Duane Reade Closing Store on 89th and Madison Avenue

Yet another Upper East Side Duane Reade is closing up shop, marking another casualty for the once-dominant New York City drugstore chain.

The store, located at 1231 Madison Avenue (on the corner of East 89th Street), recently hung up a sign on the automatic doors of its entrance reading, “Store closing permanently [on] March 19, 2025.”

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“The store and pharmacy will both close at 12pm,” the sign reads, adding that customers’ prescriptions will be available at any Walgreens of their choice. Walgreens completed its acquisition of Duane Reade’s New York stores and pharmacies back in 2017.

East Side Feed tried to contact both Walgreens’ corporate team and a district manager at this particular location; we’ll update the story if we hear back from either party.

The Madison Avenue closing marks the dwindling chain’s latest location to leave the UES, following the November closing of the store on 79th and Second Avenue. At the time, an employee of that store told East Side Feed that theft was the main reason they were closing, though a Walgreens executive has admitted (at least once) to overstating the impact shoplifting has on their decisions to keep stores running or not.

Still, New York has seen a huge reduction in drugstores, with the city reportedly losing half of them in just the last decade. Additionally, according to the New York Post, the number of Walgreens, Duane Reade, CVS and Rite Aide stores diminished to a mere 395 locations across the five boroughs in 2024 alone.

The Upper East Side represents a microcosm of this trend. Since late 2022, the neighborhood has lost at least five drugstores (the other Duane Reade, two CVS stores, Rite Aid and Kings Pharmacy).

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