Starbucks Closes Astor Place Location After 30 Years

The iconic Starbucks at Astor Place in New York City has permanently closed after nearly 30 years of operation, with reports citing prohibitively high rent as the primary reason. Despite the store's popularity and frequent patronage, the closure came abruptly, shocking many regulars and local residents. The landlord, ASG Equities, stated they had offered a lease extension at the same rent, but Starbucks opted to close. The company has denied that the unionization of the store's employees in 2022 influenced the decision. Starbucks will work with Workers United to provide transfer options for the affected employees. The closure marks the end of a significant chapter for a beloved spot in the East Village community.