New York City restaurant owner Thomas Makkos said that business has dropped by about 70% over the past two weeks due to worries related to the omicron strain.
Celebrity chef and restaurateur Adrianne Calvo says inflation and labor shortages are contributing to the challenges experienced by the restaurant industry, noting most of the higher costs are being absorbed by owners.He said the regulations "were very strict from day one," especially for New York City restaurants. "It was catastrophic," he said, regarding the loss in revenue.
Makkos argued that while New York City has been protecting people from COVID, another problem related to the economy has been exacerbated: "Restaurants are all in trouble. They owe landlords a lot of money," he said, arguing that those that remain open were likely given a "lifeline" by their landlords.
"Way too many restaurants have not survived unfortunately," Makkos said on Tuesday, stressing that it has been "very difficult."
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