Zarin Fabrics’ Awning is Removed from 314 Grand Street; TD Bank Coming Soon
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Already with one multinational bank to its name, 314 Grand Street certainly didn’t need another; especially fifteen feet away. Anyone could tell you that. Though, such is life on the Lower East Side. Contractors erected corner-hogging scaffolding on Friday afternoon, a facade obstruction that’ll be with us for the foreseeable future.
You’ll recall that Zarin Fabrics relocated its longstanding showroom earlier this year around the corner to the 69 Orchard Street front, just so TD Bank could plant its flag here. Its blueprints have been sitting on the window ledge since earlier this summer. The new branch represents their second expansion in the area within the last year, behind the Mars Bar killer on Second Avenue.
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The old Zarin showroom will become a TD Bank
This particular location is a watershed moment of sorts for the financial institution. 314 Grand – which unsuccessfully marketed itself for $32 million (then chopped to $29.5 million) – actually represents the first TD Bank in the 10002 zip code.
Its debut will likely commence with the bullshit fanfare, as was seen at Jupiter 21 (i.e. mascot, coffee, cookies, balloons).