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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.
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
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.
August message from the president of NYSCAR’s Upstate chapter - by Guy Blake
August 6, 2019
NYSCAR will be soliciting committee members for 2020. If you are interested in serving on one or more of NYSCAR’s committees, please consider requesting service. If you have an interest in education, the legislative area, membership, RPAC, Technology, etc. We want to hear from
Magguilli of HUNT Real Estate ERA named to two REAL Trends lists
August 6, 2019
Rochester, NY According to HUNT Real Estate ERA, REAL Trends has named Larry Magguilli to two of its lists. With 300 transactions in 2018, Magguilli ranked #18 nationally, and #1 in New York State
Feinberg of Sutton Real Estate Co. brokers three sales: $3.425 million total
August 6, 2019
Rochester, NY According to Sutton Real Estate Co., Bart Feinberg completed three sales totaling $3.425 million.
Feinberg represented the seller, DuPont, in the sale of
Project of the Month: Broome County to move Office of Employment and Training to allow for growth
August 6, 2019
Johnson City, NY In the Spring of this year, Broome County unveiled plans to move its Office of Employment and Training and a portion of the Department of Social Services (DSS) to the former
Thanks to the power of partnerships, we get things done here in Broome County - by Jason Garnar
August 6, 2020
Broome County is a great place to live. Filled with rich history and unique experiences, there’s so much to enjoy in Broome County and our sense of community makes it a place unlike any other. Each of our 24 municipalities has something special to offer
DiMarco Group names Harff a vice president of commercial leasing
August 6, 2019
Rochester, NY According to DiMarco Group, Stephen Harff has joined as vice president of commercial leasing for DiMarco Realty Services. In his new role, Harff will oversee and coordinate the leasing of…
Bevilacqua Development nearing completion of Transit Meadows: 45,000 s/f office and retail throughou...
August 6, 2019
East Amherst, NY Bevilacqua Development L.P. is now in the final stages of its new development, the Transit Meadows, located on Transit Rd. The project cost was not disclosed. The site totals 45,000 s/f of office and retail space spread over
What affects capitalization rate behavior? - by John Rynne
August 6, 2019
Overall capitalization rates are affected by many factors. Interest rates are one of the most notable but somewhat overrated. Overall cap rates are one the most discussed terms in the real estate market. That’s because one of the keys to estimating value for income
Overview of the 2019 Upstate apartment market - by Brian Heine
August 6, 2019
Robert Morgan and four other employees of the Morgan Companies in Rochester have been arrested for submitting false information to mortgage lenders to obtain inflated financing unsettling the upstate New York apartment market. Recently one former executive has…
Bruno joins Axiom Capital as senior vice president of business development
August 6, 2019
Clifton Park, NY Pier-Luca Bruno has joined Axiom Capital Corp. as senior vice president of business development. Bruno is responsible for developing and managing existing and new client relationships
DiGennaro, Wolfe and Shtulman of STREAM Capital Partners execute $5.5 million sale
August 6, 2019
Rochester, NY STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, represented the seller in the $5.5 million sale of an industrial property leased to Cintas Corp.
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
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
Meridian Investment Sales exclusively lists four elevator apartment buildings in the Bronx and New R...
August 2, 2019
Bronx and New Rochelle, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, is exclusively offering four elevator apartment buildings for sale. The asking price is…
HKS Real Estate Advisors hires Katz and Safdeye as analysts
August 6, 2019
New York, NY HKS Real Estate Advisors has hired Dean Katz and Arthur Safdeye