New York City Mayor Bill de Blasio speaking in the city in August. Photo: Noam Galai/Getty Images

More than 150 executives at major firms based in New York City asked Mayor Bill de Blasio in a letter on Thursday to resolve "public safety" and "quality of life" issues set off by the coronavirus pandemic.

Why it matters: The companies, including Goldman Sachs, Bank of America, Vornado Realty Trust and JetBlue, warned the mayor that deteriorating conditions across industries and all five boroughs are preventing the city's full economic recovery.

Why it matters via Axios' Jennifer Kingson: New York City is a success story in beating back COVID-19, but many of its wealthiest and most successful residents have fled, some of them never to return.

What they're saying: "Despite New York’s success in containing the coronavirus, unprecedented numbers of New Yorkers are unemployed, facing homelessness, or otherwise at risk," the letter from business leaders read.

  • "There is widespread anxiety over public safety, cleanliness and other quality of life issues that are contributing to deteriorating conditions in commercial districts and neighborhoods across the five boroughs."
  • "We urge you to take immediate action to restore essential services as a necessary precursor for solving the city’s longer term, complex, economic challenges."

The other side: "We’re grateful for our business community and are partnering to rebuild a fairer, better city," de Blasio said on Twitter.

  • "Let’s be clear: To restore city services and save jobs, we need long term borrowing and a federal stimulus — we need these leaders to join the fight to move the City forward."

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N.Y. deploys "micro-cluster strategy" to target coronavirus "block by block"

New York state Gov. Andrew Cuomo speaks at a news conference. Photo: Spencer Platt/Getty Images

New York Gov. Andrew Cuomo on Saturday announced the state will deploy a "micro-cluster strategy" to target the coronavirus "block-by-block" instead of at the statewide or regional levels.

Why it matters: Cuomo said that while New York's infection rate has remained relatively low — at an average of 1.1% average as of Saturday — “the fall is a new phase."

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In photos: Coronavirus restrictions grow across Europe

A skeleton is placed at a restaurant table in Rome to protest Italy's restrictions that'll see gyms, movie theaters and pools close and bars and restaurants required to shut by 6 p.m. until at least Nov. 24. Photo: Antonio Masiello/Getty Images

Restrictions are returning across much of Europe as the continent faces a second coronavirus wave.

The big picture: Spain and France each surpassed 1 million cases last week, and both countries have implemented further restrictions on citizens. Italian officials announced strict new measures, effective Monday, to combat another cases spike. From Denmark to Romania, take a look at what steps countries have been taking, in photos.