In New York City, and especially in Manhattan, 2015 may be remembered as the year the neighborhood store suffered a mass extinction.
Small retail businesses have been closing their doors in New York this year at a rate that longtime students of the city’s commercial life say has no precedent in their memory. At the beginning of the year, in a much publicized departure, Café Edison, a Times Square institution, gave up after 34 years at the same spot. Since then, every few days has seemed to bring news of another small business closing -- a shoe store, a diner or a hole-in-the-wall cheese shop. Multiply those closings by a few hundred, and you’ll have an idea of what is happening these days on the New York commercial front.