News: Owners Developers & Managers

Rochester’s Cornerstone/PathStone nears completion of senior housing development

Greece, NY Long Pond Senior Housing, an affordable supportive senior housing development being constructed off of Long Pond Rd., adjacent to Greece Baptist Church, is nearing completion.

Rochester’s Cornerstone Group, Ltd. and PathStone Corporation are development partners in this effort. The construction of these 54 one and two-bedroom units are more than 75% complete. The units will be available to residents 62 and older who qualify under certain income guidelines.

What makes this project unique is Family Service Communities will provide services to qualifying residents in a Department of Health licensed enriched living facility. Applicants who meet the criteria for the enriched housing program will receive meals, case management, weekly housekeeping and laundry service, social and recreational activities and transportation arrangements.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).