Presence of National Retail Chains Grows on Upper East Side: Study

UPPER EAST SIDE, NY — The presence of national chain retailers — such as Starbucks, Subway and 7-Eleven — has increased on the Upper East Side, according to a new study from the Center for an Urban Future.

The study titled "State of the Chains, 2016" is the center's eight-annual report on national chains in New York City. The Center for an Urban Future — which describes itself as "a catalyst for smart and sustainable policies that reduce inequality, increase economic mobility, and grow the economy in New York City" — defines a national chain as any store that has two location within NYC limits and one location outside of the city.

In its study the Center for an Urban Future broke down the number of national retailers by zip code and calculated which zip codes experienced an uptick. Three of the five zip codes that span the Upper East Side — 10021, 10028, 10065, 10075 and 10128 — saw an increase in the presence of national chains and two saw a decrease. The net increase of national chains in the neighborhood was six stores.

Here's how the numbers broke down:

• 10021 (Upper East Side): 70 national retailers in 2016 compared to 71 in 2015.
• 10028 (Upper East Side): 78 national retailers in 2016 compared to 79 in 2015.
• 10065 (Upper East Side): 51 national retailers in 2016 compared to 48 in 2015.
• 10075 (Upper East Side): 19 national retailers in 2016 compared to 18 in 2015.
• 10128 (Upper East Side): 39 national retailers in 2016 compared to 35 in 2015.

The data shows more national retailers are moving into the Upper East Side than those moving out, mirroring a trend consistent throughout the city. The number of national retailers throughout all five borough increased by 1.2 percent — from 7,154 stores to 7,243 — an rate greater than the 1 percent increase from 2014 to 2015.

"This is the eighth consecutive year with a net increase in national chain stores in the five boroughs," the study stated.

The increased city-wide presence of national retailers was spurred by strong growth in the Bronx, Staten Island, Queens and Brooklyn, according to the study. The number of national retailers in Manhattan actually decreased in 2016. But despite the decrease in Manhattan, the city's busiest borough still tops the list when it comes to the number of national retail stores.

Read the full Center for an Urban Future study here.

Photo by Nicholas Wang via Flickr/Creative Commons