Upstate New York

Utilizing internal rate of return (IRR) as an alternative analyzing tool in investment evaluation

The most important alternative to net present value (NPV) is the internal rate of return (IRR) for evaluating an investment. These two metho...

Time Warner Cable launches Business Class Phone in Rochester

Time Warner Cable Business Class (TWCBC), a leading provider of data, video and security solutions for businesses, is further enhancing its ...

SEC accommodates real estate brokers for TICs: Are TICs that good?

After considerable lobbying by the National Association of Realtors, the Securities and Exchange Commission (SEC) issued Release No. 34-5677...

Milton L. Rapkin Broker Associates focuses on upstate real estate market

Milton L. Rapkin Broker & Associates is a company with over 30 years experience primarily focusing in upstate New York. Milton Rapkin and Al...

Building green in Rochester and central New York: Understanding the available options

On June 14, Monroe County executive Maggie Brooks announced an initiative directing compliance with Leadership in Energy and Environmental D...

Utility billing demystified: Consider transferring utility costs to your residents to insulate your NOI

Until recent years, it was standard practice in the multifamily industry for utilities such as heat to be included in the rent. However, esc...

Going, going, gone: The demolition of the Mortimer St. Garage by Passero Associates

Most projects that Passero Associates (PA) works on involve creating a new facility or rehabilitating an existing one. This past summer, PA ...

Are limitation of liability provisions a reasonable part of an overall risk management strategy?

The concept of limitation of liability is nothing new. It has been used for centuries in recognition of the fact that providers of a service...

Fishers Ridge: Thruway traffic to drive Rochester's newest retail environment to success

One of the Rochester area's newest retail environments is being proposed as Fishers Ridge. The DiMarco Group is attracting a blend of nation...

Judelsohn of Pyramid reps. seller in $1.12m sale of Nova Block Building

According to Pyramid Brokerage Company-Buffalo, a Cushman & Wakefield alliance member, the $1.12 million sale of the Nova Block Building has...