It’s tougher out there for New York City’s commercial real estate developers seeking cash for their latest projects.

Big banks are pulling back and those filling the gap are demanding tighter terms, according to Ely Razin, chief executive of CrediFi Content Co., a property-focused data provider that published its quarterly rankings of the largest commercial real estate lenders in New York on Tuesday. Deutsche Bank AG slipped from first to second place in the three months through June.

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