Upstate New York

Downtown Albany BID receives Award of Distinction from the International Downtown Association

The Downtown Albany Business Improvement District (BID) received an Award of Distinction from The International Downtown Association (IDA). ...

John and Ann MacAffer of CBRE/Albany sell 22,646 s/f building for $1.34 million

CB Richard Ellis/Albany has completed the sale of 430 New Karner Rd. John MacAffer and Ann MacAffer, CCIM of CB Richard Ellis/Albany represe...

NAI Friedland Realty completes two industrial leases totaling 24,345 s/f

According to NAI Friedland Realty, its industrial division closed on two leases totaling 27,345 s/f . The deals include: * A 24,300 s/f lea...

Finding new ways to finance real estate development: The challenges that we face

As everyone in commercial real estate development is aware, the financing world has changed dramatically over the past two years. The variou...

Succession planning can protect business value

If you own a small business, part of your job is to make sure that all of the company's employees and vendors are paid on time. But what abo...

Vogel of Largo finances $11.9m first mortgage for Eastview Plaza

Stephanie Vogel, COO of the Largo Group of Companies arranged an $11.9 million permanent first mortgage to refinance Eastview Plaza shopping...

M+W Zander named general contractor of $4.2 billion Fab 2 project

The international engineering company M+W Zander has been awarded a contract for approximately $817 million from GlobalFoundries, to enginee...

Buffalo Planning Board approves developer Croce's $19 million, 57-room hotel project

The Buffalo Planning Board has approved the plan of local developer, Mark Croce, to construct a $19 million hotel at the Curtiss Building lo...

Gallina Development Corp. builds the 140-acre, multi-use Elmgrove Crossings Business Park in Gates

In the late 1990s, the greater Rochester area was abuzz over the closing of Eastman Kodak Co.'s facility, a 5.1 million s/f industrial compl...

Bruns of JF Real Estate brokers a 24,435 s/f lease

Dylan Bruns of JF Real Estate, representing the landlord Hiawatha Plaza LandDevelopment Co., has completed a ten-year lease deal between The...