City Council Approves Legislation Against Sidewalk ATMs

Posted on: December 9th, 2010 at 10:01 am by

As residents of the Lower East Side, it’s all too familiar to see soulless ATMs dotting almost every storefront on any given block. Some are marked by cheapo paper signs screaming “get cash,” while others are illuminated.  Just begging you to dip that card. We even tried to map out all the money machines in the neighborhood, but lost that battle.

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Now Gotham Gazette reports that City Council approved legislation yesterday that bans the use of sidewalk ATMs.  Mayor Bloomberg is expected to sign the new bill, originally proposed last May (Intro 257A).  The bill does not affect ATMs currently housed inside bodegas or bank vestibules.

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The East Village appears hardest hit by such sidewalk boxes, as EV Grieve has also tirelessly documented.  The article notes the following:

report from Manhattan Borough President Scott Stringer in 2009, which pushed for regulations to discourage their use, found 99 in the East Village — 70 were between First Avenue and Avenue B alone.

Under the bill, the Department of Transportation will give property owners 30 days to remove the illegal ATM. After that, a property owner can be fined between $2,500 and $5,000 every five days if the ATM is not removed. If the owner racks up unpaid fines of $50,000 over the course of 90 days, the city will seize the ATM.

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