What's Next? Businesses, industries look ahead to better days

Normally at this time of year, Hudson Valley residents would be getting geared up for Memorial Day, warm days at Rye Playland and local bands at the Pleasantville Music Festival.

News 12 Staff

May 9, 2020, 12:51 AM

Updated 1,480 days ago

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The big question everyone wants to know now: What happens next? And is there hope on the horizon?
Normally at this time of year, Hudson Valley residents would be getting geared up for Memorial Day, warm days at Rye Playland and local bands at the Pleasantville Music Festival.
But instead, one online post after another broke the news of widespread closures and postponements, while many businesses struggle to stay afloat.
But not among them is The Valley Cycle Shop in Spring Valley -- where they're having trouble keeping track of how many bikes they've sold.
"My boss and his twin brother says it's the busiest they've ever seen it in 30 years. This is not normal," says Karl Verna.
It's leisure industries like that which Pace economics professor Mark Weinstock thinks will continue to do well as New York reopens for business. He adds that robotics, AI and information technology can do well too.
Among those that he's concerned about -- transportation and pre-COVID leisure activities like bowling, movies and Broadway shows.
Weinstock predicts bars and restaurants will do well as the state slowly reopens, saying people will be more than ready to leave the house.
 


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