News: Brokerage

Provident Bank opens 4,000 s/f Nyack Branch

Provident Bank's 4,000 s/f area branch, located at 24 North Highland Ave., is open for business. This branch offers residents a scope of services and is the bank's first branch in the town. "We're very excited to have the opportunity to enter such a diverse, sophisticated and unique community," said George Strayton,president and CEO of Provident Bank. "Nyack is one of the most important villages in Rockland County, and a terrific place to live and do business. Its charm and sophistication continues to attract new businesses, residents and tourists alike. We are proud to be able to serve the growing population and to expand and strengthen our customer relationships. This new branch reinforces our commitment to delivering top-tier customer service at every touch point and to helping the Nyack community continue to flourish and grow." The state-of-the-art branch provides a professional, convenient and welcoming environment for customers to do their banking and wealth management planning. The new branch also offers customers a variety of conveniences including a parking lot, two drive-thru banking lanes to accommodate peak traffic and access to 24-hour vestibule and drive-up ATMs. Additionally, the branch features plush seating, a coffee station and a kids center with TV, as well as extended service hours and seven-day banking.
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REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
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Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

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A fresh start - by Shallini Mehra and Amit Doshi

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