Photo: Spencer Platt/Getty Images The immediate future of New York City restaurants looks bleak. Eighty-three percent couldn’t pay full rent in July, according to the…View More Restaurants Need Rent Relief. Are ‘Recovery Leases’ the Answer?
“We’re almost 90% open with most of our retailers trading. It’s a return to almost normality,” says James Roberts the boss of Grosvenor Shopping centre…View More Rent day arrives for struggling retailers
Andrea Orsini’s family has run M Bar in London’s Leadenhall Market for 40 years. But after shutting up shop because of the lockdown, he says…View More Coronavirus: The shops refusing to pay their rent
High street restaurant bosses have asked the chancellor for a nine-month rent holiday to help them survive the coronavirus crisis. Without it, some two million…View More Coronavirus: Restaurant bosses call for rent holiday
One of Britain’s biggest shopping centre-owners will this week lay bare the scale of the crisis hammering retail landlords when it reveals that it received…View More Lakeside-owner Intu to lay bare coronavirus rent crisis
With restaurants facing mandated dining room closures and decreased sales in the wake of COVID-19, many operators are struggling to make this month’s rent. To…View More Until the Government Orders a Rent Freeze, Here’s How Restaurant Owners Should Talk to Landlords About COVID-19