New York City Mayor Eric Adams speaks during a news conference at City Hall on Sunday, April 24, 2022 in New York, N.Y.

NEWS: NYC bill would nix extra tax to help eateries recover COVID

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City officials want to temporarily nix an extra city tax incurred by bars and restaurants in a move aimed at helping the hard-hit industry in its ongoing COVID-19 recovery.

The potential relief is included in a new City Council bill introduced Thursday by Democratic Majority Leader Keith Powers that would suspend an annual 25 percent city surcharge eateries pay for their liquor licenses.

โ€œI am the son of a restaurant owner in the city who has seen firsthand how much every dollar counts when it comes to keeping your business afloat โ€” and Iโ€™ve watched, over the last two-plus years, this entire industry struggle to stay afloat in the city,โ€ Powers told The Post in a phone interview.

โ€œBars and restaurants are vital to our cityโ€™s economy and we should be doing everything we can right now.โ€ย 

The bill has the backing of Mayor Eric Adams.

Adamsโ€™ 240-executive budget book includes the measure โ€œas part of the blueprint for New York Cityโ€™s economic recovery,โ€ estimating it would cost the Big Apple $6 million in revenue from his record-breaking $99.7 billion 2023 city budget proposal if approved.

Mayor Eric Adams, who has focused on revitalizing New York Cityโ€™s tourism, backs the City Council legislation.
James Keivom

The cityโ€™s hospitality sector suffered massive job loss at the start of the pandemic, thanks to coronavirus-related shutdowns and a slow reopening strategy to keep the virus from spreading.ย 

The restaurant industry now employs 54,000 fewer workers now compared to Feb. 2020, according to state data.

Adamsโ€™ recovery plan is also focused on bringing workers back into the office, and revitalizing the cityโ€™s tourism and nightlife sectors.



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