There are several trademark buildings that unify New York — the limestone Carnegie Libraries, the Robert Moses park structures associated with the 1930’s, the red-brick firehouses associated with 1880’s.
Another group, the gem-like branches associated with Provident Loan Society, utilized to dot nyc communities but have now been dwindling going back three decades. Now another one, the tiny branch at 153 East 60th Street, has closed but will not vanish totally being an architect/restaurateur transforms it as a palace of Indian food.
Philanthropists whom sought to offer a substitute for pawn that is private for folks of modest means founded the Provident Loan Society in 1894. A board of prominent New Yorkers raised $100,000 to capitalize the business, which first operated out from the United Charities Building at 22d Street and what exactly is now Park Avenue South.
Provident lent its initial money in the 1st four months to candidates whom, upon the pledge of precious jewelry, silver or other valuables, could get cash that is instant rates of interest not as much as those commercial pawnbrokers charged.