Derelict OTB Parlor in Chatham Square Repossessed by (Another) Chase Bank
Off Track Betting, the storefront gambling mainstay on the streets for decades, went out of business seven years ago. Most of the ghosted parlors around town were later renovated and/or repossessed by other businesses, including the Delancey Street location.
But one outpost remained surprising intact through the intervening years. The derelict Chatham Square outpost, which, until recently, had been vacant since the end of 2010. While ghost signage still offers a reminder of the city’s seedier underbelly, a Chase Bank will soon sterilize the space. Its opening is slated for sometime in April.
This Chase Bank sits less than five hundred feet from another branch at 2 Bowery.
What’s more, including the newcomer, there are now five banks within the crowded confines of Chatham Square, with a few others not too far north on the Bowery.