Upstate New York

Henry Hudson Housing Assocs. breaks ground on 136-unit apartment complex - $15.7 million project

The groundbreaking has started on a 136-unit low-income housing complex to be named the Village Green Apartments. The project is expected to...

Carrow Real Estate Services brokers four leases totaling 27,195 s/f

Carrow Real Estate Services has recently completed four leases consisting of 27,195 s/f at 99 Washington Ave. The 742,052 s/f building's la...

BOMA International starts 7-Point Challenge Energy Plan

The Building Owners and Managers Association (BOMA) International has recently begun their Market Transformation Energy Plan for its members...

IREM chapter 58 hosts its 4th Annual Golf Tournament

IREM chapter 58 recently held their 4th Annual Golf Tournament at Shadow Lake Golf and Racquet Club. The chapter would like to congratulate...

Ciminelli of LPCiminelli to be honored by the University of Buffalo with Niagara Frontier award

On Novemeber 1st, the University at Buffalo School of Management will honor Louis Ciminelli, chairman and chief executive officer of LPCimin...

CIREB: Represents the common interests of all of its members

In upstate New York, an interest in the world of commercial real estate will have you brushing shoulders with members of CIREB. CIREB is an ...

Considerations when investing in multifamily apartments projects

Rental apartments are still a popular form of housing in this country. According to the 2000 Census-General Housing Characteristics in NYS,...

Credit doors open slowly and slam shut: The comm'l. mortgage backed security (CMBS) meltdown of 2007

Some may say it began with a special report issued on April 10, 2007 by Moody's Investor Service. The memo, titled, US CMBS: Conduit Loan ...

Life in upstate New York: The difference in the practice of real estate law from downstate

I have practiced law and worked in the title industry for over 25 years. Boy, I must be getting old! It continues to surprise me how differe...

How should we react to the changes of the real estate capital market?

As summer has drawn to an end and the traditional post-Labor Day activity begins, we find ourselves in a vastly changed real estate capital ...