The owner of Manhattan’s Roosevelt Hotel dropped its lawsuit challenging a New York City law mandating $500 weekly severance payments for hotel workers laid off during the Covid-19 pandemic.
The hotel, which opened in Midtown Manhattan in 1924 and closed its doors in late 2020, challenged a law signed by former Mayor Bill de Blasio (D) that required severance pay for workers at large hotels that laid off more than three-quarters of their workforce or closed entirely during the pandemic. Hotels that don’t reopen are required to pay weekly benefits of $500 per employee for up to 30 weeks.
The ...
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