Bank of America Closes its Doors in Little Silver

There's one less place to do your banking in with the closing of the borough's branch last week.

The bank closed its doors for good on Friday and whether or not another banking institution will move in or perhaps a different category of renter is still up in the air, according to Ben Lucarelli, principal for JPL Realty Management in Red Bank, which owns the property.

"We've got lots of interested parties," Lucarelli told Patch on Monday.

The bank, which has been in that location since 2004, elected not to renew its lease due to "evolving customer demand," a spokesperson for Bank of America . "The location was not generating enough traffic," he said

Right around the bend, tucked into the corner of the plaza by the , sits another vacant storefront, which was most recently a pizza parlor.

Lucarelli said he had two interested parties in that property and hoped to have somebody moved into it by August.

In the meantime, is about to open its doors next week in the location that was the long time home of the children's clothing store The Peppermint Tree.