I think the only thing that's going to save restaurants is that there aren't any retail businesses that could use the same spaces that aren't equally effected. Ultimately if the landlords evict the restaurants who are they going to bring in as replacement tenants?
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That's actually good new for restaurants; less competition for space means that cutting the tables per sq ft in half still makes rent. Restaurants are one of the few businesses that have to be conduced in person; retail can go 100% online even if it's not optimal.
3:10 AM - 20 May 2020
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