Number of Chain Stores Drops on the Lower East Side in 2016
If you prefer independently run mom-and-pops over national chain stores, you’ll be happy to see the latest report from the Center for an Urban Future.
The annual survey, State of the Chains, identified 40 chain store locations in zip code 10002 in 2016, as opposed to 46 in the previous year.
Even in the East Village (zip code 10003), which has one of the highest concentrations of chains in the city, there was a slight drop year-over-year. Researchers counted 161 national chains, down one from 2015.
Overall, the number of chains increased in New York City to 7,243 locations (up 1.2%). The growth was in the Bronx, Brooklyn, Queens and Staten Island, while Manhattan experienced a retrenchment in chain stores. You can read the full report here.