‘To compete in this environment, the city must offer an attractive affordable housing alternative, define the neighborhoods where it is available, and implement individual deals on a timely fashion.’
Above, a check-cashing outlet in Red Hook.
The article "Why are so Many New Yorkers Still Under-Banked" (01/06/17) should have been titled "How to Disseminate Misinformation about an Entire Industry…
It’s been 22 years since the state mandated low-cost accounts at traditional banks. But check-cashing outfits and pawnshops are still a major presence in many neighborhoods.