstyle Underground Market] and to be in Citifield for the 2020 season. I’d been open for seven years and I was getting ready, getting my sauce made, my flour made — things were lining up and falling into place and then we had to shut our doors.”
In a business with thin margins to begin with — and uncertainty about how long the pandemic, and the city’s shutdown, would last — “there was no way I was going to make money,” said Hairston, a lifelong New Yorker who’s now living in New Jersey while consulting for a Korean hot dog franchise.
“The only reason I would be there would be to support my landlord,” he added.
The Nugget Spot was one of the 4,040 private establishments the city lost between the fourth quarter of 2019 and the fourth quarter of 2021, according to a new report from New York City Comptroller Brad Lander, as huge losses in Manhattan wiped out gains in Brooklyn. Over the same two-year pandemic stretch, “jobs in New York City fell by approximately 295,000, or 7 percent,” as THE CITY previously reported.
he rare citywide drop in the number of private establishments since 2019 — including a loss of 2,023 retail locations along with 2,482 private household employers, as families let go of on-the-books nannies and maids during the pandemic — was easily the biggest recorded at least since the feds implemented their current counting system in 1990.
Since then, the number had steadily gone up except during the recession in the early 1990s and the years just after the 9/11 attacks.
Manhattan’s
share of the city’s private establishments dropped below 50% for the
first time, according to Lander’s report, as Brooklyn gained 1,267 over
the same period — continuing a 30-year growth trend in which the borough
has surged from 17.8% of the city’s total in 1990 to 24.4% in 2021.
(The Bronx gained 109 private establishments and Staten Island eight
between 2019 and 2021, while Queens lost 158.)
13 comments:
"There is an urgent need for global stakeholders to cooperate in simultaneously managing the direct consequences of the COVID-19 crisis. To improve the state of the world, the World Economic Forum is starting The Great Reset initiative."
https://www.weforum.org/great-reset/
Many people have moved out of NYC or are too afraid to take the Subway into the city and spend money they don't have because of Swaggers Crime Wave and the Bidenomics Report Card Grade F.
There is Online therapy that can help with abuse.
At least 12 shot, 2 stabbed during another bloody Sunday night in New York City !
Another hit piece from Brad Pander who, like Churchill once said, "Never let a good crisis go to waste", is planning to play the lead in "DeBlasio 2 - The Final Destruction of NYC".
Somehow he thinks these will detract from his Socialism, from his hatred for anyone who isn't a minority and anyone who is actually from NYC.
Please...remember when he runs, he has no answer for any of this. He's only angry because he would have doubled down on the disaster that was The Dope from Park Slope.
And guess what the shutdowns achieved in terms of Covid? Nothing.
Guess how many lives were saved from Covid? Not one.
Great plan, and they'll do it again this Fall, just wait.
Reopen the mental hospitals & Forcibly remove the 'homeless'- Give them the care they need.
@NPC
Actually not here, but in Canada you need a phone and government approved Digital ID to return to Canada via airports - meaning Canadian citizens.
Fidel Trudeau Castro, Klaus Schwab's lapdog, and his father's legacy are hitting hard.
How is it that illegal aliens are working, get every known government benefit and the illegal women are popping out jackpot babies every nine months? Notice that they're not crying over Roe v Wade? Illegal aliens don't get abortions they need their anchor babies for their chain migration. The Libs need their pets and cheap off the books labor from Jose and Rosita.
It's just not worth living in this city anymore. Home prices are getting like San Francisco, the streets are getting like San Francisco and LA with homeless, rents are outrageous and forget food, heat/gas and electric bills.
The new average price of a rental is $5,000.00 that's $60,000.00 per year just for rent.
FORGETABOUTIT
Move while you can... To a Free State.
Here’s a problem for Sheeple who admire the Chinese central planning system so much. Climate activists have been very successful at implementing policies without consideration for their impact outside of climate. Look at what’s happened in Sri Lanka as a result of climate policies. The Dutch Farmer’s revolt. The energy shortfall in much of the west as they hastily moved to renewables that are less energy dense and unreliable. Central planning is doing the opposite of helping because it is helmed by Marxist activists with a narrow field of view. I expect a lot more humility given the track record of central planning.
Get out of the DemonRat cesspool (known as New York City and New York State) before you float to the top with the rest of the politically entrenched, intentionally failed, corrupt and lethally dangerous raw sewage that has overflowed throughout this state of dire contagion.
The REAL pandemic in New York is bureaucracy, a relentless flow of gridlock bureaucracy that is fueled by the oligarchs who bankroll the criminally insane politicians, all of whom have completely destroyed, raped, ravaged, desecrated, polluted and tonsured my once great, egalitarian, Fourth Generation city, with a veneful impunity that remains unprecedented, to date. Their heinous actions for self- and UNJUST ENRICHMENT are beyond capital punishment when men have been hanged for LESS!
Now, what's left is a hollow, nihilistic, dystopian 'Concrete Jungle' of gratuitious violence, lawlessness, anarchy and government tyranny that is protected from the top of all unearned, undeserved PRIVATE SPLENDOR, which leaves PUBLIC SQUALOR and bullets over Broadway for the proletariat, plebeian, rank and file taxpayers who are at the mercy of all Taxation WITHOUT Representation.
Every new day there are thousands of multi-generational, former New York State residents who continue to bolt to the saner, conservative, lawful shores of Florida to escape the megalomania of what New York politicians have always revealed themselves to be. They are the quintessental, class A narcissists: Arrogant, deceitful, manipulative, greedy, cowardly, passive aggressive, derelict, dehumanizing, dismissive, confabulating, dissembling, intensively incompetent, monstrously self-service, cradle-to-grave, womb-to-tomb sycophants of epic government fail. Banish them all to hell!
As usual, my letter was the only one that didn't get published (again). Censorship at Queens Crap is alive and well!
This chart is a deceptive. Most of the damage occurred in the central business district due to covid shutdowns.The outer boroughs don't really have CBD's so they didn't see the dramatic effects that Manhattan did.
Office capacity is, at best, up to 40% percent capacity of pre-pandemic levels and it will be a long time before full occupancy is reached. Some plans are already in the works to convert office buildings to residential use. That is where the need now is.
Rob in Manhattan
Can politicians be this incompetent or is the destruction of the city being orchestrated? Who would swoop in and buy up all that distressed real estate? The Chinese? Globalists? Mega corporations? Looks like the city is being intentionally demolished so no normal person would stay. When the new buyers swoop in, rest assured the city will be flushed of all the human debris.
Post a Comment