Last Sunday I posted that the space formerly occupied by Posh on Tremont, would soon be home to Cambridge Savings Bank. That was my mistake, the bank is actually Cambridge Trust Company.
My original post sparked a lot of conversation with many echoing my sentiments so I’m going to go one step further knowing I’ll draw a lot of heat. I blame this scenario playing out in many of Boston’s neighborhoods squarely on the shoulders of local neighborhood associations.
These groups, supported by the City of Boston’s double standard for businesses catering to an evening crowd (e.g. restaurants, bars, entertainment venues), seem to quickly approve a bank, real estate office or any other local business that close shop by 7PM. I understand their oversight has contributed to much of what is good about living in downtown Boston, but these groups alongside the city and BRA seem more often a bully rather than a buddy.
I’m certain if Posh was being replaced by a club, bar, restaurant, market, or any other business that provides the neighborhood with options to enjoy in the evening it would have received so much attention that my post would never have been news to anyone.

To be fair, I think any business, including a bank, is better than an empty store front. But I wholeheartedly agree, the South End doesnt need another bank – especially next door to a Bank of America. Certainly a great store or market would suit the neighborhood.
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You hit the nail right on the head! We don’t need more banks! Who the hell walks into a bank these days anyway? This could have been another great shop, market or bar. The area is busy already
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