The activity is more important than in April in Times Square, which remains deserted by international visitors.
Photo: Radio-Canada / Raphaël Bouvier-Auclair
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<q data-attributes="{"lang":{"value":"fr","label":"Français"},"value":{"html":"J’ai 15units on my floor. Within six months, five families have already left “,” text “:” I have 15 units on my floor. In the space of six months, five families have already left “}}” lang = “fr”>I have 15 units on my floor. In the space of six months, five families have already left, explains Antoine Clément.
This summer, the firm Douglas Elliman observed a historic vacancy rate in certain areas of the city and a drop in rents on a scale never seen in nine years.
Antoine Clément underlines that with the uncertainty, in particular as for the resumption of cultural activities which remain suspended, New York loses its attractiveness.
Life is very expensive, it is very dense. We don’t have a balcony, we don’t have a yard. But these sacrifices are applied because there are benefits and there, suddenly, there are benefits that have disappeared.
Some shops at a crossroads
In New York, where the unemployment rate is 12.5%, this uncertainty comes with economic hardship.
In the Brooklyn borough, BCakeNY pastry shop had to review its business model. The trade specialized in weddings and large events, which remain prohibited. Cupcakes are now sold there, which has kept the store open.
Dara Roach and the BCakeNY team in Brooklyn have reassessed their business model to adjust to the pandemic.
Photo: Radio-Canada / Raphaël Bouvier-Auclair
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But in the neighborhood, we see several vacant commercial premises.
It’s a big fear, because if the block empties, there will be less foot traffic, maybe more crime, and no one will want to come anymore.
, launches the CEO of the pastry shop, Dara Roach, who asks the city for more flexibility in terms of regulations.
Resilient, some traders refuse to give up. This is the case of Jimmy, met not far from the pastry shop, who is busy adapting the terrace of his restaurant for the winter. He expects the restrictions to remain in place for a while.
Restaurant owners like Jimmy tend to adapt their terraces for the winter, which promises to be difficult.
Photo: Radio-Canada / Raphaël Bouvier-Auclair
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The last thing New Yorkers want is a new wave of the epidemic that would force everything to shut down, because there, we know that the city’s economy would be really struggling to recover.
, notes doctor Julien Cavanagh, explaining the dilemma facing the leaders and residents of the largest city in the United States.
We finally hope that controlling the epidemic, preventing a second wave, that’s the lesson New York must teach the United States and the world.
, he concludes.
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