Capstones

Graduation Date

Fall 12-13-2020

Grading Professor

Cara Eisenpress

Subject Concentration

Business & Economics

Degree Name

Master of Arts (MA)

Abstract

Black restaurant owners are among the hardest hit by the pandemic in NYC. They are twice as likely not to survive the outbreak, and that is primarily due to institutional racism that was present well before the coronavirus hit the U.S.

Black restauranters benefited less from government programs, have had a harder time accessing funding and say they are left out of many mentorship opportunities. Meanwhile, their patrons face economic uncertainty and are curbing discretionary spending.

Many haven’t been able to pay rent and face commercial eviction. Others say the doors are still open thanks to a flood of support post-George Floyd’s death -- but even that has withered away. Some organizations have tried to formalize that support. But the outlook remains grim heading into 2021.

This is their story.

https://contact-68707.medium.com/the-struggle-is-real-nyc-s-black-owned-businesses-face-grim-2021-outlook-2303bc6aa9dc

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