Top Trending: 10 YouTube Channels Every Entrepreneur Should Follow

NYC Landmark Prohibits Chain Stores From Leasing Vacated Space

  • ---Shares

Next month, a New York City landmark is embracing small business in a big way.

When a Starbucks lease within the east wing of Grand Central Terminal ends in May, the Metropolitan Transportation Authority (MTA) will prohibit any chain stores from taking the space.

Instead, the independently-owned Café Grumpy, which operates four locations in New York City, is moving in.

"It's part of our effort to keep the space unique," an MTA spokesman told CNN, adding that 100 retail spaces in Grand Central Terminal are already home to local businesses.

If Café Grumpy sounds familiar, that’s because it is the workplace of Lena Dunham’s protagonist in the hit HBO show, Girls.

Related: Crowdfunding's Next Hot Frontier: Real Estate

Edition: May 2017

Get the Magazine

Limited-Time Offer: 1 Year Print + Digital Edition and 2 Gifts only $9.99
Subscribe Now
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.