Adena Cohen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(iStock/Illustration by Kevin Rebong for The Real Deal) In an effort to survive the financial fallout of the coronavirus pandemic, thousands of New York City restaurateurs entered into a perilous agreement with their landlords: deferring rent in the hopes that they’d be able to pay when their fortunes improved. Thirty-seven percent of restaurants have deferred their rent due to the coronavirus pandemic, according to a recent report by the New York City Hospitality Alliance. But that pales in comparison to the number of restaurateurs who could not pay part or all of their rent: 92 percent in December, a figure that has risen steadily since the first Covid-19 lockdown was imposed last spring.

New yorkUnited statesAssembly member harvey epsteinJames famularoPaul fetscherBrad hoylmanAdena cohenAndrew mogerAndrew cuomoYork city hospitality allianceNew york cityNew york city hospitalityGreat american brokerageUpper east sideReal dealMeridian retail