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Wuhan panic wipes out NY restaurant business

The beatings will continue until morale improves: Because of the government shut down caused by the panic over the Wuhan virus, the entire New York city restaurant business, one of that city’s most important industries, is now facing closure and bankruptcy, with many stores boarding up their windows and going out of business.

Most restaurants are completely shuttered. Many that tried takeout and delivery ended their operations for fear of their employees and customers’ safety. Those that are still trying to make it work are unsustainably earning a fraction of what they normally would make. Federal Small Business Administration loans have yet to hit most bank accounts, and the programs have already run out of money. Even California, which is far ahead of New York in containing the virus, will reduce capacity in restaurants when the shutdown finally lifts, a move that many restaurateurs say will likely hurt businesses as they attempt to recover from the crisis.

The first sign of longer term decline is here: the boarded up storefront. Common during the lead-up to hurricanes to prevent flying debris from smashing up windows, plywood is otherwise used to minimize the risks of burglaries and looting. Will it get that bad? No owner that we reached out to would openly acknowledge it. But as the crisis drags on indefinitely, restaurants are starting to close permanently and unemployment continues to skyrocket. Some restaurateurs are taking a preventative tact in case the economic impact takes an even deeper turn.

The article talks about government help, but there isn’t enough money in the universe capable of covering these losses if the government shut downs continue much longer.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

One comment

  • Joe

    Working in a garage in the areas largest food service company, where we usually have 90 trucks going out of the gate, we now have about 40 delivering to all sorts of places, restaurants included, working in this industry for almost 40 years, I have never seen anything like this! The pain inflicted by our governor is real and will not ease up overnight, the damage inflicted is long term.

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