It is truly rare for an entire economy to stop. Except that is essentially what we’ve seen in response to the Novel Coronavirus, or COVID-19. The pandemic that started in China, spread to other European countries like Italy with devastating result — is now putting an intense burden on the U.S. healthcare system. Hospitals are stressed, supplies are running low, and in an effort to stop ‘the wave’ from capsizing hospitals — Governor Andrew Cuomo and President Donald Trump have issued a mixed bag of guidelines and expectations.
Among those, the shuttering of all non-essential businesses for the foreseeable future. This week, we explore the reality of shutting down entire industries — and look at the prospect of small business surviving in a post-COVID world. Mark Palmieri, who has led the Geneva BID, or Business Improvement District for the last several years — talks about what he’s heard from business owners, and what they hope to see in the coming weeks.
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