Upstate New York

Redburn Development to invest $78 million for renovation and rehab of seven Albany buildings

Albany, NY Redburn Development Partners will invest $78 million to transform seven properties in the downtown area. The transformative project involves the renovation and rehabilitation of seven outdated and neglected properties, representing more than 450,000 s/f.

Byrne Dairy breaks ground on Ultra Dairy plant expansion

Dewitt, NY Governor Andrew Cuomo celebrated the groundbreaking of Byrne Dairy’s Ultra Dairy plant $24 million expansion—the first phase of the company’s $125 million plan to expand and create nearly 250 jobs in Onondaga County. The initial phase will create 30 new jobs and includes a 42,000 s/f expansion that will allow the plant to increase its packaging capability as well as add additional processing capacity and storage space.

Construction commences for $20.5 million Canal Plaza

Binghamton, NY Construction on the $20.5 million Canal Plaza, an affordable housing development that will deliver 48 apartments and new commercial space to North Side has commenced. The new construction project will transform and revitalize land that is currently a Brownfield…

Massachusetts Ave. Project unveils new Farmhouse & Community Food Training Center in Buffalo

Buffalo, NY According to governor Andrew  Cuomo, the Massachusetts Avenue Project (MAP) has unveiled its new Farmhouse & Community Food Training Center. Located at 387 Massachusetts Ave., this new $2.4 million facility will be a hub for community residents to access food and agriculture-based education and resources, create new markets for local growers, increase healthy food access for thousands of residents and provide jobs and leadership training for future community youth leaders.

Rochester’s Cornerstone Group begins construction on Milton Meadows

Lansing, NY Construction has started on a new $17.3 million housing development that includes 71 affordable apartments in Tompkins County. M...

Rochester Precision Optics to expand headquarters, add over 200 jobs

Henrietta, NY According to governor Andrew Cuomo, Rochester Precision Optics will expand its headquarters, adding over 200 new jobs to the r...

DiMarco Group appoints Fasoldt as firm’s new chief financial officer

Rochester, NY According to the DiMarco Group, a leading full-service development company, they have appointed Jeff Fasoldt as chief financial officer. He brings to the position nearly 30 years of professional experience.  Fasoldt joins DiMarco from Annese, a technology solutions integrator with operations throughout New York State, where he served as CFO since 2015.

Albany IDA supports Loughlin Dawn LLC for 252-unit project

Albany, NY An assemblage of property at the intersection of Sandidge Way (formerly Loughlin St.) and Fuller Rd. totaling 6.49 acres will be the site for construction of seven residential apartment buildings containing a total of 252 apartment units.

A message from the president of NYSCAR’s Upstate chaper - by Guy Blake

The NYS Commercial Association of Realtors Board of Governors will meet on February 13, 2019 at 10:00 a.m. at the Desmond Hotel and Conference Center in Albany. We look forward to kicking off 2019 with a productive meeting with committee and chapter reports. This meeting is scheduled in conjunction with the New York State Association of Realtors Business Meetings which will be held February 10 – 14, 2019.

Project of the Month: TAYLOR partners with NH Architecture in 316,000 s/f warehouse/office for C&M Forwarding

Chili, NY TAYLOR, a leading regional commercial general contractor, was awarded the contract for new construction of C&M Forwarding. TAYLOR is partnering with NH Architecture on the design and construction of the 316,000 s/f warehouse and office building at 3457 Union St. Construction work is underway, with a project completion date slated for August, 2019.