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

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.

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Question of the Month: What amenity pays for itself in today’s multifamily market? - by Nick Esteves

Columns and Thought Leadership

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

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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