Fact check: How many small businesses closed during the pandemic? While New York City has a long road to recovery, local restaurants have experienced some recent bright spots. by Alexandra Kelley | July 23, 2020 | Jul. New York City 1 year later: Restaurants faced a 'one-two punch' This iconic nightclub was the it place to be during its heyday, but several incarnations later, its Times Square locationwas forced to close in May of 2020, with promises to return some day. Majority of COVID-19 business closures are permanent: report Within the retail sector, permanent . Of restaurants that closed permanently in 2020, the majority were established businesses and fixtures in their communities; these eateries had been in business, on average, for 16 years, and 16% . And now it has at a new address, according to W42ST. Nearly 16,000 restaurants have closed permanently due to the pandemic The Village Beer Merchant owner Brian Nelson says they had to shut down after losing too much revenue during the Coronavirus Pandemic. Office of the New York State Comptroller | Thomas P. DiNapoli THIS RESTAURANT IS CLOSED Bruno New York NYC NY Awards | GAYOT NYCs favorite Filipino gastropub closed on First Avenue in September of 2021 after spending nine years building its following in the East Village and beyond. "It's wonderful to have life in the restaurant once more. Nearly one-third of NY, NJ small businesses closed in 2020: report Cuomo will allow New York City restaurants to increase capacity from 35% to 50% starting March 19 while the rest of the state will be at 75% capacity. It closed temporarily at the start of the pandemic but a rep now confirms that the closure is permanent.