The Future of NYC's Storefronts

Wednesday, February 28, 2024 8:30 AM - 11:45 AM

The Future of NYC's Storefronts

Join us for this morning session filled with insights from esteemed presenters who will discuss the challenges, trends and opportunities of New York City's storefronts.

Storefronts, which are primarily retail shops and restaurants on the ground floors of buildings, are a vital part of our streetscapes. They were uniquely threatened during Covid shutdowns because of the innate face-to-face nature of their services. They also faced threats from online competition, an uptick in crime and retail theft, and increasing costs caused by inflation. The result: a significant loss of businesses and jobs at the height of the pandemic which led to storefront vacancies in many neighborhoods, creating community blight and destabilization and depriving residents of services.

In more recent years, however, the resurgence of storefronts has helped to drive the city’s recovery. So what is the current state of storefronts and where are we headed? Join us to explore the future of New York City’s storefronts and what it means for you and your industry.

8:30 am

REGISTRATION, NETWORKING AND LIGHT BREAKFAST

9:00 am

OPENING REMARKS

  • Chamber President Jessica Walker
  • Ralph Bumbaca, NYC Market President, TD Bank (Host)
  • New York City Council member Gale Brewer
  • New York City Council member Keith Powers

9:25 am

THE CURRENT STATE OF NYC STOREFRONTS

Presentations:

  • “The State of New York City’s Major Storefront Industries: Retail and Restaurants”  – Rahul Jain, State Deputy Comptroller for the City of New York, Office of the New York State Comptroller Thomas P. DiNapoli
  • “Latest Findings from the REBNY Retail Report” – Keith Decoster, Director of Market Data and Policy, Real Estate Board of New York (REBNY)
  • “The State of Chains in New York City” – Jonathan Bowles, Executive Director, Center for an Urban Future
  • “Happening on the Ground: An Update from the NYC Hospitality Alliance” – Andrew Rigie, Executive Director, NYC Hospitality Alliance
  • "Happening on the Ground: An Update from a Storefront Business Owner" – Lydia Conway, Owner of Ourt Box Cafe in Harlem

10:10 am

WHERE ARE WE HEADING? TRENDS AND INNOVATION

Presentations:

  • “Innovation and Current Trends in Ground Floor Commercial Real Estate” – Hiro Imaizumi, Field Research Manager, CBRE
  • “Innovation and Current Trends in Retail: The Future of the Store” Susan Reda, Director of Education Strategy, National Retail Federation

10:30 AM

USHERING IN THE FUTURE NOW

Presentations:

  • The City of Yes, M-CORE and other measures from the “New” New York Plan – B.J. Jones, "New" New York Executive Director, NYC Mayor's Office
  • The City’s Storefront Activation Strategy – Priscilla Kwak, Managing Director of Strategic Initiatives, NYC Small Business Services Department
  • NYC Small Business Resource Network – Meredith Phillips Almeida, Director, NYC Small Business Resource Network
  • Chashama  – Anita Durst, Co-founder and Artistic Director, Chashama
  • NYC Art on the Ave NYC – Barbara Anderson, Executive Director, Art on the Ave NYC
  • Collective Action to Protect Our Stores “CAPS” Campaign – Michelle Mendoza, Vice President of Marketing and Customer Experience, Associated Supermarket
  • Five Borough Jobs Campaign  – Maya Kurien, Vice President of Advocacy, Real Estate Board of New York (REBNY)
  • Storefront Resurgence Project  – Jessica Walker, President & CEO, Manhattan Chamber of Commerce

11:45 AM

CLOSE

**To ensure a smooth experience and adhere to the venue's limited capacity, kindly refrain from arriving at the door without prior registration. Your cooperation is greatly appreciated**

One Vanderbilt - 20th FL
2 Entrances Avaialable: Madison Avenue between 42nd and 43rd & Vanderbilt Avenue between 42nd and 43rd, New York NY
212-473-7875
events@manhattancc.org




  • Event Sponsors

  • TD Bank