Upstate New York

CIREB's annual golf outing and fundraiser held at Wolferts Roost C.C.

CIREB's annual golf outing and fundraiser was held in June at Wolferts Roost Country Club. 112 members and guests enjoyed a beautiful first ...

IKON Realty Group, LLC completes lease and sales transactions totaling more than 51,686 s/f

According to IKON Realty Group, LLC of Albany, the company has acquired and relocated its new corporate offices at 1828 Western Ave. IKON Re...

Project of the Month: Omni Housing Development LLC completes rehabilitation of 81-unit Van Rensselear Village

Originally constructed in 1972, the project had been developed and financed under the HUD 236 and NYS Mitchell-Lama programs. The original c...

Cornerstone Group to renovate 104-unit Fairport Apartments

The Fairport Apartments, originally developed by Perinton Churches Housing and the Fairport Baptist Home in 1972, are located at 1030 East W...

Snyder joins Tetra Tech Architects & Engineers

According to Tetra Tech Architects & Engineers, Gavin Snyder has joined the company as a senior project manager. Snyder brings over 16 years...

John Rynne - Estimating net operating income and cap rates can be similar to calling balls and strikes

The most prevalent income approach method is direct capitalization which is based upon the premise that Value=Net Operating Income divided b...

Brian Heine - 2011 Buffalo area apartment market commentary: Focusing on smaller properties

Total sales in the Buffalo market declined for the third straight year; the number of apartments sold in Erie and Niagara Counties fell 19% ...

Allpro Parking begins operations at Ithaca Tompkins Regional Airport

Allpro Parking, LLC recently began operation and management of the public parking facilities at Ithaca Tompkins Regional Airport located at ...

CPC marks 15th anniversary with commitment to providing financing for affordable multifamily projects

Over the past 15 years, The Community Preservation Corporation (CPC) has been strengthening Buffalo neighborhoods by providing loans for aff...

Ciminelli begins work on $12.5 million renovation of 105,000 s/f Bethune Lofts

Ciminelli Real Estate Corporation has purchased the historic Buffalo Meter Company building located at 2917 Main St. Completion of the trans...