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450 businesses is about 1.4% of NYC's retail businesses. According to the state, "In 2019, New York City’s retail sector comprised 32,600 businesses" [0]. That'
by cardamomo 5y ago
450 businesses is about 1.4% of NYC's retail businesses. According to the state, "In 2019, New York City’s retail sector comprised 32,600 businesses" [0]. That's enough to be noticable, but I wouldn't describe it as a huge percentage. Per my understanding, most of the thefts occured at high-end retail in Lower Manhattan. Is that what you saw?
[0] https://www.osc.state.ny.us/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19 https://www.osc.state.ny.us/reports/osdc/retail-sector-new-y...
- adam_arthur 5y agoVast majority was in lower Manhattan. Which represents about 5% or less of NYC landmass. So you can multiply 1.4% by 10-20 to get a more accurate number