Category: Brokerage
Yonkers IDA approves incentives for mixed-use development by Erin Construction & Dev. Co.
August 20, 2019
Yonkers, NY The board of directors of the Yonkers Industrial Development Agency (IDA) gave final approval of financial incentives for the construction of nine-story, mixed-use residential and
Robert Martin Co. hosts two broker events
August 20, 2019
Yonkers, NY Robert Martin Company LLC (RMC) held a pair of broker events in June in both Westchester and Fairfield counties, sharing information about the firm’s recently-acquired
LSL Advisors closes five leases totaling 22,055 s/f
August 20, 2019
New York, NY According to LSL Advisors, the firm closed the following:
Brokers Joel Kubie and Daniel Lolai of LSL Advisors represented the tenant, MiddleGround Capital, in their
Rochester’s Cornerstone Group and Community Preservation Partners upgrade Cedarwood Towers
August 6, 2019
Rochester, NY Cedarwood Towers, located at 2052 East Main St., is undergoing a $41.2 million rehabilitation program to upgrade the 50-year-old buildings. The work of the twin 11-story towers, 206-unit facility, is two-thirds complete. The scope of work includes
Question of the Month: Are ground lease rent resets deal killers? How to structure rent resets - by ...
August 6, 2019
One of the biggest “deal killers” during ground lease negotiations circles around the issue of whether or not to include a rent reset in the ground lease. In general, rent resets are used to protect the landlord (lessor) from inflation which in turn can increase future
C2 Architecture completes $20 million Electric City; joint project between Prime Cos. & Highbridge D...
August 6, 2019
Schenectady, NY C2 Architecture celebrated the completion of the $20 million Electric City mixed-use project at a ribbon cutting attended by state and local officials and members of the business community
Marshall of O,R&L Commercial and Anninos of CBRE Syracuse broker $5.575 million sale
August 6, 2019
Syracuse, NY O,R&L Commercial, LLC sold a 134,444 s/f former Sam’s Club for $5.575 million.
The retail building on 14.2 acres is located at 2649 Erie Blvd. Phil Marshall of
Hardesty of Bouck Real Estate completes 6,000 s/f lease in Auburn
August 6, 2019
Auburn, NY According to Bouck Real Estate, Sharpshooters Laser Tag has a new home at 44 Washington St. Mike Hardesty, licensed salesperson with Bouck Real Estate, worked with
Arc Building Partners and Claremont Cos. to merge
August 6, 2019
Buffalo, NY Arc Building Partners and Claremont Cos. have entered into a strategic partnership agreement that will bolster Claremont’s construction capabilities and enable Arc Building Partners to expand
Chain Store Age magazine names Destiny USA a top retail experience
August 6, 2019
Syracuse, NY Destiny USA, one of the largest shopping, dining and entertainment destinations in the state, has been selected as one of the “Top 10 Retail Experiences of 2019” by
Empire Commercial Construction renovating and expanding Unicell Body office with ALA Architects
August 6, 2019
Henrietta, NY Empire Commercial Construction, a retail-specific/small-projects sister company of regional general contractor Taylor, The Builders, is renovating/expanding the Unicell Body office.
12 projects in Albany part of $10m Downtown Revitalization Initiative
August 6, 2019
Albany, NY Governor Andrew Cuomo announced 12 transformational projects for the city’s Clinton Sq. neighborhood as part of the $10 million Downtown Revitalization Initiative (DRI) award.
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