News: Brokerage

Provident Bank renovates its Warwick branch; Designed by DEI

Provident Bank's branch office has a brand new look thanks to a recently completed renovation. Located at 18 Oakland Ave., the branch underwent an extensive interior remodeling with a modern design that reflects Provident Bank's branding with its distinctive logo and colors. The renovation design was handled by DEI, a national design/build company that specializes in retail banking facilities. DEI has also designed branch offices for Provident Bank in Chester, Middletown, Pine Bush, Nyack and Stony Point. The renovated Warwick branch features new private customer service areas and children's play area. The branch offers a full line of banking products for individuals and businesses. The branch also offers the convenience of 24-hour ATMs, Saturday and extended weekday hours, three drive-thru banking lanes and ample parking. Warwick is the second Provident Bank branch to undergo recent renovations. Earlier this year, Provident Bank completed an interior remodeling of its Monroe branch. "We are very pleased with the completion of renovations at our Warwick branch. The new interior design creates an environment that is attractive and welcoming for our customers as well as our employees," said Richard Jones, executive VP, Business Services of Provident Bank.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

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

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

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.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced