The coronavirus pandemic affects almost every aspect of life, not just in New York, but across the United States and the globe. In addition to sickness and loss of life, the pandemic has had an immense impact on businesses around the globe, causing significant losses that are likely to continue for the foreseeable future.

The effect on business has been seen in the drastic actions taken by the New York City and state governments. On March 16, 2020, New York City Mayor Bill de Blasio issued Emergency Executive Order No. 100, which ordered, among other things, closure of all establishments serving food and drink (except for take-out and delivery) and closed all entertainment venues. New York Governor Andrew Cuomo signed the New York State on “PAUSE” executive order closing all non-essential businesses across New York State effective 8 p.m. on Sunday, March 22, 2020.