News: Brokerage

Passero’s Chipotle/Starbucks building honored by Irondequoit Chamber of Commerce

1495 East Ridge Road - Irondequoit, NY 1495 East Ridge Road - Irondequoit, NY
Irondequoit, NY The Irondequoit Chamber of Commerce is recognizing the Chipotle/Starbucks building at 1495 East Ridge Rd. as Best Re-Purposed Building for 2015, as part of its annual Person of the Year and Beautification awards. The dynamic redevelopment of the building now housing the new Chipotle/Starbucks store is part of the re-design of the Marshall’s anchor and Ridge Goodman Plaza. Passero Associates is working with some of Rochester’s largest real estate development firms in transforming their plazas into new modern facilities. Passero Associates works with the owner to design a concept for the exterior façade that re-brands the image of the 1980s strip mall center into a contemporary retail center without any reconfiguration, solely through the means of façade and site/landscaping improvements.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

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
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

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

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

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,