Owners of renowned NYC restaurants shed light on the hidden battles they are still facing.
For over a year, the restaurant industry has been spinning its plates in anticipation of a federal relief plan that would help restaurant owners save their businesses and recoup their losses. Legislative measures have eased some of their burden, but relief has been slow in coming and for some cities, like New York, relief has been too little too late and has not solved other issues such as landlords, executive orders, expenses not covered, consumer confidence, and more.
Join us as we delve into some of the issues that are still keeping New York City restaurant owners up at night, and how their roles have evolved to address industrywide challenges head on.
Stacy Gilbert, CPA, Restaurant & Hospitality Practice Co-Leader, Citrin Cooperman