Friday, December 7, 2018

BB&T Eliminating Allentown Headquarters

Lehigh Valley Business.com-- While the bank said it will maintain a corporate presence in Allentown, there will be some other positions eliminated in Allentown as a result of the changes.

BB&T joins the ever growing list of those coming and going. These businesses, much like it's residents, are renters. Nearly every new property built is for renters Not ownership. No wonder so few are concerned with the city's future over the long haul.

In the 50's when Allentown was in it's heydays nearly every business owned the property they did business out of. This was most certainly the case with those who were displaced by the NIZ a few years ago. The way things are in Allentown it's more like a campground then a city. This explains why Allentown is the way it is.

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