TD Bank Sheds its Plywood at Zarin Building on Grand Street

Posted on: June 22nd, 2015 at 5:12 am by
This image has been archived or removed.

As one independent business founders (i.e. The Cast) at the Zarin building on Grand Street, a corporate behemoth is on the verge of moving in.

Nine months on, the new storefront at 314-320 Grand Street has been delivered. No more one-story plywood shed; the tattered construction site additive was finally pried from the facade late last week. The marquee awaits the arrival of illuminated signage for the incoming TD Bank.

Here’s a peek inside the antiseptic bank. Standard issue, really.

This image has been archived or removed.

As we’ve previously opined, the arrival of a TD Bank branch at 314 Grand (the first in 10002) marks a new low for the block. Two corporate banks in one building (Bank of America is the other), and sharing the same frontage.

The seller – Amster Family Investments – attracted TD Bank back in June 2013, shortly before the 35,000 square-foot corner building was placed on the chopping block. However, 314-320 Grand didn’t actually sell until earlier this year. Malachite Group shelled out $25.6 million for the high-profile corner. That price tag was approximately $4 million less than the most recent ask (the property was first listed for $32 million).

Recent Stories

Another Show of Love for City First Responders Now Hangs Above the FDR

The Delancey Street foot bridge over the FDR is a popular place to make a statement. Many a banner has hung from this chain-link fencing. And now, it’s adoration for the city’s first responders during the COVID-19 outbreak. Yesterday morning, a handwritten sheet appeared on the bridge with the message – “NYC loves RNs + […]

Local Small Businesses Fundraising Meals for First Responders in COVID-19 Crisis

Lower East Side businesses are pooling resources to send meals to first responders during the COVID-19 crisis. For the next month, several small businesses tapped by the Lower East Side Partnership are sending meals to first responders (NYPD, FDNY, EMS) And the business improvement district is raising money to fund it. So far, Williamsburg Pizza, […]

Thief Steals $5K of Tech Equipment from Grand Street Settlement Community Center at Rutgers Houses

As we’ve seen, the COVID-19 shutdown does not deter crime. Police said that a man broke into, and robbed, the Grand Street Settlement community center at Rutgers Houses this past weekend. The suspect, pictured in the surveillance photo above, stole more than $5,000 worth of computers and equipment. The suspect remains at large. The area community […]

Chinatown Asks, Where’s the Beef? [OP-ED]

In scenes reminiscent of life in the Soviet Union during the Cold War, where long lines were the norm for basic necessities and food, the past couple weeks of coronavirus quarantine have shown a crack here at home. Despite federal and state leaders’ calls to remain calm and reassurances that there are bountiful supplies of meat, vegetables and […]

The Crazy Line Outside Trader Joe’s on Grand Street

This is the queue outside Trader Joe’s on Grand Street. Distanced six feet apart, the line of shoppers snaked around onto Clinton Street and up to Broome. It’s a scene that plays out daily amidst the COVID-19 shutdown, as residents scramble for groceries. We were told that management allows a store occupancy of fifty to […]