facebook pixal

NYC restaurants get a break on overdue water bills

Businesses that pay all of their delinquent charges will have the interest forgiven.
Authorities intend to crack down on nonpayers once the amnesty ends. / Photo: Shutterstock

New York City is giving a break to local restaurants with overdue water bills: Pay off the principle by April 30 and the interest due will be waived.

Places that owe more than $1,000 in unpaid charges will be rewarded for whatever they choose to pay. If they don’t remit all of the unpaid amount, their interest fees will be adjusted accordingly.

Establishments that pay at least 50% of their original charges will have 75% of the interest forgiven. Places that cover 25% of their monthly fees will get a 50% reduction in the interest that’s due.

Roughly 1 in 4 businesses and residences in the city are behind in their water payments, according to the New York City Department of Environmental Protection, or DEP, the civic agency that oversees the pipelines. Collectively, they owe about $1.2 billion.

 The DEP estimates that the qualified amnesty will save New York residents and businesses about $150 million. But officials also expect to collect sufficient funds to keep the city’s water supply flowing.

The city has allowed businesses and residents to slide on their water payments because of the financial wallop many were given by the pandemic. But that leniency will end with the conclusion of the amnesty period, city officials stressed.

“This program allows customers to save money and start fresh in the new year,”  DEP Commissioner Rohit Aggarwala said in a statement. “At the same time, it should serve as a reminder to those who have chronically delinquent accounts and have been withholding payment — that won’t be allowed to continue.” 

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.


Exclusive Content


The restaurant industry may have grown a spine

Reality Check: After two years of wimpy defense, the industry has come out swinging at its labor adversaries.


Burger King and its struggling franchisees have a long way to go

The Bottom Line: The closure of 26 restaurants in Michigan is another demonstration that the fast-food burger chain has a lot of work to do in its comeback effort. And its issues date back more than 15 years.


Let's look at the reported bidders for Subway

The Bottom Line: Inspire Brands owner Roark Capital along with global gas station and restaurant operator EG Group are among the reported potential bidders for the fast-food sandwich chain. Here’s a look at the field.


More from our partners