Upstate New York

Ciminelli and Newmark enter alliance agreement

Buffalo, NY According to Newmark Group, Inc., it has entered into an alliance agreement with Ciminelli Real Estate Corp., which has been one of Western New York’s leading real estate service providers for nearly four decades. 

Saleski of Sutton obtains associate broker license

Syracuse, NY According to Sutton Real Estate Co., Stephen Saleski has obtained his real estate associate broker license. Saleski joined the Sutton Real Estate team

Vanguard-Fine, LLC brokers four sales $4.177 million

strong>Albany, NY Vanguard-Fine, LLC completed the following: Sale transactions: • Kenneth Brownell and Barry Feinman of Vanguard-Fine, LLC brokered the sale of 418 South Pearl St. between purchaser Agree Realty and seller FFB#1wood, LLC. The sale price was $1.767 million 

HUNT Insurance appoints new leadership positions

Buffalo, NY HUNT Insurance Agency, a core business of HUNT Real Estate Corp., has announced the appointment of multiple leadership positions within the organization.  James Farah has been named the president and chief insurance officer

Matthews named controller at Ciminelli

Buffalo, NY Ciminelli Real Estate Corp. appointed Mark Matthews as controller. Matthews is responsible for oversight of both property and corporate  accounting activities for Ciminelli.

January message from the president of NYSCAR

National Association of Realtors COVID-19 Relief Package  Includes Help for Business and Property Owners December 21, 2020 Congressional leaders struck a deal on a nearly $900 billion coronavirus relief bill that will bring a new round of support to millions

CPC and Development Unlimited of WNY close $1.675m construction loan

Tonawanda, NY The Community Preservation Corp. (CPC) and David Pawlik, a principal member of Development Unlimited of WNY, LLC, closed on $1.675 million in construction financing to transform a former school building into a mixed-use property

Stan Johnson Co. acts for 1031 buyer in $2m acquisition

Clifton Park, NY Stan Johnson Co. has completed the sale of a single-tenant healthcare property.  The 4,969 s/f building is located at 3 Emma Ln. and is fully leased to Rezolut Imaging.

Valente and Saleski of Sutton handle $3.6 million hotel sale

Rochester, NY Sutton Real Estate Co. completed the following: • The Rochester Downtown Holiday Inn, located at 70 State St., was sold for $3.6 million. The subject is a seven story, 250,712 s/f full service hotel with 217 rooms

Bucci of Acropolis Realty Group handles Upstate sales totaling over $5.265 million

Mexico, NY Andréa Bucci, associate real estate broker with Acropolis Realty Group, handled the following transactions: • 5-16 Kimberly Ln. sold for $2.71 million, above asking price. Kimberly Apts, LLC sold to an undisclosed buyer.