News: Brokerage

Oster of Rochester's Cornerstone: Successful projects

The NYREJ recently sat down with Carol Oster of Rochester's Cornerstone Group, Ltd., for a question and answer session. Q: What has been your companies' biggest challenge so far this year? A: Limited Federal Tax Credit resources and falling area median incomes. Q: What has been your companies' greatest accomplishment? A: Completing successful affordable rental housing projects throughout Monroe County - most recently, Rockwood Center at Brentland Woods in Henrietta, Monarch Senior Living in Webster and El Camino Estates Phase II in the city of Rochester. Q: What are you and your firm looking forward to in 2014? A: Constructing and preserving 300+ units of affordable and market rate rental housing. Q: What can your company offer our readers? A: Rochester's Cornerstone Group can provide development services for market rate and affordable rental housing, including redevelopment and preservation of existing housing stock. Carol Oster is vice president, development services of Rochester's Cornerstone Group, Ltd., Rochester, N.Y.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.