Is there any silver lining to the current financial meltdown?
Yes, reports the
New York Sun. "The era in which Manhattanites could find two, three, sometimes even four retail banking outlets on the same city block could be ending, according to a number of retail brokers who are readying themselves for a shedding of banking outlets caused by the crisis in the financial sector. Hundreds of thousands of square feet of available commercial space could be hitting the market once the dust settles on Wall Street."
No Bank of America at every intersection? No Chase signs lighting up the night? Well, hallelujah!
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