New Yorkers who didn’t flee the town are hunkering down for the winter.
Virtually one-third of New Yorkers (32%) say that restoration within the metropolis will take a 12 months, whereas 15% consider the financial system will get better totally from the COVID-19 pandemic by subsequent March, and practically half (46%) consider that the town’s restoration is tied to the event of a vaccine, a survey launched Thursday discovered. A smaller share (6%) consider the town’s financial system won’t ever totally get better.
These are key findings from a survey of the general public perceptions and experiences of 1,000 New York Metropolis residents carried out by the CUNY Graduate Faculty of Public Well being & Well being Coverage. They have been polled from Sept. 25 to Sept. 27. The identical panel of respondents shall be surveyed following the Nov. 3 presidential election and once more in January 2021, the researchers mentioned.
“Within the face of this pandemic, it’s encouraging that so many individuals proceed to take care of their hope, an incredible signal of our resilience as New Yorkers,” mentioned CUNY SPH dean Ayman El-Mohandes. “Nevertheless, New Yorkers are conscious that COVID-19 stays a critical public-health menace, they usually should acknowledge that its toll has been felt unequally amongst folks of coloration and restricted means.”
The affect of COVID-19, the illness brought on by SARS-CoV-2, continues to weigh most closely on folks of coloration in New York in relation to jobs, housing and meals. Amongst those that misplaced their jobs through the pandemic, 48% of Latinx, 44% of Blacks, and 47% of Asian Individuals stay unemployed in comparison with 21% of white respondents, the CUNY survey discovered.
A majority of respondents (70%) mentioned they deliberate to remain within the metropolis and proceed to work and/or search for a brand new job whereas the town will get again on its ft, the survey concluded. Amongst one-fifth of respondents who mentioned they plan to depart New York Metropolis, 39% mentioned they’ll return when the town is extra totally on the highway to restoration.
Selling his ebook, “American Disaster: Management Classes from the COVID-19 Pandemic,” Gov. Andrew Cuomo (Dem., N.Y.) told NPR in an interview, “We went by the primary half. We have been ambushed by the virus. All people missed it. The federal authorities missed it. It wreaked havoc.” He mentioned the battle in opposition to COVID-19 is ongoing: “This isn’t going away.”
New York State has confirmed at the least 481,107 COVID-19 infections for the reason that pandemic started, and reported 33,337 deaths. Of these examined, there was a 3.8% positivity fee, in keeping with Johns Hopkins. Over the previous week, the state has been averaging 1,345 new circumstances per day, a rise of practically 20% from the typical two weeks earlier, the New York Times reported.
Among the many 6% of naysayers who don’t maintain out a lot hope for the town is James Altucher, an creator and former hedge-fund supervisor (and a former MarketWatch columnist), who wrote in August that New York Metropolis is “useless perpetually” as its residents reacted to the coronavirus pandemic. “I really like NYC. Once I first moved to NYC, it was a dream come true,” he wrote in a blog post.
Altucher wasn’t alone, after all. The New York Occasions in June requested the “agonizing” query: “Is New York City worth it anymore?” amid a mass exodus of an estimated 420,000 residents between March and Could, when the coronavirus had reached its peak within the metropolis, and the sound of ambulance sirens echoed throughout empty streets on a every day, even hourly, foundation.
Whereas some folks discovered Altucher’s predictions provocative, an estimated 735,000 households in New York Metropolis have misplaced employment revenue because of the financial affect of COVID-19, in keeping with the NYU Furman Middle, a bunch that advances analysis and debate on housing and concrete coverage. Black and Hispanic households within the metropolis have been notably exhausting hit.
Costs for flats in New York Metropolis have fallen, and have been declining for 3 consecutive years even earlier than the coronavirus pandemic. “Costs have been falling now for the third 12 months in a row,” in keeping with Nancy Wu, an economist at Zillow
subsidiary StreetEasy. Gross sales are closing at round 10% decrease than the asking value in latest months, she told MarketWatch.
There are roughly 13,000 vacant flats throughout Manhattan, in keeping with a latest report by Douglas Elliman and Miller Samuel Actual Property Appraisers & Consultants. A 12 months in the past, that quantity was lower than half that (5,912). What’s extra, new lease signings plummeted by about 23%, leading to a drop in rental costs.
Hundreds of thousands of Individuals are hoping that the revised $2.2 trillion HEROES Act coronavirus reduction invoice, at the moment stalled in Congress, or another support will provide rent relief on a scale of magnitude that solely the federal authorities can present. New York State’s Tenant Protected Harbor Act, handed on June 30, prohibits courts from evicting residential tenants for nonpayment attributable to coronavirus.
Nevertheless, not all New Yorkers can afford to depart, whereas many white-collar staff can work remotely. Some 44% of New Yorkers who earn $100,000 a 12 months or extra say that they’ve thought-about relocating exterior the town inside the previous 4 months, a separate survey carried out final month carried out by the Siena School Analysis Institute, a polling firm, discovered.
The Broadway League, the commerce group that represents theater homeowners and producers, has mentioned that Broadway performances would be canceled through May 30 subsequent 12 months due to the coronavirus outbreak. Theaters are providing exchanges and refunds for tickets bought for performances by then. Almost 16% of Broadway theatergoers are over the age of 65.
On Wednesday, Cuomo mentioned New York State will withhold funds for localities and faculties in COVID-19 cluster zones that fail to implement public-health legal guidelines. “We all know that private and non-private faculties within the crimson zones are speculated to be closed. We all know that there have been violations the place yeshivas have been working. We all know there have been violations the place non secular gatherings have been taking place.”
As of Saturday, COVID-19 had contaminated 39.3 million folks worldwide, a quantity that principally doesn’t account for asymptomatic circumstances, and killed greater than 1.1 million folks. The U.S. still has the world’s highest number of cases and deaths (8.05 million and 218,599 deaths), followed by India (7.4 million), Brazil (5.2 million) and Russia (1.4 million), according to Johns Hopkins University.
together with Oxford College; BioNTech SE
and associate Pfizer
; Johnson & Johnson
; Merck & Co.
are amongst these at the moment working towards COVID-19 vaccines.
Dr. Anthony Fauci, the director of the Nationwide Institute of Allergy and Infectious Illnesses and an knowledgeable in infectious ailments for the final 4 many years, told CNBC’s Shepard Smith this week that was extra crucial than ever to do these 5 issues: put on a masks, social distance, keep away from crowded areas, do issues outdoor the place doable, and wash your fingers ceaselessly.
“I believe we’re dealing with a complete lot of bother,” Fauci said. “We have now a baseline of infections now that change between 40,000 and 50,000 per day. That’s a nasty place to be if you’re going into the cooler climate of the autumn, and the colder climate of the winter. As well as, we want to see the % positivity be coming down.” Greater than 216,900 folks within the U.S. have died from COVID-19.
Some New Yorkers, nevertheless, stay optimistic. “Likely, New York Metropolis is down and reeling: Greater than 32,000 souls perished at nighttime months when New York state was the epicenter of the coronavirus pandemic,” Matthew Conlon, an actor, wrote in a Dispatches for MarketWatch in August. “The loss and worry have been traumatizing.”
“The bemoaning of a misplaced New York Metropolis of sensory indulgence ignores the wealth of historical past of the town I revere: the town of inclusion, of the nice societal advances that adopted the Triangle Shirtwaist Fireplace and the Nice Melancholy,” Conlon mentioned. “New York and New Yorkers don’t kick her when she’s down. We roll up our sleeves and assist.”
He added, “I, for one, is not going to forsake my metropolis. She stole my coronary heart after I was 5.”