man2010 t1_iu0cz5y wrote
Reply to comment by mrkro3434 in ‘A 24-hour neighborhood’: Wu outlines plans to bring downtown Boston back to life - The Boston Globe by TouchDownBurrito
Bank branches in major cities have been declining for years, and art galleries and small businesses still exist on Newbury St
[deleted] t1_iu0eexx wrote
[deleted]
man2010 t1_iu0otoj wrote
Franklin St isn't Newbury St which the previous commenter specifically mentioned, and I'm not sure why you're bringing it up. The city has had 39 bank closures since the pandemic started, and nationally the trend for over a decade has been more branch closures, especially in metropolitan areas and among larger banks. One street isn't representative of the larger trends.
yacht_boy t1_iu16vdk wrote
I mean, it IS the financial district. I expect to see all the regional and national banks have offices and branches there. It makes sense for them to be in proximity to each other.
What I didn't need was a new Chase bank on Centre St in JP where there used to be a family-owned restaurant.
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