Exclusive Park Slope Retail Bulletin: D'Agostino Out, Bank of America In

Looks like Seventh Avenue in Park Slope is going to be getting more banking services. Gowanus Lounge has learned that D'Agostino's, which is at the corner of Sixth Street and Seventh Avenue, will be closing on April 28. Gothic Cabinet Craft, which occupies the corner store in the same building will also close. They will be replaced by a full-service Bank of America branch. A children's store, whose identity we don't know, will occupy part of the renovated storefront as well. (Yesterday, OTBKB reported rumblings that the D'Agostino would be closing.) The Bank of America outlet would be its third Seventh Avenue facility within a year, the other two being ATM storefronts at Seventh Avenue and Union Street and a new one on Seventh Avenue and Ninth Street. GL has also been told that there is "banking interest" in the storefronts on Seventh Avenue north of Union Street that have been empty since they were hit by a fire more than two years ago. Signs indicating the property has been sold went up recently. Bankers still consider Seventh Avenue to be "under-banked" and there are no branches south of Carroll Street. Apparently, while both D'Agostino's and Gothic Cabinet Craft were doing well, rent increases made staying in the space untenable. Bank of America has clearly come into the Park Slope market at a run.