News:
Brokerage
Posted: July 11, 2023
Empire Commercial completes 1,800 s/f 95 Nutrition location
Rochester, NY Empire Commercial Construction, a retail-focused division of Taylor-The Builders, completed the construction contract for 95 Nutrition located at 1250 University Ave. In partnership with architect Jay F. Meyers, Empire renovated the 1,800 s/f, previously occupied by AT&T.
“By completing the build-out for their second Rochester location just this year (Henrietta), Empire is proud to continue a relationship with the owners of 95 Nutrition,” said Empire president, Jayne Penepent. “This home-grown company continues its impressive growth, helping our community eat better through portion-controlled meals.”
Early this year, Empire completed the 1,600 s/f build-out for 95 Nutrition’s Henrietta location, within the Market Commons Plaza, and next to Abbott’s Frozen Custard, at 100 Marketplace Dr. More locations are planned for Rochester.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Quick Hits
Columns and Thought Leadership
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,
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
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,
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
