One-Third of New York City’s Small Businesses Might Never Reopen: Report

A table ready for outside dining is pictured in Manhattan, New York City, on July 18, 2020. Johannes Eisele/AFP/Getty Images

A leading industry group said in a new report that chronicles the impact of COVID-19 on New York City that up to a third of its 230,000 small businesses may never reopen.

The Partnership for New York City, a nonprofit that focuses on research, policy formulation, and issue advocacy, released its post-pandemic response plan Monday (pdf), assessing outbreak impacts and suggesting actions for recovery and survival in a “new normal.”