Upstate New York

NYSCAR president’s message: A look back and ahead - by Robert Strell

I’d like to thank everyone for their support during 2023.  NYSCAR has always strived to provide the membership with comprehensive networking/marketing opportunities and quality commercial education.

Giniecki of Foresite Realty Advisors

Schenectady, NY Sadly, on December 21, 2023, we lost NYSCAR friend and colleague, Robert Giniecki, CCIM, SEC (Foresite Realty Advisors). As a founding board member of NYSCAR and steadfast supporter through the years, Giniecki worked

NYSCAR professional development courses available via Zoom

Albany, NY NYSCAR professional development courses available via Zoom.January 24, 9:00 am – 12:45 pm, 3.5 hours c.e. credit. Commercial Real Estate Ethics (includes one hour of agency) with Edward Smith, Jr.

Paulus Development, LeChase Construction, CPC and JPMorgan Chase celebrate $40m revitalization of the Endicott-Johnson Victory Factory

Johnson City, NY Broome County and the village of Johnson City celebrated the ribbon cutting of the Endicott-Johnson Victory Factory, hosted by Paulus Development, LeChase Construction Services, The Community Preservation Corp. (CPC) and JP

Perlman of Largo arranged construction financing for mixed use development

Amherst, NY Ned Perlman, vice president of Originations at Largo Capital, Inc. arranged construction financing for the development of a mixed-use property. Upon completion, the subject property will feature 67 apartments

Perlman of Largo Real Estate obtains permanent first mortgage of multifamily property

Buffalo, NY Ned Perlman of Largo Real Estate Advisors, Inc. obtained a permanent first mortgage for the acquisition of a multifamily property

Lendlease celebrates opening of outdoor ice skating rink at Fort Drum Mountain Community Homes

Fort Drum, NY Lendlease yesterday celebrated the grand opening of an outdoor ice skating rink that will be a new “winter wonderland” amenity for service members and their families living in the Monument Ridge housing area at Fort Drum

Eberz of CBRE Upstate NY brokers $4.5 million sale of 98,090 s/f industrial building - 100 Gemcor Dr.

West Seneca, NY CBRE Upstate NY negotiated the $4.5 million sale of the 98,090 s/f industrial property at 100 Gemcor Dr. CBRE Upstate NY’s Lida Eberz represented Gemcor Automation LLC in the disposition of the manufacturing facility

Cleeman Realty Group arranges $20.75 million sale of Mid City Plaza

North Tonawanda, NY Cleeman Realty Group brokered the $20.75 million sale of Mid City Plaza. The 210,081 s/f shopping center is anchored by a Tops Market grocery store and is on a 24.73 acre lot. The grocery store recently underwent a nearly $3 million renovation to the interior

Vanguard-Fine negotiates two sales and eight leases

Ontario, NY Vanguard-Fine LLC negotiated 10 transactions. Barry and Benjamin Feinman of Vanguard-Fine brokered the sale of a one acre lot located at 1558 Rte. 104, Ontario