On Friday June 13, 2014 the operator of the news stand in the lobby of 1 Fordham Plaza was informed by building management that he is no longer allowed to sell coffee or tea due to Starbucks opening on the street level of the building. The news stand in the lobby of the Fordham Plaza provides snacks, drinks, lotto, newspapers, coffee and tea to the tenants of the building and has done so for the last 15 years. However, this was brought to an end when Starbucks opened last week. Apparently some sort of a deal was struck between Starbucks and the building management company, preventing the news stand from continuing to sell coffee and tea. After speaking with the operator of the news stand I have been informed that he had to lay off his only employee, who has been with him for 5 years, because business has drastically decreased already. He explained that roughly 80% of the building tenants would purchase coffee/tea from him each morning. This also meant people purchasing buttered rolls, bagels, pastry, etc. Because he no longer can sell coffee, there is no demand for any of the breakfast goods either. He is struggling to fill his financial quota and feels what is being done is unfair. I myself have been an employee of an agency within the building for the last 15 years and have purchased coffee everyday from the lobby. For all coffee drinking tenants we are now forced to exit the building, purchase coffee for 2-4 times the amount we would normally spend, or take our business elsewhere to an even further establishment. The actions taken by the building management company are not only forcing tenants to purchase overpriced breakfast food/drinks, but also caused an employee of 5 years to lose his job and a business of 15 years to immediately decline. The tenants of 1 Fordham Plaza should have to option to purchase coffee where they desire, within close proximity to our offices and not have to support the overpriced, multibillion dollar Starbucks franchise.