Re:Almost 90 percent of NYC bars and restaurants couldn’t pa...
by ashtonkem on Tuesday September 22, 2020 @01:40AM
(#24551235)
Mortgage and rent deferral is a sad joke.
Most of these businesses could barely keep up during the best of times; the vast majority of them will never be able to repay a single months missed rent, let alone half a years worth.
Mortgage and eviction deferral have only put off the inevitable; without forgivance or direct cash infusions, they’ll still fail, probably right after the last whisps of political will to fix this disappears.
Most of these businesses could barely keep up during the best of times; the vast majority of them will never be able to repay a single months missed rent, let alone half a years worth.
Mortgage and eviction deferral have only put off the inevitable; without forgivance or direct cash infusions, they’ll still fail, probably right after the last whisps of political will to fix this disappears.