News: Brokerage

Empire begins construction at new Wegmans Perinton Plaza location

Fairport, NY Empire Commercial Construction, a retail-specific company of regional general contractor Taylor–The Builders, was awarded the contract for build-out of the new Supercuts location. Empire is under contract with the local franchisee while teaming with the landlord, Wegmans Real Estate, and architect, The Dimension Group, for design and construction of the 943 s/f salon space relocating from Courtney Commons to 581 Moseley Rd., Suite 4 in Weg-mans Perinton Plaza. Preliminary work is underway, with overall completion expected by mid-March.

“We are proud to continue our relationship with Wegmans Real Estate, and help deliver a new space for a national, but locally owned, tenant in Supercuts,” said Empire president, Jayne Penepent. “Supercuts offers consistency, quality, and attention-to-detail – Empire operates equivalent to that very belief.”

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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
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,

Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent