update

» Tuesday, December 14, 2004

McBank

A UFO from Planet Sprawl is about to land on Park Slope, Brooklyn. No, I'm not talking about Frank Gehry's torqued, titanium basketball arena. It's a smaller project, though still a neat microcosm of the development issues roiling Brooklyn these days. In January, Commerce Bank breaks ground on a new "store" at 5th Avenue and 1st Street.

"America's Most Convenient Bank" is the quintessential corporate steamroller with a cancerous business plan. By 2009 the bank plans to have grown from 300 branches and $30 billion assets to 700 branches and $104 billion."

Vernon Hill, the bank's president, is part owner of 45 Burger Kings in the Philadelphia area and looks to the fast food business and retail giants like Home Depot, McDonald's, Starbucks, and Wal-Mart as the models for his banking business. For this, he is lionized as a major innovator.

The Park Slope branch will cover more than three-quarters of a block and look exactly like a branch you'd find in a New Jersey strip mall. A one-story industrial box surrounded by asphalt and dotted with shrubbery, it will blare its presence via a giant, illuminated plastic sign on a steel pole. Most unusual for a thriving, pedestrian shopping street, the bank will offer three "convenient drive-thru" lanes. Very convenient. If you're in a car.

Unlike the century-old buildings that line 5th Ave., this building, with its glass panels, white brick and metallic roof, is unlikely to last any longer than the bank's 20-year lease on the lot. Unlike the solid, high-ceiling banks of old, Commerce Bank gives the impression that it is just passing through, sucking assets out of the community as efficiently as possible, like a motorist in a drive-thru on his way to somewhere else.

The building is not just an issue of esthetics or style. It's an issue of public safety, urban environment and, ultimately, integrity. Fifth Ave. supports a bus line, bike lanes, many delivery trucks and an ever-increasing volume of motor-vehicle traffic. Primarily, though, 5th Ave. is a pedestrian shopping corridor. It is a genuine, functioning Main St., the likes of which have mostly been obliterated in much of the rest of the country.

The economic vitality of the local merchants and the quality of life of the neighborhoods surrounding 5th Ave. depend upon the safety and convenience of pedestrians. By encouraging motorists to detour into the neighborhood and then drive across a busy sidewalk, Vernon Hill's drive-thru will, without question, create greater traffic congestion and, all too likely, get someone hurt or killed.

Now that Brooklyn is hot property, big corporations, developers and retailers want in. That's fine as long as everyone remembers that places like 5th Ave. were resuscitated by moms 'n' pops. If left to their own devices, outfits like Commerce Bank will happily turn New York City into an unlivable, car-choked, drive-thru wasteland. That is what they've done to much of the rest of America. Now they want to do that here as well. How convenient.



Comments

This is a sad form of land use for Park Slope. Very wasteful and misinformed of the community's characteristics. Thankfully I think it's going against the trend of increasing density in Brooklyn. Cheers for a hell of a blog entry.

I haven't seen the plans for the Wal-Mart planned for Rego Park, but my hunch is that it will be even worse than this branch. Crains has an article about Commerce Bank leasing 60,000 square feet of office space at 42nd and Madison and to consolidate operations there. Here is the link to the article: http://www.newyorkbusiness.com/article.cms?articleId=22257.

The fact that the current site is a little-used parking lot surrounded in barbed wire doesn't diminish the argument against building a suburban-style drive-thru business on a thriving pedestrian shopping street. The potential of this lot is tremendous. It could easily sustain 30,000 square feet of retail and housing -- 5 storefronts and at least 25 apartments. In a neighborhood starved for housing and absorbing every inch of retail space rapidly, it is worse than a shame to use three-quarters of a block for a "little box" bank building. More here: http://www.parkslopeneighbors.org/commercebank/PSN.htm

Chris,
Have you tried to organize around anything around H&R Block issue? It's probably the kind of thing where if you don't do it yourself, nobody is...

As an employee of Commerce Bank, I fail to comprehend the distain of the people who post on this site. Commerce Bank is focused on the community they serve with multiple outreach programs, convenient hours, customer service that is beyond compare to any other financial institution. Clearly, Commerce will provide additional well paying jobs with benefits to people who live in the community. Moreover, the Commerce business model is to generate revenue/growth by increasing core deposit accounts (which are free), unlike other banks who's business model is based on levying unreasonable service charges on their customers. In closing, before you judge, go to a Commerce "store", and experience the excellent customer service that has made Commerce the juggernaut that it is. Keep in mind that Commerce has opened new "stores" in Harlem, and is brining new capital to the area, and employment opportunities to the community...as opposed to predatory cash checking stores that had once infested the neighborhood. You can’t argue with success, then again you can but it is rather fruitless.

But Dr. No, Why can't Commerce Bank provide all those benefits to NYC neighborhoods without destroying urban public space? Why do you have to come in with one kind of suburban sprawl cookie-cutter, traffic-generating, box building?

Thank you!
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