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This town's not big enough for two towers marked 'State Street'
By adamg on Mon, 07/24/2023 - 3:31pm
![Old State Street building](https://www.universalhub.com/files/styles/main_image/public/images/2023/stategone.jpg?itok=z76eKXgE)
Ricky D. Wright looked up this morning and noticed the "State Street" was gone from the top of the bank's former headquarters as it moves to new digs in a less angular building on Congress Street.
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A favorite Boston thing of
A favorite Boston thing of mine is the giant sign that says "State Street" is nowhere near State St
While we're at it
"SoWa" is actually east of Washington St.
Sign
And we have a giant Citgo sign with no gas station!
Transferrable sign
For years State Street and Prudential were the only two Boston skyscrapers that were allowed to put their name at the top. Both built mid 1960s, first two real high-rises in the city. After those two, the BRA wouldn't allow similar signs on other buildings. When State Street moved from Franklin St. to Lincoln St., they had to put up quite a fuss to be able to move the sign, or, rather, to substitute a new sign for the old one.
Same logic probably applies here, moving from Lincoln St. to Haymarket.
More recently, though, BRA/BPDA has been allowing other high-up signs, such as Verizon and some in the Seaport.
Up to the 1960s, many shorter buildings had bright neon signs on top, sometimes advertising the business below the sign (Citgo/Cities Service, once; or Boston Edison on Tremont), or sometimes a paid ad for someone else (White Fuel atop the Hotel Buckminster).
Yes, State Street Bank used to be on State St., until they moved to Franklin St. in 1965. State St., the street, was the banking center of New England for about 150 years.
Why is it called State Street Bank?
It's not a bank at all, as far as I know.
It used to be a bank with branches, like any other
I remember one on Boylston Street, near Copley Square, and there were a few others.
Not all banks are in consumer/retail banking services
They are definitely a bank, just not the kind with ATMs or public branches. Their clients are other banks.
Krakow
There is a large building in Krakow with the brand name
Hate Street
Is the proper name ...
so basically...
my 401-k is paying for their sign.
Correct....
They call it a 12-B-1 fee, funds deducted to be used for marketing.