As the Manhattan market continued to make the difficult adjustment to the new realities of the retail business, the city’s fundamentals have been hard hit by the COVID-19 pandemic. With severe restrictions on travel and mobility and orders that non-essential retail operations be closed until further notice, most retailers have seen their brick-and-mortar sales dry up and have furloughed/laid-off their store staff. Many retailers are in survival mode, taking action to shore up their online, take-out and home-delivery sales channels as they hope to ride out the virus-induced disruption and hold on until the economy begins to recover, which is expected in Q3 2020.