5 ways South Florida restaurants will adapt, survive and evolve in 2021

More fine-dining restaurants will die in 2021. Takeout food will blow up, restaurant menus will slim down, virtual eateries will multiply and outdoor patios – considered prime dining real estate – will expand. And don’t expect masks or sanitizer to disappear from dining rooms anytime soon.



a group of people sitting at a table in front of a store: Blake and Bill Admire dine with Henry Thomas and Yazmin Esfahani at the newly redesigned Papa's Raw Bar on Thursday Nov. 19, 2020 in Lighthouse Point, Fl.  To get through the pandemic, the restaurant made many changes including adding a 50-seat outdoor dining area, buying a liquor license and creating a speakeasy-themed cocktail bar.


© Susan Stocker / South Florida Sun Sentinel/South Florida Sun Sentinel/TNS
Blake and Bill Admire dine with Henry Thomas and Yazmin Esfahani at the newly redesigned Papa’s Raw Bar on Thursday Nov. 19, 2020 in Lighthouse Point, Fl. To get through the pandemic, the restaurant made many changes including adding a 50-seat outdoor dining area, buying a liquor license and creating a speakeasy-themed cocktail bar.

How do we know this? Answer: It’s already happening. The pandemic has already caused over $1 billion in revenue loss in Broward’s hospitality industry, and the first widespread use of COVID-19 vaccines is months away. Until South Florida is

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Your Choice Of Commercial Real Estate May Determine Whether Your Investments Survive The Pandemic

Ari Rastegar is CEO of Rastegar Property Company, a vertically integrated real estate company with a focus on value-oriented real estate.

Just as the pandemic has touched every aspect of our lives, every asset class type has been affected by Covid-19. The commercial real estate market across America has fluctuated as the pandemic has continued to leave some asset classes on shaky ground. However, there are sectors that have been holding their own throughout the instability, and some that are even thriving.

Breaking Down The Landscape

Without a doubt, the hospitality industry has been drastically impacted by the pandemic and subsequent lockdown which have all but completely stalled travel. Even with states beginning to reopen, given the historically low levels of hotel occupancy, the writing may be on the wall for many hotels in large cities across the country.

In New York City alone, up to 25,000 rooms

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Survive a Fire in an Apartment Building

Did you see this news from Los Angeles? A month ago, fire broke out in the 11th floor of a 25-story apartment building. Flames were visible through the broken window of the apartment; Smoke poured out and up. Ultimately, hundreds of people evacuated, and there were several injuries.

Happily, though, the fire was contained on one floor. Most people were able to return to apartments that were undamaged. What went right?

The danger of fire in a high-rise is LESS than in other structures.

According to the National Fire Protection Agency, only 3% of structural fires are in high-rise buildings. (Their definition of high-rise is 7 stories or higher. Other agencies define it differently. For this article, I'm defining high-rise as anything above the reach of the local fire department's highest ladder.)

When a fire does happen in a high-rise, there is statistically less damage.

This is because hotels and … Read More