News: Brokerage

NYS, City of Rochester and PAETEC Holdings unveil plans for the nine-acre Midtown Plaza redevelopment project

The Midtown Rising project partners, NYS, the city and PAETEC Holdings, Inc. unveiled the development plans for the nine-acre Midtown site in the core of the downtown area. The plans were unveiled at an event hosted by the Rochester Downtown Development Corp. (RDDC) as part of their Repositioning Rochester series. In accordance with the State Environmental Quality Review Act (SEQR), the development plans were released in conjunction with a Draft Generic Environmental Impact Statement (DGEIS), a document describing and analyzing redevelopment alternatives and impacts for the site. Primarily an environmental review document, the DGEIS provides a fair summary of the development plan, including work that has been completed to date, underlying project goals, considerations and constraints, including various market conditions needing to be accommodated. The environmental review process provides an opportunity for comments from the public. The 40-day period for public review and comment will conclude on Friday, December 19. In addition, the City Environmental Commission will conduct a public hearing on December 2. Comments received within this 40-day period will be considered and responded to in the Final Environmental Impact Statement (EIS) anticipated for release in early February. "This is a genuine public-private collaboration that will benefit our city for generations to come," said mayor Robert Duffy. "It is extremely gratifying to witness the potential redevelopment alternatives come to life and we are hopeful that the public is as energized as we are to participate in a dynamic process that will make historic improvements to Rochester's Main St." The DGEIS is available for review on the Midtown Rising Web site at www.MidtownRochesterRising.com. Comments on the DGEIS can be submitted via e-mail to: [email protected].
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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.
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
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing