News: Brokerage

City of Rochester issues Request for Proposals for the sale and redevelopment of 116 West Main St.

According to mayor Robert Duffy, the city issued a Request for Proposals (RFP) for the sale and redevelopment of city-owned property located at 116 West Main St. The city is seeking proposals from qualified development teams for the redevelopment of the 1.5-acre parcel, which is currently used as a surface parking lot. This parcel represents a major real estate development opportunity along West Main St. and North Plymouth Ave., within the Inner Loop. The city intends to select a plan that increases the tax base, provides a mix of uses compatible and complementary with existing neighbors; employs construction and development methods that promote environmental sensitivity and sustainability; and includes high quality designs that improve the public realm. The deadline for submitting proposals is 4:30 p.m., Dec. 21. Proposals should be sent to: Department of Neighborhood and Business Development, 30 Church St. Room 005A, Rochester, N.Y., 14614. "The development of this prominent site is highly anticipated within the downtown community," said Duffy. "Nearby Buckingham Commons and development within the Cascade District have already created significant revitalization momentum in this area and the development of 116 W. Main St. will continue that momentum." The deadline for submitting proposals is 4:30 p.m., Monday, Dec. 21. Proposals should be sent to: Department of Neighborhood and Business Development, 30 Church St. Room 005A, Rochester, N.Y., 14614. Visit http://www.cityofrochester.gov/bidandrfp.aspx to view the RFP and associated resources on the city's website. Hardcopies of the RFP are available upon request by contacting Richard Rynski at (585) 428-6932, or by email at [email protected].
MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.