Riverdale Chase to remain open
Dinowitz announced the branch would be open until at least May 2021
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BRONX TIMES REPORTER, N 8 OVEMBER 20-26 BTR
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BY JASON COHEN
The Chase branch at Knolls Crescent,
southern Riverdale’s only bank,
was prepared to shutter at the end of
the year. But on Wednesday morning,
Assemblyman Jeffrey Dinowitz
announced on Twitter that it will remain
open until at least May 2021.
“The fi ght isn’t over, but this is
an important victory as Chase takes
time to reevaluate their decision regarding
the Knolls Crescent branch,”
Dinowitz stated on Twitter.
In October, residents packed the
parking lot of the bank as they held a
rally protesting the planned closure.
On Oct. 6, residents received a notice
from Chase that the branch located
at 13B Knolls Crescent would
close on Dec. 30. The closest Chase
branches are at 5881 Broadway and
3775 Riverdale Ave., but topographically
would require a car, bus or paratransit
vehicle to transport someone
living in Knolls Crescent to use
their bank.
However, southern Riverdale has
a higher than average percentage of
residents who are likely to have limited
mobility including senior citizens
and families who have children
in strollers.
Assemblyman Jeffrey Dinowitz from the rally in October. Photo courtesy of Twitter