May 23, 2019 By Meghan Sackman
Quontic Bank is moving its corporate headquarters from Astoria to midtown Manhattan.
The Astoria bank, located at 31-05 Broadway, will be uprooting its executive team in Astoria and moving them to 1 Rockefeller Plaza. The Astoria location will remain open, with the focus being on retail banking and small-business lending.
“People will still be able to handle loans and bank here,” said Nicholas Beyer, a Quontic spokesperson. “We are expanding but there really won’t be any noticeable difference to the customer.”
Quontic is renting 20,000 square feet of the Tishman Speyer building, located between West 48 Street and West 49 Street. The lease starts in July.
The bank, which offers everything from personal checking to small-business loans, has six branches spread across the East Coast.
“Given our company growth, we needed to provide more space for all of our employees. The mortgage operations team will continue to operate from our current Astoria location,” said Steven Schnall, CEO of Quontic shares in a statement.
“The team is looking forward to having multiple locations throughout NYC to best serve our customers as Quontic scales as an adaptive digital bank.”
Citi also took off. What is really behind all of this? Many more houses for sale on our block.
I’m sure someone here will blame AOC or Gianaris or “gentrifiers.”
AOC won’t like hearing this, but if Amazon were here, Queens would be boomtown.
Or Amazon? They said they need more space, have you read the article? Why keep mentioning AOC? And focusing on details like how AOC graduated cum laude from Boston University’s College of Arts and Sciences in international relations and economics? AOC doesn’t deserve that.
AOC positioned Queens as “Not Business Friendly.”
And that a strong business would raise rents. That is a warning to business to avoid Queens.
No business means: No Jobs, and No Money for programs for the poor.
No jobs = more crime.
Right now, Queens is heading toward being a borough of cheap rents and high crime.
The best I can say about AOC is she is short-sited.
I know you love AOC, but maybe don’t mention her on EVERY article?
Especially ones that aren’t about her….