What we found is alarming. The number of businesses on the average Midtown block continues to decline — and that pattern appeared to accelerate between 2021 and 2022. The diversity of businesses remains strong.
People's decisions about where to work, learn, shop, and play can change rapidly. Businesses' decisions about whether to open, close, or relocate take place more slowly. To understand business resilience in Midtown, we calculated how the number and diversity of active businesses changed on each Midtown block from 2019 to 2022.
BUSINESS DIVERSITY REMAINS HIGH ACROSS MIDTOWN, EVEN AS MANY ESTABLISHMENTS VANISHED.
25%
50%
75%
0%
100%
2022
2021
2020
2019
84.7%
82.4%
28.5%
96.4%
94.7%
Diversity of business establishments
Sectoral diversity of business establishments within average Midtown block (2019=100)
Number of business establishments
Number of business establishments within average Midtown block (2019=100)
Unique visitors
Number of visitors to average Midtown block (2019=100)
What we found is alarming. The number of businesses on the average Midtown block continues to decline — and that pattern appeared to accelerate between 2021 and 2022. The diversity of businesses remains strong.
People's decisions about where to work, learn, shop, and play can change rapidly. Businesses' decisions about whether to open, close, or relocate take place more slowly. To understand business resilience in Midtown, we calculated how the number and diversity of active businesses changed on each Midtown block from 2019 to 2022.
BUSINESS DIVERSITY REMAINS HIGH ACROSS MIDTOWN, EVEN AS MANY ESTABLISHMENTS VANISHED.
25%
50%
75%
0%
100%
2022
2021
2020
2019
84.7%
82.4%
28.5%
96.4%
94.7%
Diversity of business establishments
Sectoral diversity of business establishments within average Midtown block (2019=100)
Number of business establishments
Number of business establishments within average Midtown block (2019=100)
Unique visitors
Number of visitors to average Midtown block (2019=100)