New York’s venues operators say reopening isn’t “financially viable”

State loosened rules April 2, but capacity restrictions remain

New York /
Apr.April 13, 2021 11:35 AM
House of Yes in Brooklyn (Getty)

House of Yes in Brooklyn (Getty)

New York City’s live music scene went silent when the pandemic began last March — but even with loosened restrictions, venue operators are hesitant to reopen.

The state gave permission for small and medium indoor arts venues to reopen on April 2 at one-third capacity with a maximum of 100 people, according to the Wall Street Journal. But some venue managers claim these restrictions make it impossible to turn a profit and are keeping their doors closed.

Some venue owners also say that it would be difficult to restrict close physical interactions at concerts.

“It’s pretty simple for us: It’s not financially viable,” Kae Burke, a co-founder of the House of Yes in Brooklyn, told the publication. She said the venue lost millions in revenue since it closed its doors last March.

Other venues are awaiting relief funding from a federal grant program, which includes some $16 billion in grants, according to the Journal.

But mostly, these owners claim that music venues needed packed crowds multiple nights a week to turn a profit. Some venues were challenged by rising rents and increased competition.

A recent survey of 45 of New York’s chapter of the National Independent Venue Association found that the majority of large venues plan to reopen in the fall, the Journal reported. Eleven smaller venues and four larger venues expect to open this month, according to the survey.

[WSJ] — Keith Larsen


Related Articles

arrow_forward_ios
Governor Andrew Cuomo and Senator James Skoufis (Credit: Getty Images, NY Senate)
Owners of some residential properties can’t hide behind LLCs anymore
Owners of some residential properties can’t hide behind LLCs anymore
Governor Andrew Cuomo and 538 Johnson Avenue in Brooklyn (Credit: Google Maps and Getty Images)
Landlords take another hit: Cuomo signs expanded Loft Law
Landlords take another hit: Cuomo signs expanded Loft Law
Governor Andrew Cuomo (Credit: Getty Images)
Cuomo wants to exempt NYC from prevailing wage bill
Cuomo wants to exempt NYC from prevailing wage bill
Gov. Andrew Cuomo (Getty, iStock)
New York’s rent relief site goes live — without applications
New York’s rent relief site goes live — without applications
City Council Majority Leader Laurie Cumbo and 840 Atlantic Avenue (Getty, Google Maps)
Atlantic Avenue project gets haircut — and is rejected anyway
Atlantic Avenue project gets haircut — and is rejected anyway
Clockwise from top left: Scott Stringer, Maya Wiley, Raymond McGuire, Andrew Yang and Shaun Donovan (Getty)
What do Brooklyn homes cost? Don’t ask these candidates
What do Brooklyn homes cost? Don’t ask these candidates
Savanna’s Christopher Schlank and Nicholas Bienstock with a rendering of 141 Willoughby Street (Savanna; SLCE Architects; Fogarty Finger Architects)
Savanna nabs $264M loan for Downtown Brooklyn office project
Savanna nabs $264M loan for Downtown Brooklyn office project
The Penthouse at 60 Broadway in Williamsburg. (Compass)
Brooklyn sees 41 luxury deals inked last week
Brooklyn sees 41 luxury deals inked last week
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...