Business Services Industry
Small firms downtown overwhelmed; Some face cash shortfall, lack full insurance coverage.(New York after the terrorist attack)(Brief Article)
Crain's New York Business, September, 2001 by Fickenscher, Lisa
One week ago, Burritoville was a thriving restaurant company, attracting swarms of Wall Street executives looking for a fast lunch at any one of its three locations in downtown Manhattan. Today, the Mexican food chain is teetering on the brink of disaster. ``We're in trouble,'' says Peter Daghlian, chief operating officer of Burritoville.
``If we don't get some help, this could severely impact us.'' The ``this,'' of course, is the terrorist attack last week that crippled New York City, leaving many business owners locked out of their buildings or in some instances without an office to return to. Burritoville, with 17 restaurants, is among the 14,000 companies doing business in downtown Manhattan-the majority of which are small businesses-that are reeling...
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