Two Months Into the Pandemic, Mounting Unpaid Rent Is a Top Concern for NYC Restaurateurs

  • By cvbizz
  • May 15, 2020
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For Murat Uyaroglu, the owner of popular Brooklyn coffee chain Hungry Ghost, monthly rent on his 13 locations varies anywhere from $5,000 to $13,000 per month. Since the start of the COVID-19 pandemic more than two months ago, Uyaroglu’s business has plummeted by up to 70 percent in several locations, he tells Eater. Yet he continues to pay at least some rent to ensure that he’s not evicted once the existing state-mandated moratorium on rent ends on August 20 —

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