Schumer prepares an invoice to help restaurants
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Senator Chuck Schumer developed a bipartisan Restaurant Relief Recipe to bring food and life back to New York City’s food industry.
As restaurants begin to expand with more indoor dining capacity, Senate Majority Chef Chuck Schumer on Feb.21 announced plans to help independent restaurants struggling to survive.
While indoor dining is now easing regulations and allowing more people to eat indoors at the same time, that shouldn’t be enough to keep many establishments in business. At just 35% of indoor capacity (as of February 26), especially after months of closures and scrambles to build heated outdoor dining rooms, restaurateurs still don’t have enough funds to cover expenses, without talk about rent.
According to the New York City Hospitality Alliance, out of 400 restaurants surveyed, about 92% of owners said they couldn’t pay their December rent. The New York State Restaurant Association (NYSRA) has reported that thousands of restaurants have closed due to the pandemic.
With that in mind, Senator Schumer joined Andrew Rigie, executive director of the NYC Hospitality Alliance and Amanda Cohen, small business owner / chef, at his vegetarian restaurant Dirt Candy at 86 Allen Street to highlight the need to save food businesses from new York City.
“Our restaurants are in trouble. Thousands more will close if we don’t get them help, ”Schumer said, speaking to Amanda Cohen’s Dirt Candy restaurant on the Lower East Side, which was closed for the day as workers received their meals. COVID-19 vaccines.
Schumer worked on the Restaurant Act, which was included in the upcoming COVID-19 relief bill that was added to the Senate last week, and will be sent home this week. The senator anticipates that this law will be included in the final bill.
“New York City restaurants, their employees, and the city’s economy need immediate federal help to deal with COVID because too many places we know and love could close without help, leaving a giant hole in our local economy, ”said US Senator Charles Schumer.
Schumer explained that to weather the storm of this economic crisis, restaurants need dedicated federal help. For the Restaurant Law, it included financial assistance to restaurants, which will be managed by the Small Business Administration (SBA) and distributed to restaurants in need. In addition, the granted money will be provided in addition to the first and second Paycheck Protection Program (PPP) loans, SBA Economic Disaster Loan Assistance, and the Payroll Tax Credit. employee retention.
“That’s why this plan to cook our restaurants again is focused on getting the dollars needed to absorb the huge losses and survive this pandemic.” Including restaurant aid in the federal COVID aid plan not only makes sense, but it’s the recipe needed to keep small businesses like Dirt Candy going, ”Schumer said.
These grants will be flexible and tailored to the needs of the restaurant, allowing businesses to use it to cover rent / mortgage, employee payroll, construction of outdoor seating, PPE, supplies, paid time off, and more. ‘other expenses (which can be spent as eligible expenses from 2/15/20 to 31/12/1).
“The restaurant industry is vital to the economic base and social fabric of New York City, and it has been decimated by COVID-19. Thousands of beloved restaurants and bars have closed their doors for good and countless more are on the verge of survival. Our restaurants and bars have cut over 140,000 jobs and many New Yorkers who still work in the industry are underemployed. This is why we are proud and grateful to stand alongside New York Senator Schumer, who is fighting with us to put in place dedicated and structured financial support to save restaurants and jobs in the five boroughs and throughout. the country, ”said Andrew Rigie, executive director of the NYC Hospitality Alliance.
Only establishments with fewer than 20 locations are eligible for grants and include caterers, breweries, taprooms and tasting rooms. The maximum grant amount provided will be $ 10 million per group of restaurants and $ 5 million per individual restaurant.
Amanda Cohen is a portrayal of a small business that has been hit hard by the pandemic. Cohen has owned Dirt Candy for 12 years and she has already managed over 35 employees, but after the pandemic that number dropped to 6 workers. “I won’t survive without more help, it’s impossible. We no longer get the deals we were used to. Before, I could accommodate 90 to 100 people per night. These days we can accommodate around 20 people. I lost 75% of my profits. Unless I get a grant, not a loan. I will not survive on a loan. I am not making enough money to pay off the loan. There is no way Dirt Candy can survive. We need this help, ”Cohen pleaded.
The restaurant law will run until September, with Schumer believing that if the crisis continues beyond the fall, the bill will be renewed thanks to his strong bipartisan support.
“I hope that by September we have the vaccine and enough people vaccinated that restaurants can open and life in New York will return to what it used to be, but New York cannot live without its restaurants and restaurants. restaurants cannot live without help. “said Schumer.