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New bankers row grows
Marv Cermek
Construction is moving along at a fast pace for the new Recovery Sports Grill on the former site of the long-deteriorated Capital Plaza in Rotterdam.
A sign that went up the other day announces a new Berkshire Bank branch will be built on the same parcel located at the ultra-busy Curry Road-Altamont Avenue intersection. The sports grill has hopes for opening before year's end while the bank plans a spring debut.
That area is fast becoming a bankers row because the Berkshire addition means there will be five banks along a roughly quarter-mile stretch of Altamont Avenue.
Trustco and HSBC have bank branches adjacent to the upcoming Berkshire branch.
Also, Pioneer Savings Bank will be moving its present Hannaford Plaza branch on Altamont Avenue to the former Edgewood Restaurant property. The new Pioneer will be on the opposite side of Altamont Avenue from a relatively new Ciltizens Bank branch.
Two banks remain at Hannaford Plaza -- Bank of America and Trustco -- for a total of seven along a half-mile portion of Altamont Avenue.............>>>>.................>>>>...............http://www.timesunion.com/local/article/A-new-tool-to-fight-thefts-from-vehicles-722993.php#page-2 |
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| MobileTerminal |
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Pretty soon there'll be more banks than pizza joints |
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| GrahamBonnet |
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A lot of money that people don't like to spend. You need banks for that! Rotterdam looks great on paper, believe me. Many companies get a rude awakening when they realize people here cling to their cash and don't part with it as easily as in the next towns over... |
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| Shadow |
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People who have a little money aren't going to spend a dime more than they have to until the idiots in Washington figure out how to get the economy going and stop printing money which reduces the value of our dollar. |
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| bumblethru |
| October 27, 2010, 10:45am |
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A lot of money that people don't like to spend. You need banks for that! Rotterdam looks great on paper, believe me. Many companies get a rude awakening when they realize people here cling to their cash and don't part with it as easily as in the next towns over...
Rotterdamians historically have NEVER spent their money. They banked it. Rotterdam is hoping that when the 'old timers' die off, they will leave the money to their off spring. The only difference....is that their 'off spring' doesn't live in rotterdam. THEY MOVED OUT!So the $$$$ will not go into the town of rotterdam! |
| When the INSANE are running the ASYLUM
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| DemocraticVoiceOfReason |
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Banks would NOT build a new branch if they did not have market studies and other data to support it.
The same is true for closing branches -- for example, Trustco has 3 branches in the 2 mile (at most) stretch between Curry Road Plaza and Hannaford Plaza -- and I have it from a source that ALL 3 of those branches
are doing quite well.
Now all we need on Altamont Avenue is a good Polish Restaurant/Deli and we will be all set. |
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Pete Vroman for State Assembly 2016[/size][/color]
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| mantis28h |
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Banks would NOT build a new branch if they did not have market studies and other data to support it.
The same is true for closing branches -- for example, Trustco has 3 branches in the 2 mile (at most) stretch between Curry Road Plaza and Hannaford Plaza -- and I have it from a source that ALL 3 of those branches
are doing quite well.
Now all we need on Altamont Avenue is a good Polish Restaurant/Deli and we will be all set.
Don't forget the Trustco on Crane st. It's very close to Alt. Ave. and is doing quite well lately. 4 branches so close and all are flourishing. |
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| DemocraticVoiceOfReason |
| October 27, 2010, 11:32pm |
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Don't forget the Trustco on Crane st. It's very close to Alt. Ave. and is doing quite well lately. 4 branches so close and all are flourishing.
very true -- although I am not sure how long the one on Crane Street will stay there |
| George Amedore & Christian Klueg for NYS Senate 2016
Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground."
Lyndon Baines Johnson |
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one need NEVER to step foot into a bank building ever.....that is what the internet is for....one doesn't even need to buy stamps anymore....
sooooo,,,,,here's Rotterdam stuck in the damn dark ages....building buildings that certainly dont make for great foot traffic.....honestly,,,,pretty soon
banks will become nothing more than photobooths of the past...... |
| ...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
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| bumblethru |
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Oh there is plenty of money in rotterdam.....they just don't spend it. It IS all in the banks! Like said earlier.....they are planning on the 'savers' to die off and leave it to their 'overspending' off spring!! |
| When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche “How fortunate for those in power that people never think.”
Adolph Hitler |
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Oh there is plenty of money in rotterdam.....they just don't spend it. It IS all in the banks! Like said earlier.....they are planning on the 'savers' to die off and leave it to their 'overspending' off spring!!
it's in a bank that is virtually on the internet using virtual money and changing the value with the click of a button from one side of the world to the other...... |
| ...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
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