Macedon, NY Empire Commercial Construction, a retail-specific division of regional general contractor Taylor–The Builders, was recently awarded contract for the construction of a 3,000 s/f location for Cellular Sales of New York. Empire teamed with Syracuse-based Crissey Architectural, P.C. and Cedar Creek Management for design and construction of the new location at Cedar Creek Commons, NYS Rte. 31. Construction is underway, with expected completion by the end of this month.
“Empire is pleased to establish a relationship with the Cellular Sales and Verizon Wireless teams as they expand their footprint in Upstate New York,” said Empire president, Jayne Penepent. “We echo the same dedication to customers, as has become the corporate mission and backbone of success at Cellular Sales.”
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,