Upstate New York

Northwell Health finances $202.3 million through DASNY

Albany, NY According to The Dormitory Authority of the State of New York, (DASNY) Northwell Health Obligated Group issued more than $202.3 million in tax-exempt bonds through DASNY. Bond proceeds from the

C2 Design Group celebrates new offices with ribbon cutting/open house

Schenectady, NY C2 Design Group held a ribbon cutting and open house at their new office located at 24 Airport Rd., October 24th.  The ribbon cutting was attended by the Capital Region Chamber, senator

December message from the president of NYSCAR’s Upstate chapter - by Guy Blake

On October 23rd, 2019, governor Cuomo signed into law a NYSAR supported amendment to Real Property Law §441(3)(a). The amendment accomplishes two things, eliminating the exemption or “grandfathering” of

Collaboration is the key to the greatest benefit in your cost segregation study - Part 2 of 4 - by Christie Ellis

I was waiting on my coffee order this past weekend, thinking about how to communicate the key, most important, do or die issue at stake in order to receive a great cost segregation study when the perfect metaphor presented

Conifer Realty begins $118m rehab of Southeast Towers; Landsman Dev. completes $25m in upgrades to E.L. Tower

Rochester, NY Governor Andrew Cuomo celebrated the preservation of two affordable housing developments: The start of a $118 million rehabilitation of Southeast Towers and the completion of a $25 million rehabilitation of E.L. Tower. Work on the two

Construction begins on $22.8 million Westminster Commons; Buffalo Federation of Neighborhood Centers is developer

Buffalo, NY Construction on Westminster Commons, a $22.8 million housing and healthcare development for older adults, has begun. The project will include a newly constructed building with affordable and supportive

Empire Commercial Construction builds out 2,000 s/f Forno Di Laura with Greater Living Architecture

Penfield, NY Empire Commercial Construction was awarded the contract for construction of the new Forno Di Laura, a pizzeria and bakery build-out. Empire teamed with Greater Living Architecture for design and construction of the

Community Bank System to acquire Steuben Trust Corp.

Syracuse, NY Community Bank System, Inc. and Steuben Trust Corp. have entered into a definitive agreement pursuant to which Community Bank System will acquire Steuben Trust Corp., parent company of Steuben Trust Co.,

People Inc. hold ribbon cutting for Linwood Lafayette Senior Apts.

Buffalo, NY According to People Inc., Linwood Lafayette Senior Apartments, a new $11.6 million affordable housing development with 37 apartments, has been completed. The development will also include support

November message from the president of NYSCAR’s Upstate chapter - by Guy Blake

NYSCAR held their annual meeting on September 24th, 2019 at the Turning Stone Resort and Casino in Verona.  Several members attended the NYSAR Commercial Issues Working Group meeting which was held just prior to the annual meeting. Many legislative topics were covered including