Brick-and-mortar retail is on its last legs. Levine/Sipa USAĬommercial real estate, although strong on paper, lives on borrowed time until leases expire at buildings barely 25 percent occupied. Hochul ordered another mask mandate Friday, December 10. Every landlord and business owner I know tells me the same things: The city’s irrepressible, beating heart will be stilled - institutionally and among millions of us who were ready to brave an uncertain, sometimes interrupted future that no one was ready to give up on. Simply put, the city’s real estate, media, retail and hospitality industries won’t survive even a brief second lockdown. Andrew Cuomo imposed on the state from March to June 2020, and only mildly eased in the months that followed, would guarantee the utter destruction of New York City that Cuomo’s jackboot only narrowly avoided. Make no mistake: A second total lockdown like the one then-Gov. 2 that she was not considering shutting down schools or the economy. I’m not considering shutting down schools or the economy at this time,” Hochul said Oct. But she’s more than left the door open to locking down. So far, Hochul has wisely emphasized accelerated vaccination and testing efforts. She’s easily cowed to catastrophic effect: Her absurd mask mandate for offices that are largely empty only prolonged their empty state by giving employees more reason to stay home. ![]() With daily positivity rates soaring even in the Big Apple, Hochul - untested in high-stakes economic and social governance - will soon come under enormous pressure to lock us down once again. the variant - New York City’s survival depends on the outcome of Gov. ![]() Why New York City needs 'organic' gentrificationĪnnual REBNY gala will return to gathering in 'dead of winter' in 2024įorget about the vaccines vs. Marc Jacobs in talks to open new flagship store at 645 Fifth Ave as Midtown continues comebackĬitadel presses pause on 280 Park Avenue despite hiring spree NYC sees some sanity as outdoor furniture encouraging drug use and vagrancy is put on ice
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