September 25, 2026 Restaurant/Bar News
The Starbucks on the prominent Tribeca corner of West Broadway and Chambers, in the bottom of the Frederick Hotel, will close tomorrow. There’s a sign on the door — and it tracks with the corporate announcement that the chain will close 250 stores across North America.
This one opened in 2000, according to the database Starbucks Everywhere.
The hotel told me that there are several food & bev operators already interested in the space, which, of course, is right on top of the 1/2/3. Starbucks still has an active lease there.
There are 18,000 Starbucks, so the recent closings represent just 1 percent of stores. But it also includes 99 Wall and 100 William, a reader just told me. They closed more than 600 last September, according to the AP.
But corporate said there were 60 net openings year-to-date Q3 and they have an accelerated plan to complete at least 1,500 coffeehouse “uplifts” by fiscal year-end 2026. The approximately 1% of coffeehouses that closed are locations where the company does not see a path to delivering the customer experience or long-term performance Starbucks expects.
“We have carefully reviewed our North America coffeehouse portfolio and identified locations where we do not believe we can consistently deliver the experience we want for customers and partners or where we don’t see a path to acceptable financial performance,” COO Mike Grams announced yesterday.
The resdesigns include softer seating, textures, artwork, greenery and local design touches. Below is a renovated location in Austin.
Over the past couple years, there has been a retraction of Starbucks in the neighborhood: the West Street location closed in September 2025; the location at Greenwich and Franklin closed the week before that. West Street opened in January 2024, just before the Greenwich location. In 2024 we lost two others: the one inside 32 Avenue of the Americas at Sixth and Walker, and the one on Broadway and Reade.
Back then — two and a half years ago — the company was gunning for more outlets: the goal was to add 17,000 locations by 2030 to reach 55,000 globally. (The company was founded in 1971 in Seattle, and by the time it went public in 1992, it had 165 stores. By 1996 there were a 1000 stores, including some in Japan Now there are about 36,000 stores globally, and about 350 in the city. The first one here, on 87th and Broadway, opened in 1994.)
Subscribe to the TC Newsletter
Hopefully this will have some benefit for other businesses but I do have to say it was always packed. Very strange…
Gosh, I hope Starbucks isn’t upset that workers are actively unionizing and have successfully unionized multiple locations across New York City.
Starbucks is closing 4 FiDi Locations, BUT, This may not be such a bad announcement. Here’s why:
The locations are as follows:
99 Wall
15 Carlisle
100 William
125 Chambers
Both 15 Carlisle and 100 William are tiny locations with little to no seating. Starbucks no longer wants these small outlets in its portfolio.
100 William is also slated for a massive residential conversion so that may also have entered in the equation.
The other two are more of a surprise as the one on Chambers seemed to be popular and the one at 99 Wall is right across the street from two HUGE new office conversions that will deliver around 1,700 new apartments or close to 4,000 new customers.
That means that all four of these locations will be ripe for takeover by other coffee shops which will then offer more of a choice to local residents.
P.S. Right across the street from 15 Carlisle is another brand new building (8 Carlisle) with 468 new homes opening in 2027
The Starbucks on Chambers and W. Broadway is definitely popular and it’s situated in a dream spot considering the subway lines. The seating in there is pretty limited, but I’d still be curious as to why that one is going.
I was shocked when I was walking around Tribeca. I’ve been living away, so coming back now and seeing so many shops we all loved gone is surprising. This area has undergone many changes over the past 25 years, from dollar stores and discount shops to gentrification. Now, banks and Starbucks have closed, and the list goes on. But this location was always busy with high schoolers, kids, and Tribeca moms. NYC downtown isn’t what I remember; it’s very sad to see it like this.
You are absolutely right. Tribeca has become a soulless land of chain cafés, spas and orthodontists. All about Tribeca moms and kids.
Sorry, but to whom should businesses cater, if not the neighborhood families who live and raise children there?
The photograph begs the question: when is that scaffolding coming down? Seems a very very long time that it has been up —
Spas……we need more nail spas.
Even though the location was busy, the setup isn’t aligned with the renewed architectural focus of the brand. There is also another Starbucks two blocks away, likely with much lower rent. Nonetheless I hope this does not become another encampment like every other empty storefront.