Albany, NY We hope you will consider serving on a NYSCAR committee in 2024. Please watch your email for information relative to committee service. Don’t sit on the sidelines – get involved and help shape
Albany, NY After more than a decade with Capitalize Albany, Sarah Reginelli, the corporation’s president, and CEO of the city of Albany Industrial Development Agency and Capital Resource Corp.
Victor, NY Morgan Properties, one of the largest multifamily owners and operators in New York state, is relocating its local corporate office to 211 High Point Dr. The office encompasses close to 17,000 s/f and accommodates up to 80 employees. Its design includes an outdoor terrace,
Tonawanda, NY According to Empire State Development (ESD), Retech Systems LLC, which makes high-tech titanium melting furnaces for contractors in the aerospace, defense, and medical industries, will be expanding. The company, which has been in operation for more than a half century, has outgrown its headquarters on Northland Ave.
Washington, DC While the massive interest rate hikes have hammered the commercial real estate market, the recent Federal Reserve decision to hold rates unchanged will give the market a break. After 11 collective rate hikes in the last 18 months, commercial real estate credit has gotten even tighter
Kingston, NY The Kingston City Land Bank (KCLB), the Community Preservation Corp. (CPC), and partners are the first organizations in the state anticipated to close on affordable home sales under the New York State Legacy Cities ACCESS Program. This is also the KCLB’s first development partnership
Washington, DC The unprecedented surge in delivered units has amplified the available space within the multifamily sector. Over the last 12 months leading up to August, there has been a notable 32% upswing in units delivered to the market compared to the previous year. Consequently,
The board of governors of the New York State Commercial Assoc. of Realtors met at the Turning Stone Resort and Casino in Verona, on October 2, 2023. Committee reports and chapter reports were given and officers and governors were elected as follows: President, Robert Strell, WNY; first vice president, Mercedes Brien,
Buffalo, NY McGuire Development Co. welcomes three new additions to its tenant community. Empire Merchants (27,813 s/f) and General Insulation Co. (18,830 s/f) have leased space at the 490,853 s/f The Concourse Center at 4039 Genesee St. while SparkCharge (39,100 s/f) is relocating to the 117,100 s/f 425 Cayuga Rd.
Syracuse, NY Cushman & Wakefield/Pyramid Brokerage Company has negotiated nine CRE sales. • Joyce Mawhinney MacKnight from Cushman & Wakefield/Pyramid Brokerage Co. sold a 14,222 s/f church building on 14.11 acres at 5833 E. Seneca
