Fewer than 10 per cent of New York City’s office employees have returned to public workplaces, jeopardizing the city’s financial health as office buildings account for almost 10 per cent of total annual revenue. When the first COVID-19 cases was reported in New York City on March 1, the bustling city soon quieted when the economy screeched a standstill as cases skyrocketed and deaths quickly followed. The loss in revenue, officials said, would be detrimental to the city’s finances and cause a ruinous fallout. ‘That’s revenue that’s gone that pays for cops, firefighters, teachers, sanitation workers, it’s gone. And there’s no way I’m going to get it back,’ said Mayor Bill de Blasio said in May when he revealed the city could need $7.5billion in federal aid. A report from Partnership for New York City found that just eight per cent of New York City’s office workers have returned to public workplaces as of August RELATED ARTICLES Previous 1 Next Democrats scuttle Senate Republicans’ $500 billion ‘skinny’ relief bill | Daily… Home | Daily Mail Online Share this article Share Optimists hoped that the city’s one million office workers would return to skyscrapers as the pandemic progressed, but reports show that is… Read full this story
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Fewer than 10% of New York City’s office workers have returned to their desks during the pandemic – but the buildings account for almost 10% of the total tax revenue have 326 words, post on www.dailymail.co.uk at September 10, 2020. This is cached page on Europe Breaking News. If you want remove this page, please contact us.