Mayor Eric Adams released a new study Wednesday finding Mastercard holders spend $3,000-$9,500 less each month at businesses with sidewalk sheds.
NEW YORK - Scaffolding on the streets of New York City is a common sight. A new study finds it is costly, too. Mayor Eric Adams released a new study Wednesday finding sidewalk sheds and scaffolding cost Manhattan businesses thousands each month.The study was conducted by New York City and Mastercard, and reveals that Mastercard holders spend $3,000-$9,500 less each month at businesses with sidewalk sheds. Restaurants and bars are the most impacted, reporting 3.5-9.
'We bring back the beautification that's associated with this great city, not only here in Manhattan, but throughout our entire city. This is a problem that we're facing, and we are focused on getting shut down,' Adams said. 'It really affected business'Cassidy's Pub owner Shamus McNulty says his business was hidden under scaffolding for eight years. 'It really affected business, because your visibility from the street, just didn't have it,' McNulty said.
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