M&T Bank today announced its expansion in New York City with a 2,484-square-foot lease at 2976 Third Avenue in the Melrose neighborhood of the Bronx. The bank signed a 20-year lease, highlighting its commitment to serving Bronx residents.
“We are thrilled to bring another branch to the Bronx,” said Blair Ridder, NYC Regional President of M&T Bank. “Along with continuing to help our customers achieve their financial goals, we are deeply committed to making meaningful investments in the people and neighborhoods we serve. We look forward to partnering with local organizations, supporting small businesses, and expanding access to financial services that empower and strengthen the community.”
2976 Third Avenue is home to The Jacqueline, a new,15-floor mixed-use development by ACHS Management featuring ground-level retail space and 69 residential units. The building is conveniently located just blocks from the 2 and 5 trains in a central hub for Bronx retail. M&T will join a variety of other national brands operating in the area, including Burlington, Marshalls, and Aldi.
Peter Braus and Steve Lorenzo from Lee & Associates NYC represented M&T Bank. The landlord, 2980 Third Avenue Holdings (ACHS Management), was represented by Scott Cher and Daniel D. Pasquale of Katz & Associates.
M&T Bank’s strong presence in New York City is supported by its 19 branches across the five boroughs. In addition, through charitable grants, sponsorships and volunteer engagements across the city, M&T Bank has made a total community impact of over $3.3 million dollars in 2024.
About M&T Bank
M&T is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T’s Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.
