Upstate New York

Multifamily real estate in secondary markets in upstate New York posed to do particularly well

Fueled by lucrative loan origination fees and the fees associated with the securitization of such debt, poor lending practices in the subpri...

Room to move: Passero to provide civil and site engineering for new firehouse in Churchville

The Churchville Volunteer Fire Department and ambulance corps will soon have a new, modern facility from which to perform their vital servic...

Ando and Nasello of East Coast Comm'l. arrange a total of $6.6m in financing for eight properties

Chris Ando and Carl Nasello of East Coast Commercial teamed up to close $6.6 million in commercial real estate financing on eight properties...

Structural engineers can be green: Five strategies to impact the sustainability of a building project

Often overlooked, the structure and foundations of a building have a significant impact on the sustainability of a building project - especi...

Old World Provisions opens 200 s/f outlet store

Old World Provisions, Inc. cut the ribbon on its first retail outlet store branded as Old World Provisions Outlet on 193 South Pearl St. The...

Leavens joins CBRE/ Albany as an associate

According to CB Richard Ellis/Albany, one of the Capital District's largest volume commercial real estate brokers, Joseph Leavens has joined...

Columbia Dev. buys parking lot for $1.6m

According to Joseph Nicolla, president Columbia Development Cos., the company has recently purchased a parking lot located at 70 Howard St. ...

Verbeck Development purchases 24-unit complex for $3.1 million

Verbeck Development LLC has purchased the Woods Edge Apartments for $3.1 million. The 24-unit complex is located on Rte. 146. According to K...

U.W. Marx Construction to develop $300 million waterfront project

The former junior-senior high school was recently demolished to make way for de Laet's Landing, a new waterfront project consisting of resid...

NYS budgets $40m to build new state food lab

According to state officials, the state food laboratory will remain in the area, creating a new development opportunity. The 2008-09 state b...