Monday, 3 August 2020

Outdoor dining to return next summer — for restaurants that survive

Andrew Moger’s days are filled with tracking restaurant closures around the city. The CEO of BCD Development, a restaurant-focused real estate brokerage and advisory firm, is on the lookout for vacancies — and expects a spate of them. “You take these restaurants that signed very expensive leases and were barely doing well pre-Covid, and then you add this type of devastation, it shouldn’t surprise anybody that those places aren’t going to make it,” Moger said.



source https://therealdeal.com/2020/08/03/outdoor-dining-to-return-next-summer-for-restaurants-that-survive/

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