Upstate New York

Vogel of Largo Capital arranges first mortgage for 473 unit self-storage facility

Buffalo, NY Stephanie Vogel, COO of Largo Capital, secured a permanent first mortgage to refinance the existing debt and closing costs for an established self-storage property within Buffalo’s metropolitan statistical areas.

Study outlines role of manufactured homes in NYS housing crisis

Albany, NY More than 20 million Americans live in manufactured housing, according to the U.S. Census Bureau. That’s more than in public housing and federally subsidized rental housing combined.

Tudor Collins brokers two sales - 15,256 s/f

Cheektowaga, NY Patricia Collins, broker/owner of Tudor Collins Commercial Real Estate brokered two sale transactions totaling over $860,000. 3620 Harlem Rd. (Cardinal Building) was sold for $647,500. The seller was Shaw Partners and the buyer

Upstate NY Chapter of Appraisal Institute to hold CE courses in October, November and December

Utica, NY The Upstate New York Chapter of the Appraisal Institute has had an active education calendar for real estate appraisers again in 2023 for continuing education (CE) with upcoming seminars in October, November and December.

NYSCAR upcoming professional development classes via Zoom

Education is everything! We are pleased to offer the following classes free of charge to NYSCAR members. • August 17-18, Working with Office, Retail and Industrial Bldgs., Leases and Green Concepts, (7.5 hours) Edward S. Smith, Jr.

Rockabill Development and Johnson Park Center start construction on $28m affordable/supportive housing at Johnson Park Green Community Apartments

Utica, NY Rockabill Development and Johnson Park Center (JPC) said that construction is underway at Johnson Park Green Community Apartments, a $28 million climate-friendly development that will create 62 energy-efficient and affordable homes — including 31 with supportive services

Perlman of Largo Capital arranges $2.8 million in construction financing

Orchard Park, NY Ned Perlman, vice president of originations at Largo Capital, has arranged $2.8 million in construction financing for the development of an office property. The project consists of the ground-up construction of a two-story, 12,000 s/f commercial

June 2023 message from the president of NYSCAR - by Robert Strell

We are preparing to attend the 21st Annual Conference which is being held June 14-16, 2023 at the Turning Stone Resort and Casino in Verona, sponsored by the NYS Commercial Association of Realtors, Upstate New York Chapter of CCIM and the Society of Exchange

2023 Buffalo apartment market - by Brian Heine

The New York State government continues to legislate drastic changes to the way the private sector operates, especially the real estate industry. Governor Hochul’s proposed New York Housing Compact housing plan is aimed at producing 800,000 affordable housing units

Leadership Alliance and other community partners awards $750,000 in childcare funding

Binghamton, NY Leadership Alliance CEO, Stacey Duncan, stood alongside community partners from the Urban League and the United Way of Broome County to award $750,000 in congressionally directed spending secured by senator Chuck Schumer for the Broome County