Above ground the scene is no less eerie: No honking horns or screams from sprinting commuters trying to flag down the Circulator bus. In what seven months ago would have seemed a suspension of the laws of physics and urban planning, jaywalking is possible at the corner of New York Avenue and 15th Street NW.

From Los Angeles and Chicago to Boston and New York, central business districts find themselves deserted in the seventh month of a pandemic that has killed more than 200,000 Americans and left millions unemployed. And as hopes of a quick recovery sputter, fear is rising that a long-term collapse of downtown economies could soon become irreversible.

In downtown Washington, formerly a textbook case of a reborn city center, the coronavirus has flatlined almost every measure of vitality. About 95 percent of downtown’s 167,000 office workers — a mix of federal employees, lawyers, lobbyists, consultants, advocates

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CASTRO VALLEY, CA — Tammy Schneickert, owner of Castro Valley gym D’s Fitness Designed 4 Women, was ecstatic when she got word that state health officials had moved Alameda County into the red tier Tuesday, indicating that fitness centers could reopen indoors at 10 percent capacity.

She was prepared to reopen and had thought of all the details: blocking off every other cardio machine to maintain social distancing, ensuring proper ventilation, protecting front desk staff and keeping an ultra-clean environment. The only question in her mind was whether she could reopen immediately or if she’d have to wait a few days.

The answer, as it turned out, was neither.

Soon after the state’s announcement, Alameda County made its own. Rather than allow more businesses to open indoors at reduced capacity, the county said it would take the next two weeks to ensure reopenings were safe and create its own phased

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ALAMEDA COUNTY, CA — Tammy Schneickert, owner of Castro Valley gym D’s Fitness Designed 4 Women, was ecstatic when she got word that state health officials had moved Alameda County into the red tier Tuesday, indicating that fitness centers could reopen indoors at 10 percent capacity.

She was prepared to reopen and had thought of all the details: blocking off every other cardio machine to maintain social distancing, ensuring proper ventilation, protecting front desk staff and keeping an ultra-clean environment. The only question in her mind was whether she could reopen immediately or if she’d have to wait a few days.

The answer, as it turned out, was neither.

Soon after the state’s announcement, Alameda County made its own. Rather than allow more businesses to open indoors at reduced capacity, the county said it would take the next two weeks to ensure reopenings were safe and create its own phased

Read More

The owners of a gym have penned a long and heartfelt open letter to their members revealing the devastation caused by coronavirus to the business.

The Warehouse Gym on Virginia Street in Southport said despite reopening, they have continued to suffer “truly devastating losses” after all gyms were forced to close in March.

As well as being a fitness and weight-lifting gym, the business also offers martial arts training to its members.

The open letter states they are running at a loss each month and have “lost in total over 450 members” after working hard over the past six years to make the place a success.

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It goes on to say they have had to make “heartbreaking” decisions just to keep the gym from closing its doors indefinitely while receiving “very

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In our follow-up article focusing on Tortoise Energy Infrastructure (TYG), we would like to update our readers on what has been going on in the energy industry since the beginning of the COVID-19 pandemic in late February 2020. Unfortunately, this fund has been severely negatively impacted by the pandemic and sharp fall-out of commodity prices earlier this year, as it has experienced a loss in total assets from $1.41 billion to less than $300 million year to date. In addition, the stock price has plummeted by more than 70% during the same time. We believe that the fund will have a difficult time keeping a quarterly distribution rate of $0.3950 per share, as it has experienced a drop of 75% in net investment income over the last quarter. Therefore, we find this CEF suitable for contrarian investors with a very high risk tolerance who believe that the COVID-19 pandemic will

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