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Certainly explains why it will be a far slower track back than many in NYC think. The restaurants, coffee shops, etcs depend on the approximately 1 million NYC visitors daily, pre covid, Monday-Friday, due to work.
Prediction: nyc will never hit its prepandemic flow due to wfh
Agreed. My hunch is -33% (1 in 3) is the peak new normal, and takes a few years to reach. I doubt it reachs -50% Metro North or LIRR by 9-30, 5 straight days, btw.
None of us city folks will miss you burbs folks. Stay in LI, Westchester and NJ
Restaurants will. Many closed. Need weekday, 8-5 business. Particularly as businesses are not looking for bargain pizza, but often ordering expensive lunches for dozens of staff at a time. Grand Central businesses largely remain closed. I doubt the ex employees prefer that..to having jobs.
None of us city folks will miss you burbs folks. Stay in LI, Westchester and NJ
And none of us will miss the city. The nyc comptroller will no doubt miss our $$. My office is letting a 800k a month lease expire in feb. they already cleared out the palce and landlord offered them a 200k reduction in rent for 10 years. As much as city folks hate commuters. It’s huge revenue and now all that $$ is staying in our local counties.
Restaurants will. Many closed. Need weekday, 8-5 business. Particularly as businesses are not looking for bargain pizza, but often ordering expensive lunches for dozens of staff at a time. Grand Central businesses largely remain closed. I doubt the ex employees prefer that..to having jobs.
Naw the negative burb people who put down NYC constantly yet have nothing else to do but go on the NYC forum can all stay put in their wonderful burb life. We"ll keep NYC to ourselves or to people who actually want to be here.
And none of us will miss the city. The nyc comptroller will no doubt miss our $$. My office is letting a 800k a month lease expire in feb. they already cleared out the palce and landlord offered them a 200k reduction in rent for 10 years. As much as city folks hate commuters. It’s huge revenue and now all that $$ is staying in our local counties.
MTA needs to fire staff to right size. Just as restaurants properly have done. Just as stores properly have done. It is a matter of it, not when, it gets done.
Cuomo & BDB will need to hike taxes to overcome the permanent massive shrink in revenue generated by non locals.
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