87 pct of NYC restaurants, bars unable to pay full rent in August

By Xia Lin
  • World
  • Wednesday, 07 Oct 2020

NEW YORK, Oct. 6 (Xinhua) -- Around 87 percent of the restaurants and bars in New York City (NYC) could not pay full rent in August, and 34 percent could not pay rent at all, a recent survey found.

This is another indicator of the devastating impact that the COVID-19 pandemic has had on The Big Apple's small businesses, according to the NYC Hospitality Alliance that conducted the survey of 450 restaurants, bars and nightlife venues between Aug. 25 and Sept. 11.

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