'We are so not alone. I think about 50% of people are in our same situation,' CNBC's Jim Cramer said Friday.
said Friday that he will soon be shuttering his New York restaurants due to the coronavirus pandemic but hopes to restart business when the public-health crisis improves."Squawk on the Street."Cramer, an owner in two restaurants in Brooklyn, said he will continue to pay rent while they're not operating. He noted that part of the decision to shutter them was difficulty making the financials work, citing 25% operating limit on indoor dining in the city.
However, during the pandemic, Cramer also frequently expressed concern about the role of restaurants and bars in facilitating the person-to-person transmission of the coronavirus. "It's just not safe to keep reopening the restaurants and the bars. Every time they reopen, the virus comes roaring back," Cramer said on "Mad Money"He reiterated that concern again Friday when explaining why he will move to close his restaurants.
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