Showing posts with label not better than a Duane Reade or Starbucks. Show all posts
Showing posts with label not better than a Duane Reade or Starbucks. Show all posts

Friday, October 17, 2008

BOA not DOA

What bank branch glut? Esquared reports that there's a new Bank of America branch opening Monday on Canal and Broadway. Say goodbye to the vendors and makeshift stores on the northeast corner.

Wednesday, October 8, 2008

An end to the bank branch glut?


Some passages from a Times article today:

[I]t seems highly likely there will be some branch closings and that the dynamics of the market for retail space in Manhattan could be altered, although not immediately.

Brokers say that eventually Chase will almost certainly want to shut some branches once Washington Mutual has been absorbed.

Chase has 121 full-service branches in Manhattan, and WaMu has opened about 45.

But shedding excess branches may prove problematic. For one thing, WaMu signed most of its New York leases in the last four years. Banks tend to favor 15-year leases, so a lot of these leases may have 11 to 14 years left before they expire.

Friday, April 25, 2008

"Honoring a great New Yorker" (aka This week's sign of the apocalypse)


Tonight through Sunday, the Empire State Building will be purple, pink and white in honor of Mariah Carey.

Why?

Says the ESB's Web site, it's "Honoring a Great New Yorker: Mariah Carey Breaks Records With E=MC2 Album Release."

She's from Huntington, Long Island.

[Via Gothamnist]

[This week's sign of the apocalypse line via Sports Illustrated's weekly feature. It was too fitting not to use.]