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Ground Rules

The extent to which restaurants seem essential in any city is a measure of its failure to provide citizens with good places to assemble. That failure, in Manhattan’s case, may explain some of the peak-pandemic reverence for restaurants. But restaurants also show us the way. The best impact on the urban landscape of the long disruption has been the so-called streetery, with which in a rare instance of civic wisdom restaurants were able to encroach onto parking spaces. From the elaborate diorama-like versions in the West Village to the basic platforms in less would-be picturesque neighborhoods, these outdoor interventions are an answer to a question Manhattan has been asking for fifty years. ....

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Heritage Financial Announces First Quarter 2021 Results And Declares Regular Cash Dividend


Heritage Financial Announces First Quarter 2021 Results And Declares Regular Cash Dividend
Net income was $25.3 million, or $0.70 per diluted share, for the quarter ended March 31, 2021, compared to $23.9 million, or $0.66 per diluted share, for the linked-quarter ended December 31, 2020 and $12.2 million, or $0.34 per diluted share, for the quarter ended March 31, 2020.
Noninterest expense to average total assets, annualized, was 2.22% for the quarter ended March 31, 2021 compared to 2.30% for the linked-quarter ended December 31, 2020 and 2.70% for the quarter ended March 31, 2020.
Reversal of provision for credit losses was $7.2 million for the quarter ended March 31, 2021 compared to $3.1 million for the linked-quarter ended December 31, 2020 and a provision for credit loss of $7.9 million for the quarter ended March 31, 2020. ....

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