"The city seen from the Queensboro Bridge is always the city seen for the first time, in its first wild promise of all the mystery and beauty in the world." F. Scott Fitzgerald
Like most of the country, the city of New York is enjoying a housing recovery driven by low rates and a tick up in economic activity. This recovery is good news for New York City's banking industry, specifically for small banks like Dime Community Bancshares (NASDAQ:DCOM), the parent company for Dime Savings Bank of Williamsburg.
The bank operates 26 branches across Brooklyn, Queens, the Bronx and Nassau Counties. In those communities, the bank is singularly focused on attracting low cost deposits to fuel multifamily loans....
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