News: Brokerage

Dedication ceremony held for Angelo A. Costana Community Ctr.

The new Community Center at Fernwood Park, 65 Waring Rd., held a dedication ceremony on November 6. The Community Center, is named in honor of Angelo Costanza, former chairman of the board of Rochester Management, Inc. and Rochester Civic Housing, the sponsor of the redevelopment of Fernwood Park. Costanza, a long-time city leader, former chair of Central Trust Bank, served as the chair of Rochester Management, Inc. and Rochester Civic Housing from 1981 to 2002. During his tenure as board chair, Rochester Management sponsored Lifetimes at Plymouth Gardens, an adult Day Care Center, in conjunction with the Fairport Baptist Home and St. Mary's Hospital, and embarked upon major improvements at Seneca Towers and the Rochester Civic Housing "Veterans" projects among other things. The new Community Center at Fernwood Park is part of the $26 million renovation of the Rochester Civic Housing properties, Fernwood Park, Ramona Park and Norton Village, built as part of the "Rochester Plan," between 1946 and 1949 to house returning World War II Veterans. The properties are undergoing renovation and modernization. The 2,300 s/f Angelo A. Costanza Community Center at Fernwood Park will provide community space for resident celebrations and community gatherings. The project management office is also located within the community center. Fernwood Park is a 152-unit project, the first of the "Rochester Plan" projects to be completed in 1947. The current renovation includes new roofs, windows, furnaces, electrical service to each apartment, full kitchen and bath remodeling, new playgrounds, and landscaping. All of the apartments consist two bedrooms.
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
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
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
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.