Chase Is Happy to Be ‘Just Another Bank’

This Wall Street Journal article of the past week spotlights the unusual (for today) strategy of opening numerous bank branches by the nation’s largest such financial institution, J.P Morgan Chase. It comes at a time when most other banks are retreating from the branch ubiquity approach, something many had embraced in urban areas not 15Continue reading “Chase Is Happy to Be ‘Just Another Bank’”

Long Island Supe Wants to Build

Even with diminished editorial resources, like most “dailies,” Newsday remains often the only public-affairs coverage resource for much of its home base of Long Island, N.Y. So this week it reported the striking pledge of the new town supervisor in Brookhaven to open up housing development there. Republican Dan Panico said he would seek to eliminateContinue reading “Long Island Supe Wants to Build”

Ambitious Riverhead Is Back to Square One

Riverhead, a town on New York’s Long Island where development is possible amidst many restrictions, faces challenges to grow meaningfully and redefine its identity. A proposal for a technology park in Calverton, called Epcal, met with strong community disapproval, leading officials to abandon the plan. The town now needs an alternative that aligns with affluent tastes and the local aversion to change.