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Starbucks Effect in Manhattan
Romero, Minely
Romero, Minely
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Chikish, Iuliia
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2025
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9865_Minely_Romero.pdf
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New York City is full of Starbuck's cafes but do these cafes impact more than just our mood and daily routine. Starbucks cafes effect is correlated with changes in a neighborhood; these changes can include changes in rent and home value. This study analyzes the possible impact of the number of Starbucks cafes in a zip code on median gross rent and home value in Manhattan. We found that there was a slight impact on median gross rent but not statistically significant enough, Starbucks seemed to have no impact on home value. This could be because of the limitations faced when collecting data, most of the zip codes where missing data, not only that but we only focused the study on 42 Manhattan zip codes not all of New York City's boroughs.
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