The global pandemic and economic crisis continue to take hold of New York. While the market is filled with uncertainties, one thing we know for sure is the low-interest rate environment will continue, as the Fed recently announced it plans to keep interest rate near zero through 2023. Now commercial real estate owners are facing […]
Author: piermontadmin
The New York City office may be in limbo, but dead? Fuhgeddaboudit
NY office market is not dead, but ever-changing and evolving. “There are a lot of developers who are very hungry to find distressed real estate,” said Robert Rynarzewski, Head of CRE at Piermont Bank to Market Watch.
Remote Leadership and the Power of Partnerships: Finding the Upside in a Pandemic
While we continue to hurdle the obstacles handed to us by this crisis, it is remarkable to watch certain leaders tackling new challenges and discovering hidden opportunities in the process. Read the “Lonely CEO” Column.
Podcast: Healing ‘Pain Points’ for Multigenerational Family Businesses
On the latest episode of the ABA Banking Journal Podcast, our CEO Wendy Cai-Lee discusses with Evan Sparks and Monica C. Meinert at ABA Banking Journal on how Piermont Bank is built to heal “pain points” for multigenerational family businesses.