Migrant Shelter Shutters Two Famed Manhattan Restaurants
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Fame restaurateur, Danny Meyer. You might be familiar with Danny Meyer through Shake Shack. It’s actually his national chain, but he’s got a lot of fancy restaurants and major metro areas all over the world. He announced that he’s gonna have to shutter two of his New York City restaurants after the hotel that they were located in was repurposed. That’s right. Hey, here comes the mayor of New York, Eric.
Adams repurposed the entire hotel, the Redberry Hotel, as a shelter to house illegal migrants. Service at Marta and Maialino, which were housed in the Redberry Hotel near Madison Square Park. Again, this is a high-end hotel. I stayed at the Redberry in Miami, not here in New York. Shutting down.
Shutting down the hotel, again, repurposed, 100 migrant families moving into the property. I, you know, again, not to mention the fact the city of New York is gonna be spending $20 million a month on a facility in Randall’s Island. I forget how much they said per person per day. It’s something like 15 to $20,000 a day. There are over 100,000 migrants right now in New York reliant on shelters.
They’re going to have to continue to commandeer hotels and other commercial spaces. And this is going to cost close to five billion dollars, which the city doesn’t have. Again, I was in the city yesterday for the television appearance, and it’s not the same. It’s not the same.
Traffic in and around the city is absolutely insane, but inside there’s very, very little that’s going on, not a lot of foot traffic, a lot of retail space, commercial space on the ground level. This is in Midtown Manhattan and Upper East Side where I was driving yesterday. It’s a mess, it’s a mess. And again, you get this into a doom loop.
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It’s very, it spirals downward and it’s very, very difficult to get out from. And again, you’re taking high end hotels, high on hotels, and you’re turning them into, to migrant shelters with no end in sight. That’s not a way to bring the city back from the brink. That’s for sure. Watchdog on wallstreet.com.