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Thursday, September 3, 2020

NYC malls can reopen on Sept. 9 with precautions

New York Governor Andrew Cuomo will allow New York City shopping malls to reopen on Sept. 9 at 50% occupancy if they have the proper high-quality air filtration systems to preven the spread of COVID-19.

Indoor dining, though, still isn’t allowed in New York City’s restaurants.

New Jersey Governor Phil Murphy is allowing indoor dining tomorrow at 25% capacity.

“want to open the restaurants in New York City. I don’t know how we’re going to do the compliance and, by the way, I am open to any suggestions,” Cuomo said during a press call.

Other businesses, such as gyms and museums, recently were allowed to reopen in the city.

Restaurants in other parts of New York state area are allowed to have indoor dining at reduced capacity, with limited table sizes and required face coverings except while seated.

REITs with NYC malls: Macerich (MAC +4.1%), Brookfield Property Partners (BPY -0.5%).

https://seekingalpha.com/news/3611521-nyc-malls-can-reopen-on-sept-9-precautions

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