News: Brokerage

Rochester NYSCAR holds annual president’s dinner & awards banquet

Rochester Area Chapter of NYSCAR Board of Directors

Rochester, NY The Rochester Area Chapter of the New York State Commercial Association of Realtors (RAC NYSCAR) held its 17th annual 2017 president’s dinner and awards banquet at the Hyatt Regency Rochester. Almost 80 RAC NYSCAR members and guests celebrated the finest in the commercial real estate community this year.

Event sponsors were: CBRE|Rochester, CoStar Group, FSB Realty Services, Harris Beach, Passero Associates, Spectrum Business, SVN|Realty Performance Advisors and The Rose Hill Group of WNY Ltd. 

Gary Passero of Passero Associates was honored with the Allan Moore Lifetime Achievement Award for his exemplary achievements, personal commitment, dedication and performance in the commercial real estate industry in the Rochester community. 

The Commercial Realtor the Year award went to Terrance Bromley of FSB Realty Services, for having demonstrated excellence in the commercial real estate profession. 

Joseph Rowley, Jr., and Joseph Rowley III, both of SVN|Realty Performance Advisors, received the Deal of the Year-Sale award. The Deal of the Year-Lease award went to Courtney Janto of Buckingham Properties and Jaymes Keenan of CBRE|Rochester.   

Both Steve Conger from Spectrum Business and John Rynne received Meritorious Service awards. The Best New Talent award went to Alex Amorese from CBRE|Rochester.  Geoffrey Cook from Taylor-The Builders was the recipient of the first-ever Affiliate of the Year award.  Geoff was unable to attend, Jillian Coffey accepted on his behalf.   

The RAC NYSCAR Broker membership voted in two new 2018 board directors, Kevin Bromley from FSB Realty Services, and Eric Whitlock from HUNT Commercial Real Estate. RAC NYSCAR said good bye and a big thank you to two of their long-standing board members, John Rynne, MAI, of Rynne, Murphy & Associates and Mercedes Brien of Mission Commercial Realty, LLC.

The chapter is looking forward to their forthcoming Calendar of Events for 2018, beginning with a Kick-Off on Thursday, January 18, 2018, with our keynote speaker, Rochester mayor Lovely Warren, with a special presentation by Eric Van Dusen, senior economic development specialist at the city of Rochester. 

Our event location is to be announced.  Guests are always welcomed to attend our events. For more information on attending any event, please email [email protected]

The Rochester Area Chapter of NYSCAR is a group of approximately 130 commercial real estate Broker and Affiliate members dedicated to promoting the interests of Commercial Real Estate professionals in the Rochester Region. The jurisdiction of the Rochester Area Chapter is the geographic area of Monroe, Wayne, Ontario, Livingston, Steuben, Yates, Seneca, and Eastern Orleans (east of Route 98) counties.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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