Last week, the President signed a bill that will loan $350 Billion to small business and offer relief and support for its owners and workers. Unfortunately, it seems that the “stimulus” is mostly offering uncertainty and frustration for restaurant owners.
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At the same time as all of this, each of us have all been balancing ordinary work (and thankful to have it) with family (even more thankful to have it) obligations.
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These photographs prove that Boston can and will get through this…Dispersing is necessary and it’s proof that we are listening to our local agencies and scientists who are trying to fix our country.
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What if there was a state program that pumped money into restaurants by buying back their liquor licenses at a fixed rate and replacing all such licenses with original issue, no-value, non-transferable licenses?
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This just in earlier this morning from East Cambridge Business Association. At around the same time the Mayor of Cambridge called for closing of all restaurants, bars and non-essential business in Cambridge.
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Today, as many, many small businesses confront the new realities of a global pandemic, I wanted to put this post out there so others may benefit from my experience.
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So, as the realities of COVID-19’s spread throughout the Boston area became clear, Graffito made the call to cancel/postpone all Zone 3 events through the end of March.
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We believe it is necessary that we, as a real estate community, immediately grasp the gravity of the threat to the retail and service businesses in our projects and neighborhoods and act swiftly to accommodate as best we can, understand, and respond to inevitable requests of relief from tenants.
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We will do our best to be clear and honest, which means, at times, sharing the news we are getting in real-time that is not yet apparent to most of you.
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Reading this blog and the pages that follow may suggest that all we do at Graffito is travel.
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