Business & Tech

National Retail Chains Expand Reach in Washington Heights-Inwood: Study

The presence of national retail stores increased in four of the five zip codes that make up Washington Heights and Inwood.

WASHINGTON HEIGHTS-INWOOD, NY — The presence of national chain retailers — such as Starbucks, Subway and 7-Eleven — has increased in Washington Heights and Inwood, 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. Four out of the five zip codes that span Washington Heights and Inwood — 10031, 10032, 10033, 10034 and 10040 — saw an increase in the presence of national chains.

Find out what's happening in Washington Heights-Inwoodfor free with the latest updates from Patch.

Here's how the numbers broke down:

  • 10031 (Washington Heights): 34 national retailers in 2016 compared to 33 in 2015.
  • 10032 (Washington Heights): 26 national retailers in 2016 compared to 23 in 2015.
  • 10033 (Washington Heights): 44 national retailers in 2016 compared to 41 in 2015.
  • 10034 (Inwood): 14 national retailers in 2016 compared to 15 in 2015.
  • 10040 (Inwood): 20 national retailers in 2016 compared to 19 in 2015.

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

Find out what's happening in Washington Heights-Inwoodfor free with the latest updates from Patch.

"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.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.