We have several banks popping up on 5th Avenue, and 8th has been inundated for a while. To me, it is better to have a bank than an empty storefront, but ideally I'd like to see more productive "neighborhood" type of establishments. Either way, it's great that the empty corner on 5th and 45th is no longer desolate.
From the Brooklyn Daily Eagle:
New York City Comptroller William C. Thompson, Jr. and Finance Commissioner Martha Stark this week announced that the city’s Banking Development District (BDD) program has reached $200 million in deposits to support bank branches in underserved neighborhoods, including those in Brooklyn. In fact, Thompson and Stark made the announcement after Amalgamated Bank received a $10 million deposit through the BDD program following the opening of its branch in Sunset Park.
Read the rest of the article here.