The pandemic has crippled tourism, retail and the culture sector. The damage could last years, and layoffs, service cuts and added debt are all on the table.
Source: New York Times
‘We’re at War’: New York City Faces a Financial Abyss
More from Budgets and BudgetingMore posts in Budgets and Budgeting »
- In New Forecast, New York City Projects $2.9 Billion Deficit
- Bernard Rosen, Budget Brain for Four New York City Mayors, Dies at 91
- What to Expect as New York Faces a Potential Fiscal Crisis
- N.Y.C. Faces Potential Fiscal Crisis as $10 Billion Budget Deficit Looms
- New York City Can Reinstate School Budget Cuts, Court Rules
More from Coronavirus (2019-nCoV)More posts in Coronavirus (2019-nCoV) »
More from Credit and DebtMore posts in Credit and Debt »
- Finance Companies Target Exonerated Prisoners With High Interest Advances
- A Legal Challenge to Rules Against Legal Advice from Nonlawyers
- N.Y. Taxi Drivers Will Receive Millions in Aid After Hunger Strike
- The Resilience of New York’s Black Homeowners
- New York to Spend $65 Million to Rescue Cab Drivers. Is It Enough?
More from Federal Aid (US)More posts in Federal Aid (US) »
More from New York CityMore posts in New York City »
- Here is the latest on the mayor’s indictment.
- Live Updates: Eric Adams Is Indicted in New York
- Texas couple gets lengthy prison sentences after their dogs mauled elderly veteran to death
- Jennifer Lopez runs errands in LA after PDA-filled reunion with estranged husband Ben Affleck
- I’m a Shaolin master — here’s how to adopt a ‘warrior mindset’ to stop procrastinating at work and in life
More from Politics and GovernmentMore posts in Politics and Government »
- New York Governor Seeks to Address Housing Crisis With Stopgap Measures
- Hochul and Adams Envision ‘New New York.’ Getting There Is the Trick.
- Scott Stringer Sues for Defamation Over Sexual Assault Claim
- Ukrainian Accused of Election Interference Charged With Money Laundering
- Letitia James Accused of Protecting Top Aide From Harassment Allegations
Be First to Comment