Governor Cuomo announced that indoor dining will once again be barred in New York City restaurants starting today. The rest of New York state will be allowed to continue indoor dining, but capacity will be reduced from 50 percent to 25 percent. New York City’s daily rate of hospitalizations is 2.48 per 100,000 residents, NYTimes noted
- Worth Noting: DoorDash, the undisputed leader in food delivery, now boasts a $55 billion market cap after its successful IPO last week.
- Heard on the Street: New York City Hospitality Alliance: “The governor’s decision is at odds with the state’s own data that’s been presented as driving these decisions, and it will be the last straw for countless more restaurants and jobs.”