Survey reveals 92% of NYC’s hospitality industry could not afford rent in December
Updated: Aug 27, 2021
February 16th, 2021, Felix Bendersky, owner of F+B Hospitality Brokerage was quoted in the Daily Mail in an article that highlights a study done by The New York City Hospitality Alliance that revealed on Tuesday that 92% of the city's restaurants, bars, nightclubs, and event venues were unable to pay their full rent in December.
Notable quotes from Felix Bendersky include:
'Miami is based on nightlife, and with the clubs closed, restaurants and bars are the only places where people can go,' explained Felix Bendersky of F+B Hospitality Leasing. 'I've had clients who have abandoned projects in Brooklyn and Manhattan because it makes more sense for them to come here and open right away, while in New York they don't know if they will be open from one day to the next'.
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