Upstate New York

FHA 203(k) financing offers good flexibility for purchasing not so desirable properties

Since the downturn in the economy many properties for sale have remained unsold for extended periods of time. Some of these properties are u...

2011 Upstate apartment market: High occupancy and increasing income indicative of strong market

The important operating fundamentals, specifically the occupancy rate and annual percentage rent increase, of the upstate New York apartment...

Pisanelli of U.S. Realty Capital secures three loans totaling $22.7 million

The Atlantic Northeast Office of U.S. Realty Capital successfully brokered $22.7 million secured by four New York State properties. Rob Pisa...

TM Montante Development secures 44,000 s/f for Unifrax

TM Montante Development (TMM) has signed an agreement with Unifrax I LLC (Unifrax) to locate its worldwide corporate headquarters in the awa...

Hathaway and Brower of Pyramid Brokerage complete lease and sale

ADHD & Autism Physiological Services leased 3,822 s/f of office space at The Mill located at 587 Main St., New York Mills. Anthony Hathaway ...

Project of the Month: Destiny USA aims to be sixth largest mall in America, and first in green initiatives

Destiny USA, the 850,000 s/f expansion currently being developed onto Carousel Center, is achieving new heights of green business and shoppi...

CBRE | Buffalo completes leases totaling 295,450 s/f

The CBRE|Buffalo team of Steve Blake, CCIM and Lida Eberz have finalized several lease transactions throughout Western New York. Blake and E...

Question of the Month: Are downtowns ready to stay afloat? Will they be a long term rising economic ocean without subsidies?

In the early 1970s, I worked a number of jobs to support myself through college. One of the jobs was in real estate sales. At that time, the...

2011 Capital Market Place Conference at Chelsea Pier 60

New York City's Chelsea Pier 60 was the site of this year's ICSC and NAIOP sponsored Capital Market Place Conference. The conference was att...

Seider and Schechter of Pyramid Brokerage complete $1.175 million sale

Russo Development Company, under the entity Triple R Properties LLC, purchased the former Penske Trucking Facility located at 3710 Milestrip...