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New York City Hotels Fear Raft of Closures Due to Coronavirus

by Bioreports
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Hoteliers fear a wave of closures is coming as the coronavirus pandemic has hammered occupancy rates, and say a New York City Council bill mandating workers be kept after a property sale could deal the industry a further blow.

The measure, whose sponsor said could be voted on next week, would extend certain protections currently afforded to unionized workers to all hotel employees. After a property is sold, the new owner would be required to keep all workers on the job for 90 days.

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