Inner City Press' Community Reinvestment Reporter

  

     Welcome to Inner City Press’ CRA Report.  Our other Reporters cover the financial services industry, human rights, the Federal Reserve, and other beats.  ICP has published a book about the CRA-relevant topic of predatory lending - click here for sample chapters, a map, and ordering informationCBS MarketWatch of April 23, 2004, says the the novel has "some very funny moments," and that the non-fiction mixes "global statistics and first-person accounts."  The Washington Post of March 15, 2004, calls Predatory Bender: America in the Aughts "the first novel about predatory lending;" the London Times of April 15, 2004, "A Novel Approach," said it "has a cast of colorful characters."  See also, "City Lit: Roman a Klepto [Review of 'Predatory Bender']," City Limits, Oct. 2004.  The Pittsburgh City Paper says the 100-page afterword makes the "indispensable point that predatory lending is now being aggressively exported to the rest of the globe." Click here for that review; click here to Search This Site  Click here for Inner City Press' weekday news reports, from the United Nations and elsewhere.

Click here for Inner City Press' weekday news reports, from the United Nations and elsewhere. Click here for a recent BBC piece on Inner City Press' reporting from the United Nations. New: Follow us on TWITTER   BloggingHeads.tv  Click for March 1, 2011 BloggingHeads.tv re Libya, Sri Lanka, UN Corruption by Inner City Press. 2014: MRL on Beacon Reader  For or with more information, contact us.

September 13, 2021

After Investors Bank Hit With FDIC Conditions, CRA Protest Filed To Deal With Citizens Bank

By Matthew Russell Lee, Patreon Story Order
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, Sept 11 – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question. And the proposed acquisition of Investors Bank by Citizens Bank NA will be litmus test.

Investors Bank is one of the most disparate banks in New York State, where in 2020 it made only three mortgage loans to African Americans, while denying fully seven applications from African Americans. By contrast, it made 164 loans to whites while denying only 76 applications from whites.

  Inner City Press raised the 2019 disparities to the FDIC - and on July 30 was contacted by the FDIC that it imposed rare conditions on Investors. Letter here. This has now been raised on Citizens' application, to the OCC:

"Re: Timely First Comment Opposing Citizens to acquire Investors Bank

Dear Ms. Cummings and others in the OCC, including at "Large Banks": 

This is a timely first comment opposing and requesting an extension of the OCC's public comment period on the Applications by Citizens to acquire Investors Bank.  

  Before getting to the data, be aware that based on Fair Finance Watch's comments to the FDIC about Investors, it recently imposed a condition on Investors. Investors has yet to meaningfully implement the required improvements; this application should not be approved, much less at this time.    The FDIC wrote:

 "Matthew Lee, Esquire Executive Director Inner City Press/Fair Finance Watch  Dear Mr. Lee: We are writing to inform you that the FDIC approved Investors Bank’s application to acquire eight branches from Berkshire Bank. As part of the application review process, we investigated the issues you raised in your e-mail dated January 19, 2019... The Bank will develop and Board approve an Action Plan within 60 days of the  effective date of this Order to ensure that its home mortgage lending adequately  addresses the credit needs of all segments of its market areas. The Action Plan  should include, at a minimum, the following: a. The Bank will regularly monitor application and origination activity of home  mortgage loans in majority-minority census tracts and from Blacks throughout the  Bank’s assessment areas.  b. The Bank will ensure marketing and outreach efforts are inclusive of all communities,  including minority communities within all the Bank’s assessment areas. The  marketing and outreach efforts should focus on home mortgage product awareness.  Marketing activities should use materials and media that reflect the racial and ethnic  composition of the targeted communities. The Bank should also have specific  advertising and outreach goals, and the results of these efforts should be documented,  monitored, and evaluated for effectiveness.  5. Upon Board approval of this Order, the Bank will provide a copy of the signed Order to  the FDIC's New York Regional Office within 30 days.  6. Upon Board approval of such Action Plan, the Bank will provide a copy of the Plan  to the FDIC’s New York Regional Office. 7. The Bank will provide the FDIC’s New York Regional Office with quarterly  updates detailing its progress in meeting the goals listed in the Action Plan."   

Citizens cannot, as of now, be allowed to acquire this hot mess.  As noted:  The applicant Citizens in 2020 in New York State based on its disparate marketing made 7183 mortgage loans to whites, with 3116 denials to whites -- while making only 323 loans to African Americans, with more than that in denials: 336.  

  Here's some of Investors' 2020 HMDA data:  Investors Bank in 2020 in New York State based on its disparate marketing made 164 mortgage loans to whites, with 76 denials to whites -- while making only THREE loans to African Americans, with SEVEN denials. This is far out of keeping with the demographics, and other lenders, in NYS - this is outrageous.

This is a pattern. Investors Bank in 2020 in New Jersey based on its disparate marketing made 1580 mortgage loans to whites, with 281 denials to whites -- while making only 64 loans to African Americans, with 28 denials. This is far out of keeping with the demographics, and other lenders, in New Jersey. The comment period should be extended; evidentiary hearings should be held; and on the current record, the application should not be approved."

Watch this site.

September 6, 2021

OCC Protest of South State-Atlantic Capital Under CRA, How Will Hsu Differ from Before?

By Matthew Russell Lee, Patreon Story
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, Sept 4 – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question.

Now the proposed acquisition by South State of Atlantic Capital Bank in Georgia will be a litmus test. South State is so disparate that in South Carolina in 2020 for mortgage loans to African Americans it had more denials (147) than loans made (133) - while making six loans to whites for every denial to a white applicant.

On August 17, Fair Finance Watch and Inner City Press on the FOIA) filed a comment with the Federal Reserve Board, below.

Now on September 4, Fair Finance Watch has commented to the Office of the Comptroller Currency, which some say has changed for the better. We'll see.

As to the Fed, which denies FOIA requests after five months, here, on August 25, this strange response: "Dear Mr. Lee,     This is to acknowledge receipt of your email to the Office of the Secretary for the Board of Governors of the Federal Reserve System (Board) dated August 17, 2021, regarding the proposal of South State Corporation to merge with Atlantic Capital Bancshares, Inc., and thereby indirectly acquire Atlantic Capital Bank, NA.  To date, South State Corporation has not filed an application with the Federal Reserve System.  Currently, the public comment period for the proposal will end on September 20, 2021. 

   If an application is filed within the next three months from the date your comment was sent, your correspondence will be made part of the record, and the Board will evaluate your comment.  We will also send a copy of the public portions of the application as soon as possible after the application is received.     Sincerely,     Jennifer Snow  Senior Examiner  Supervision, Regulation, and Credit  Federal Reserve Bank of Atlanta     Integrity. Excellence. Respect."

How can there be a comment period with expiration date, if there is no application? Inner City Press asked, and on August 26 is told:

"Our procedures provide that advance notice in the Federal Register may be requested in advance of a filing. The comment period end date applies to the Federal Register notice, which was filed in advance of the application being filed."

   What - the comment period running to its conclusion, before any application to comment on is available? This seems far too bank-friendly. How does it relate to the administration's Antitrust Memo? Watch this site.

August 30, 2021

AOC Cites Need for Public Alternative To Credit Reports As Inner City Press Asks of CRA

By Matthew Russell Lee, Patreon UN censors
BBC - Guardian UK - Honduras - ESPN

NEW YORK, SDNY & EDNY, August 27 – The difference between retail and wholesale politics was again on display Friday night, in a town hall to The Bronx and Queens, when Inner City Press asked if  the Biden Administration is yet doing enough about bank redlining. (Video to come).

   Rep. Alexandria Ocasio-Cortez held a Zoom town hall, after which she took press questions.

  Inner City Press asked, ""Does Rep. Ocasio-Cortez think the administration's bank regulators have moved fast enough to increase scrutiny of redlining, predatory lending and other abuses?"

  Rep. Ocasio-Cortez said, in short, No. Acknowledging that it only scraped the surface, she said credit reporting agencies and banks have a conflict of interest: they profit from keeping consumers' credit scores down. She said there should be a public alternative - and invited Inner City Press (and presumably Fair Finance Watch) to specify work that needs to be done. That would be, bank-friendly merger reviews which have weakened the Community Reinvestment Act. We'll have more on that - and on the UN's continuing ban on Inner City Press.

 Inner City Press on August 27 also submitted a question about the United Nations - not answer answered - while the head of UN Media Accreditation Melissa Fleming continues to ban Bronx-based Inner City Press from even entering again to ask questions. This must be addressed before UNGA Week, September 21.

August 23, 2021

CRA Protest to South State - Atlantic Capital Shows Disparities In Georgia, Florida & SC

By Matthew Russell Lee, Patreon Story
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, August 17 – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question.

Now the proposed acquisition by South State Corporation of Atlantic Capital Bank in Georgia will be a litmus test. South State is so disparate that in South Carolina in 2020 for mortgage loans to African Americans it had more denials (147) than loans made (133) - while making six loans to whites for every denial to a white applicant.

On August 17, Fair Finance Watch and Inner City Press on the FOIA) filed this with the Federal Reserve Board:

Dear Chair Powell, Secretary Misback and others in the FRS:   This is  a timely first comment opposing the Applications of South State Corporation to merge with Atlantic Capital Bancshares, Inc., and thereby indirectly acquire Atlantic Capital Bank, NA .

 Fair Finance Watch has been tracking South State Bank NA:  The applicant's South State Bank NA in 2020 in Florida based on its disparate marketing made 5721 mortgage loans to whites, with 1019 denials to whites -- while making only 143 loans to African Americans, with 48 denials. This is far out of keeping with the demographics, and other lenders, in Florida - this is outrageous. 

This is a pattern. South State Bank NA in 2020 in South Carolina based on its disparate marketing made 3048 mortgage loans to whites, with 537 denials to whites -- while making only 133 loans to African Americans, with fully 147 denials. This is far out of keeping with the demographics, and other lenders, in South Carolina. The denials to African Americans are... outrageous.   

Perhaps most relevant, South State is disparate in the state it is trying to make this acquisition to impose and expand its practices. South State Bank NA in 2020 in Georgia based on its disparate marketing made 4068 mortgage loans to whites, with 451 denials to whites -- while making only 494 loans to African Americans, with 120 denials. This is far out of keeping with the demographics, and other lenders, in Georgia - this is outrageous.

 The comment period should be extended; evidentiary hearings should be held; and on the current record, the application should not be approved.


 Inner City Press (and Fair Finance Watch, on the HMDA) will have more to say about this. Watch this site.

August 16, 2021

Valley National - Westchester Bank Is Protested to NYS DFS Lacewell On Lending Disparities

By Matthew Russell Lee, Patreon Story
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, August 14  – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question. And the proposed acquisition by disparate lending Valley National Bank of The Westchester Bank in New York will be a litmus test, for the NYS Department of Financial Services, from which Cuomo ally Linda Lacewell is leaving by August 24.

On August 14, Fair Finance Watch (with Inner City Press on the FOIA) filed the below with the NYS DFS:

New York State Department of Financial Services Attn: Linda A. Lacewell, Acting Superintendent of Financial Services And Office of the General Counsel One State Street, New York, New York 10004-1511   Re: Timely Initial Comment Opposing Application of Valley National Bank to acquire The Westchester Bank    

Dear [Outgoing] Superintendent Lacewell, General Counsel and others at NYSDFS:     This is a timely first comment opposing and requesting an extension of the NYS DFS public comment period on the Applications by Valley National Bank to acquire The Westchester Bank.     

 The applicant Valley National Bank in 2020 in New York State based on its disparate marketing made 1080 mortgage loans to whites, with 83 denials to whites -- while making only 51 loans to African Americans, with seven denials. This is far out of keeping with the demographics, and others lenders, in NYS - this is outrageous.  This is a pattern.

The applicant Valley National Bank in 2020 in Florida based on its disparate marketing made 859 mortgage loans to whites, with 119 denials to whites -- while making only 45 loans to African Americans, with eight denials.

This is far out of keeping with the demographics, and others lenders, Florida - this is outrageous.  

 Beyond its lending disparities, Valley National Bank is being sued for mis-categorizing and underpaying those who work for it. See, e.g., PALERMO v. VALLEY NATIONAL BANCORP (D.N.J. 2020) - submitted for the record, and in light of the new merger review Executive Order.   

There is no public benefit to this proposal.  

August 9, 2021

As Cadence Bank Belatedly Faces Fair Lending DOJ Charge, Inner City Press Told Fed in 2018

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / BRONX, August 2 -- How out of control is the merger rubber stamping of the U.S. Federal Reserve and other regulators, even as they are ostensibly working to improve?

  Today it's reported that Cadence Bank is looking to settle with DOJ on lending discrimination. But Inner City Press / Fair Finance Watch protested Cadence to the Federal Reserve in 2018 - and the Fed approved the merger.

Inner City Press / Fair Finance Watch wrote: "timely first comment on, the Applications of Cadence Bancorporation, Houston, Texas; to acquire State Bank Financial Corporation, Atlanta, Georgia, and thereby indirectly acquire State Bank and Trust Company, Macon, Georgia As an initial matter, this is a request that the FRS immediately send by email to Inner City Press all non-exempt portions of the applications / notices for which the Applicants have requested confidential treatment.

Fair Finance Watch has been tracking Cadence Bank: In 2017 in the Dallas, Texas MSA for convention home purchase loans, Cadence made 99 such loans to whites - and NONE, not a single origination, to African Americans. In 2017 in the Houston Texas MSA for convention home purchase loans, Cadence made 236 such loans to whites - and only 15 to African Americans, and only 23 to Latinos. This is not in keeping with the aggregate, which made 37,128 such loans to whites, 3151 to African Americans and 8215 to Latinos.  

In 2017 in the Birmingham, Alabama MSA for convention home purchase loans, Cadence made 66 such loans to whites - and only ONE to African Americans. Even combining in Table 4-1, it was 79 home purchase loans to whites and only THREE to African Americans.

August 2, 2021

Investors Bank Hit With FDIC Conditions, Faces CRA Protest On Deal With Citizens Bank

By Matthew Russell Lee, Patreon Story Order
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, July 30 – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question. And the proposed acquisition of Investors Bank by Citizens Bank NA will be litmus test.

Investors Bank is one of the most disparate banks in New York State, where in 2020 it made only three mortgage loans to African Americans, while denying fully seven applications from African Americans. By contrast, it made 164 loans to whites while denying only 76 applications from whites.

  Inner City Press raised the 2019 disparities to the FDIC - and on July 30 was contacted by the FDIC that it imposed rare conditions on Investors. Letter here. This will be raised on Citizens' application - disparities cannot be rewarded, seriatim. The FDIC wrote: "Matthew Lee, Esquire Executive Director Inner City Press/Fair Finance Watch  Dear Mr. Lee: We are writing to inform you that the FDIC approved Investors Bank’s application to acquire eight branches from Berkshire Bank. As part of the application review process, we investigated the issues you raised in your e-mail dated January 19, 2019...
The Bank will develop and Board approve an Action Plan within 60 days of the  effective date of this Order to ensure that its home mortgage lending adequately  addresses the credit needs of all segments of its market areas. The Action Plan  should include, at a minimum, the following: a. The Bank will regularly monitor application and origination activity of home  mortgage loans in majority-minority census tracts and from Blacks throughout the  Bank’s assessment areas.  b. The Bank will ensure marketing and outreach efforts are inclusive of all communities,  including minority communities within all the Bank’s assessment areas. The  marketing and outreach efforts should focus on home mortgage product awareness.  Marketing activities should use materials and media that reflect the racial and ethnic  composition of the targeted communities. The Bank should also have specific  advertising and outreach goals, and the results of these efforts should be documented,  monitored, and evaluated for effectiveness.  5. Upon Board approval of this Order, the Bank will provide a copy of the signed Order to  the FDIC's New York Regional Office within 30 days.  6. Upon Board approval of such Action Plan, the Bank will provide a copy of the Plan  to the FDIC’s New York Regional Office. 7. The Bank will provide the FDIC’s New York Regional Office with quarterly  updates detailing its progress in meeting the goals listed in the Action Plan."

  Citizens cannot, as of now, be allowed to acquire this hot mess.

Citizens Bank proposes to buy 80 more branches, from HSBC. So on July 7, from Fair Finance Watch and Inner City Press on the FOIA, this:

Dear Deputy Comptrollers incl Kiefer, Ms. Cummings and others in the OCC:     This is a timely first comment opposing and requesting an extension of the OCC's public comment period on the Applications by Citizens Bank NA to acquire branches from HSBC, and close some of them.    

     The applicant Citizens in 2020 in New York State based on its disparate marketing made 7183 mortgage loans to whites, with 3116 denials to whites -- while making only 323 loans to African Americans, with more than that in denials: 336. This is outrageous. 

   Citizens Bank should be precluded from acquiring these branches. Additionally, it has not disclosed which branches it would close.  So which of these would Citizens close?   

See e.g., for the record on this application, this:
 "The branch acquisition also fills in an important gap in the $187-billion-asset bank's geographic footprint: New York City. While the bank does have 111 branches in New York, most of them are upstate and not around the city, so this certainly fills in a missing piece. Also, I expect the bank will find opportunities to consolidate or close branches, which will eventually result in cost savings down the line."

      There is no public benefit to this proposal.     

  FFW and Inner City Press have been deeply concerned about the rush by the OCC's penchant to rubberstamp mergers by redliners, particularly during the pandemic. We also note the OCC's role in The Federal Savings Bank's use to try to get a job for its CEO with the previous administration, being exposed today in SDNY court.

July 26, 2021

Fed On Community Reinvestment Act While Prepares Rubber Stamp for M&T, Old National

By Matthew Russell Lee, Patreon Story
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, July 20 – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question. And the proposed merger of two redlining banks, M&T and People's United, will be a litmus test, see below.

On July 20, the Federal Reserve announced that "it is committed to working together with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA). "We are delighted to work together to develop a joint Notice of Proposed Rulemaking building on the Board's September 2020 Advance Notice of Proposed Rulemaking, which was intended to provide a framework for a joint rulemaking that ensures the CRA remains a strong and effective tool to address inequities in access to credit and meet the needs of low- and moderate-income communities and garners broad support," said Federal Reserve Governor Lael Brainard."

The inter-agency statement: "WASHINGTON -- The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) are committed to working together to jointly strengthen and modernize regulations implementing the Community Reinvestment Act (CRA).  The agencies have broad authority and responsibility for implementing the CRA. Joint agency action will best achieve a consistent, modernized framework across all banks to help meet the credit needs of the communities in which they do business, including low- and moderate-income neighborhoods."

July 12, 2021

Citizens - HSBC Protest on NY Loans & Branch Closings, OCC Role in Calk Manafort Case

By Matthew Russell Lee, Patreon Story
BBC - Guardian UK - Honduras - ESPN

FEDERAL COURT / S Bronx, July 7 – Whether or not the U.S. Community Reinvestment Act will be again enforced until the new Administration and its regulators is an open question. And the proposed acquisition of HSBC branches by Citizens Bank NA, and closing of many of them, will be litmus test.

Citizens Bank proposes to buy 80 more branches, from HSBC. So on July 7, from Fair Finance Watch and Inner City Press on the FOIA, this:

Dear Deputy Comptrollers incl Kiefer, Ms. Cummings and others in the OCC:     This is a timely first comment opposing and requesting an extension of the OCC's public comment period on the Applications by Citizens Bank NA to acquire branches from HSBC, and close some of them.    

     The applicant Citizens in 2020 in New York State based on its disparate marketing made 7183 mortgage loans to whites, with 3116 denials to whites -- while making only 323 loans to African Americans, with more than that in denials: 336. This is outrageous. 

   Citizens Bank should be precluded from acquiring these branches. Additionally, it has not disclosed which branches it would close.  So which of these would Citizens close?   

See e.g., for the record on this application, this:
 "The branch acquisition also fills in an important gap in the $187-billion-asset bank's geographic footprint: New York City. While the bank does have 111 branches in New York, most of them are upstate and not around the city, so this certainly fills in a missing piece. Also, I expect the bank will find opportunities to consolidate or close branches, which will eventually result in cost savings down the line."

      There is no public benefit to this proposal.     

  FFW and Inner City Press have been deeply concerned about the rush by the OCC's penchant to rubberstamp mergers by redliners, particularly during the pandemic. We also note the OCC's role in The Federal Savings Bank's use to try to get a job for its CEO with the previous administration, being exposed today in SDNY court.

The branches in danger:

 24522 Doral Branch         4090 NW 97TH AVE.               MIAMI        FL          33178 Miami-Dade 127750A  24522 Arch St. Branch     1027 ARCH STREET                PHILADELPHIA  PA     19107 Philadelphia 127753A  24522 Boston Road Branch        3478 BOSTON ROAD             BRONX          NY    10469 Bronx 127764A  24522 Fordham Branch    ONE EAST FORDHAM ROAD                   BRONX       NY    10468 Bronx 127765A  24522 Crosby Branch       1756 CROSBY AVENUE                   BRONX          NY    10461 Bronx 127766A  24522 Riverdale Branch   569 WEST 235TH STREET               BRONX          NY    10463 Bronx 127767A  24522 Parkchester Branch          1499 WEST AVENUE              BRONX          NY    10462 Bronx 127769A  24522 3rd Ave. and 92nd Branch          9201 THIRD AVENUE             BROOKLYN         NY    11209 Kings 127874A  24522 Williamsburgh       252 BEDFORD AVENUE                   BROOKLYN         NY    11211 Kings 127876A  24522 86th St. & 23rd Ave Branch       2301 86TH STREET                 BROOKLYN         NY    11214 Kings 127878A  24522 9th Street Branch   325 E. 9TH STREET                BROOKLYN          NY    11215 Kings 127879A  24522 Avenue U Branch  1702 AVENUE U           BROOKLYN          NY    11229 Kings 127884A  24522 Georgetown Branch         2145 RALPH AVE.                   BROOKLYN         NY    11234 Kings 127886A  24522 Flatbush & Nostrand Branch     1545 FLATBUSH AVE.            BROOKLYN         NY    11210 Kings 127889A  24522 Starret City Branch          1330 PENNSYLVANIA AVE.             BROOKLYN         NY    11239 Kings 127891A  24522 Franklin Square Branch   682 DOGWOOD AVE.              FRANKLIN SQUARE    NY    11010 Nassau         127944A  24522 Levittown Branch  3130 HEMPSTEAD TURNPIKE                  LEVITTOWN       NY    11756 Nassau         127953A  24522 Miami Beach Branch       301 ARTHUR GODFREY RD.           MIAMI BEACH    FL      33140 Miami-Dade 127746A  24522 Syosset Branch      603 JERICHO TURNPIKE                 SYOSSET   NY    11791 Nassau         127958A  24522 Tribeca Branch      110 WEST BROADWAY                   NEW YORK         NY    10013 New York    127961A  24522 Lenox Hill Branch 1340 THIRD AVE.          NEW YORK          NY    10075 New York    127968A  24522 Union Square         15 UNION SQUARE WEST              NEW YORK         NY    10003 New York    127970A  24522 95th Street & Amsterdam Avenue Branch      721 Amsterdam Avenue                 New York    NY    10025 New York    127974A  24522 Canal Street Branch         235 CANAL STREET              NEW YORK         NY    10013 New York    127975A  24522 8th Ave. & 14th Branch   80 8TH AVENUE           NEW YORK          NY    10011 New York    127978A  24522 57th Street Branch 252 West 57th Street                 New York          NY    10019 New York    127986A  24522 57th Street & Lexington Avenue          131 East 57th Street                   New York    NY    10022 New York    127988A  24522 86th St. & 3rd Branch