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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.

Featured on CNBC: Here are five lessons that entrepreneurs can apply to their businesses, post-PPP

As we are trying to reopen our businesses, here are five lessons that our CEO Wendy Cai-Lee shared with CNBC for entrepreneurs to consider for their businesses post-PPP. “Aside from stress-testing themselves, entrepreneurs should understand the impact of their constituents,” said Wendy Cai-Lee, CEO of Piermont Bank. Read more on how it pays to have a local banking relationship, know a CPA and maintain a bank account for your business:

Deals: Rynarzewski and Gladstone of Piermont Bank place $8 million for Nassi of Buchanan Development

Craig Nassi of Buchanan Development LLC has closed on $8 million in financing for 65 Buchanan Pl. The financing was placed by Robert Rynarzewski and Andrew Gladstone of Piermont Bank. The subject is a newly developed class-A multifamily property containing 25 residential units, and three commercial spaces. The seven-story property also has 12 parking spaces.