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In Manhattan, the commercial slump never ends

2021-11-28T21:30:16.125Z


In some neighborhoods, a third of stores have closed due to the absence of workers and tourists. At New York Despite the vaccines and the comeback of tourists, the return to normal is long overdue in the most famous neighborhoods of New York. "Look, there is nobody, my stalls are full," Steve despairs, in his traveling stall on Broadway. Since the pandemic, this merchant has lost 70% of its turnover. Around him, the ready-to-wear stores on this artery, one of Manhattan's economic lungs, have


At New York

Despite the vaccines and the comeback of tourists, the return to normal is long overdue in the most famous neighborhoods of New York.

"Look, there is nobody, my stalls are full,"

Steve despairs, in his traveling stall on Broadway.

Since the pandemic, this merchant has lost 70% of its turnover.

Around him, the ready-to-wear stores on this artery, one of Manhattan's economic lungs, have closed, making the neighborhood feel like a ghost town.

“Now we only see the homeless and junkies

,” says the 60-year-old.

See also

In New York, the transformation of offices into housing

In Big Apple, the shock of the pandemic was brutal, and the little residential areas, very dependent on employees and tourists, have changed.

Around Grand Central station, where floods of employees poured in every day in early 2020, nearly 30% of stores are vacant, according to the broker Real Estate Board of New York.

Manhattan's most prestigious streets are no exception.

On

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Source: lefigaro

All news articles on 2021-11-28

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