Thursday, April 12, 2007

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.


Anonymous Anonymous said...

Holy Shit

11:43 PM  
Anonymous Anonymous said...

why another bank?

Why not a trader joe's?

11:41 AM  
Anonymous Anonymous said...

I am going to boycott Bank of America. These places are ruining the neighborhood.

4:05 PM  
Blogger John S said...

Underbanked? How about under grocery-stored?!?!?!? There is now also no grocery store south of Union Street. And man do we need one BADLY. When BOA opened it's glass and chrka2cwjome behemoth on 5th Avenue, it destroyed the entire feel of the Avenue. Good by 7th. This just sucks.

11:07 AM  

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