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How The Restaurant Industry Will Be Served Under Latest PPP Relief
Monday, December 21, 2020 - 3:45pm | 312U.S. lawmakers agreed over the weekend to implement a new $900 billion stimulus bill that's "better than nothing, yet still a disgrace," according to Andrew Rigie, executive director of the NYC Hospitality Alliance. PPP Round 2: Part of the government's plans include a new round...
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As NYC Council Caps Third-Party Delivery Charges, Survey Predicts Looming 'Death Knell' For Restaurants
Friday, May 15, 2020 - 3:42pm | 547The New York City Council approved a bill this week to limit third-party restaurant delivery fees at 20%. The NYC Council Bill The New York City Council's Small Business Committee on Wednesday approved a new bill making it illegal for third-party delivery platforms to charge more than a 5...
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Early Data Shows Restaurants Are In Trouble From Coronavirus Pandemic
Tuesday, April 7, 2020 - 2:49pm | 1078The restaurant industry was among the first sectors to be hit hard by the coronavirus and will be among the last to fully recover. Early projections and data release point to a grim state for the sector. Tens of thousands of people have already lost their jobs, and it is unclear if their former...