Mom-and-pop shops selling egg creams, vinyl records — and even firearms — lend New York City some of its irreplaceable history and charm. But now, small, multi-generational businesses that withstood natural disasters and multiple economic downturns have fallen victim to the novel coronavirus. Nearly 3,000 small businesses have permanently closed in the last four months, according to the New York Times. Covid shutdowns sapped revenue, tourism and cash cushions, making rent an overwhelming burden. Among
source https://therealdeal.com/2020/07/27/nearly-3000-small-businesses-in-nyc-closed-due-to-covid/
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