Upstate New York

Magguilli of HUNT Real Estate ERA named to two REAL Trends lists

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

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

Thanks to the power of partnerships, we get things done here in Broome County - by Jason Garnar

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

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…

What affects capitalization rate behavior? - by John Rynne

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

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

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

Project of the Month: Broome County to move
Office of Employment and Training to allow for growth

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

SWBR celebrates 50 years

Rochester, NY SWBR hosted a special 50th anniversary celebration for its employees, clients, local dignitaries, business leaders, friends an...

Bevilacqua Development nearing completion of Transit Meadows:
45,000 s/f office and retail throughout five buildings

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