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What’s next for NYC retail? Experts weigh in on closures and beyond

Changing politics, rising costs and shifting demand put NYC retail in focus
Starbucks is closing 34 locations in New York, one of many changes happening to the city's retail scene. (Victor Rodriguez/CoStar)
Starbucks is closing 34 locations in New York, one of many changes happening to the city's retail scene. (Victor Rodriguez/CoStar)
CoStar Analytics
October 30, 2025 | 4:32 P.M.

Retail in New York City may have reached yet another turning point.

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News | What’s next for NYC retail? Experts weigh in on closures and beyond