Thursday, January 27, 2022

TD Bank is shrinking on 3rd Avenue

You may have noticed the construction at 47-53 Third Ave. between 10th Street and 11th Street ... workers are dividing up the retail space, and sources tell us that the TD Bank is downsizing and will vacant the corner spot.

According to the listing,  the corner storefront will be available starting in September with an ask of $150 per square foot. (Bring back Bendiner & Schlesinger blood labs!) 

TD's mini move continues the trend in which banks downsize their branch networks. Per CNBC on Friday: "U.S. banks shuttered 2,927 branches last year, according to S&P Global Market Intelligence data." 

Thanks to Steven for the photo...
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14 comments:

  1. AnonymousJanuary 27, 2022 at 6:32 AM

    Sad the way things are going.

    ReplyDelete
  2. JAMESJanuary 27, 2022 at 7:57 AM

    So much retail space is emptying out. Really scary for this city.

    ReplyDelete
  3. AnonymousJanuary 27, 2022 at 9:15 AM

    Good - get these banks out of the EV

    ReplyDelete
  4. Jill WJanuary 27, 2022 at 10:05 AM

    Retail space is uncertain for sure but it's an opportunity to re-imagine things. What lovely things could we have instead of intl bank branches, chain coffee shops, etc etc. Maybe something the neighborhood actually wants instead of what is imposed upon us.

    ReplyDelete
    Replies
    1. AnonymousJanuary 27, 2022 at 11:09 AM

      Imposed on us? You can open a business you think the neighborhood needs.

      Delete
    2. AnonymousJanuary 27, 2022 at 6:36 PM

      “Cash is king. If it wrecks the neighborhood, tough!”

      Delete
  5. AnonymousJanuary 27, 2022 at 11:01 AM

    Re: Jill W "Maybe something the neighborhood actually wants instead of what is imposed upon us."
    Everybody uses Amazon and then complains about lack of retail stores the "neighborhood actually wants".

    ReplyDelete
  6. NeighborJanuary 27, 2022 at 11:52 AM

    Once again, I hope you people celebrating the death of businesses/more vacancies and lamenting what the neighborhood wants are actually trying your hand at adding to the neighborhood. A bank is better than a vacant graffiti covered building full stop

    ReplyDelete
  7. AnonymousJanuary 27, 2022 at 12:48 PM

    I haven't seen the homeless woman who is typically in front of that TD bank in awhile. Hopefully she's found shelter from the cold.

    ReplyDelete
  8. AnonymousJanuary 27, 2022 at 3:33 PM

    Wish they would bring back the coin counter machines for account holders.

    ReplyDelete
  9. AnonymousJanuary 28, 2022 at 2:41 AM

    Not sure why anyone would be down on a bank,
    there aren't many of them left in the area.
    And sometimes you actually need to go in
    and get some kind of service.


    ReplyDelete
  10. AnonymousFebruary 3, 2022 at 4:34 AM

    TD Bank has a sign there that the remodeling is to improve customer service! They also reduce their hours to improve customer service, according to their other signs.

    ReplyDelete
  11. AnonymousFebruary 3, 2022 at 9:38 AM

    @Anon 4:34 - lol, classic! I guess removing the coin machine was also to improve customer service. I really miss that thing.

    ReplyDelete

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