The Migrant Crisis Is Not Only Impacting The Budget Of New York, But Also Its Economy

Wagswoofs – NY City’s budget is being hurt by the migrant chaos, but its business is also being hurt.

We’ve been saying since the madness started that President Biden is mostly to blame for the city’s migrant problems. But if New York wants to save its failing businesses, it will have to take serious steps to stop newcomers from flooding in. One way to do this is to stop giving shelter to anyone who asks for it.

According to The Post’s Lisa Fickenscher, retailers at the 1,025-room Roosevelt Hotel in Midtown have abandoned the area since it has been transformed into a “welcome center” for migrants.

Nine out of the sixteen retail spaces on the hotel’s ground floor are currently empty, while three of them seem to be hosting pop-up shops that have no signs.

Carmina, a luxury shoe boutique, experienced a significant decline in sales during the months of June and July. In comparison to the same period last year, the store witnessed a 28% drop in sales in June and a 40% decrease in July.

The store’s lawyer has demanded a rent reduction due to this development.

Sayki, a Turkish men’s clothing shop, finds itself in a difficult situation as it had recently renewed its lease just before the hotel transformed into a shelter.

Tunch Hepguler, the vice president of the company, expresses frustration over the potential consequences of continued economic uncertainty. He emphasizes that even if the company were to receive free rent, the lack of customers over the next two years could severely impact their business.

In August, there was troubling news that prominent New York restaurateur Danny Meyer had decided to close down two eateries at the historic Redbury Hotel in Manhattan. The reason behind this closure was the hotel’s transformation into a migrant shelter. This unfortunate turn of events is similar to the ongoing retail exodus happening at the Roosevelt.

However, it is important to remember that these high-profile businesses are just the tip of the iceberg. There are countless other businesses that are also facing the challenges brought about by the influx of migrants.

The COVID lockdowns had left Gotham in a vulnerable state when the invasion of newcomers hit, dealing an additional blow to the city’s recovery efforts.

The tourism industry, along with other businesses, continues to face significant challenges.

Visitors come to New York on vacation for many reasons, but witnessing buses dropping off migrants is not one of them.

Adams should increase his efforts to urge Biden to take stronger action in securing the border.

On Tuesday, he expressed his frustration about the White House’s refusal to schedule a meeting to address the situation.

“It’s absolutely baffling,” he exclaimed. “The federal government essentially told New York City, ‘We’re not going to fulfill our responsibilities… You handle the task of taking care of 4,000 individuals per week, Eric.'”

Will Adams simply sit back and accept that?

He has promised to make significant budget cuts, implement tax increases, and lay off employees in order to address the $7 billion deficit next year, which is primarily due to the costs associated with migrants. He estimates that the total cost over a three-year period will reach $12 billion.

And the Mayor is absolutely correct – this is a matter of national importance.

But wait a minute. The person in charge of the “federal government” is Joe Biden. Instead of just complaining, Adams should be addressing the President directly by name. It’s not just about demanding money, but also about taking action to secure the border and ensure that no town in America is overwhelmed.

While the federal government remains inactive, it is crucial for the mayor to take action and make New York City less appealing to migrants.

Step 1: Cease providing immediate shelter to migrants upon request.

The “right to shelter” is not mandated by any specific law or court ruling. Instead, it was established through an agreement made by the city four decades ago.

Claiming that New York is a “sanctuary city” may sound admirable, but it is important to reevaluate the sustainability of such a stance as the city faces financial challenges. The current situation is not viable in the long run.

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