Endeavor Real Estate brokers sale of Country Manor Apartments

Webster, NY Country Manor Apartments, a 328 unit garden style apartment community, sold on August 11^th. The seller, PH Realty Capital, is a private equity real estate company. The purchaser, Morgan Properties, is the third-largest owner of apartment

Empire Commercial Construction and Tedrow Design Group building 905 s/f Cinnaholic store at Pittsford Plaza

Pittsford, NY Empire Commercial Construction is well underway with the construction contract for Cinnaholic. Empire partnered with local franchisee, ABKI Corp., as well as Tedrow Design Group, for all design and development of the 905 s/f space located within Pittsford

State awards $500,000 grant for critical power and wastewater infrastructure studies in Broome County

Union, NY The Broome County Industrial Development Agency (BCIDA) has been awarded a $500,000 grant through Empire State Development’s Focused Attraction of Shovel-Ready Tracts (FAST) NY program to launch a comprehensive study of power and wastewater

NYSCAR Sept. president’s message: Annual meeting September 15 - by Robert Strell

NYSCAR will hold their Annual Meeting on September 15, 2025 at Turning Stone Resort and Casino, Verona. Updates will be given from the various committees and also chapter reports from NYSCAR’s seven chapters throughout the state.

Phillips of Largo Real Estate closes $4.04 million first mortgage

Hamburg, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $4.04 million permanent first mortgage refinance for a multi-tenant medical office building. Originally developed in 2007, the building has maintained 100% occupancy and is home to prominent medical tenants.

CBRE sells 183,397 s/f Avenue Plaza and
Watkins Glen and Montour Falls portfolio

New Hartford, NY Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s national retail partners represented Goodrich Management in the sale of Avenue Plaza. The team also procured the buyer, PropUp Group. The property totals 183,397 s/f, is anchored by At Home and includes a mix of national

AHR Development, CPC and local officials celebrate ribbon cutting for three affordable homes

Buffalo, NY Amun Ra, CEO of AHR Development, was joined by The Community Preservation Corp. (CPC) and local officials to celebrate the completed gut rehabilitation of three properties on Riley St. and Florida St. within the Hamlin Park and Cold Spring communities.

Adirondack Capital Partners arranges sale of
McGregor Village Apartments for $30.75 million

Wilton, NY Adirondack Capital Partners (ACP) sold McGregor Village Apartments, a 212-unit multifamily community located at 1 Mountain Ledge Dr. The property was acquired by Elar Group from Bruce Tanski Construction for a purchase price of $30.75 million.

IKEA leases 88,500 s/f at Destiny USA

Syracuse, NY IKEA, the Swedish retailer, will open its very first location in Central and Upstate New York at Destiny USA! Shoppers will soon have access to one of the most sought-after retail brands. IKEA decided to choose Destiny USA because of the center’s

NYSCAR August president’s message: Annual meeting on Sept. 15

NYSCAR will hold their annual meeting on September 15, 2025 at Turning Stone Resort and Casino in Verona. Updates will be given from the various committees and also chapter reports from NYSCAR’s seven chapters throughout the state.