Upstate New York

NYSCAR educational session: The next evolution of artificial intelligence to be held on Nov. 28

Albany, NY NYSCAR will hold an educational session, The Next Evolution of Artificial Intelligence, on November 28th, via Zoom from 10:00 am – 11:00 am. The course will be instructed by David Conroy, director of Emerging Technologies.

NYSCAR advertising guidelines

Albany, NY From time to time, there are questions regarding real estate advertising. Visit https://dos.ny.gov/real-estate-advertising to access real estate advertising regulations, real estate advertising guidance

NYSCAR 2024 committee service

Albany, NY We hope you will consider serving on a NYSCAR committee in 2024. Please watch your email for information relative to committee service. Don’t sit on the sidelines – get involved and help shape

Reginelli to transition leadership of Capitalize Albany Corp.

Albany, NY After more than a decade with Capitalize Albany, Sarah Reginelli, the corporation’s president, and CEO of the city of Albany Industrial Development Agency and Capital Resource Corp.

Morgan Properties relocates corporate offices to 17,000 s/f at High Point Office Park in Victor

Victor, NY Morgan Properties, one of the largest multifamily owners and operators in New York state, is relocating its local corporate office to 211 High Point Dr. The office encompasses close to 17,000 s/f and accommodates up to 80 employees. Its design includes an outdoor terrace,

Retech Systems expands with lease at
Uniland’s 175 Milens Road

Tonawanda, NY According to Empire State Development (ESD), Retech Systems LLC, which makes high-tech titanium melting furnaces for contractors in the aerospace, defense, and medical industries, will be expanding. The company, which has been in operation for more than a half century, has outgrown its headquarters on Northland Ave.

NAR Sept. 2023 commercial real estate market insights

Washington, DC While the massive interest rate hikes have hammered the commercial real estate market, the recent Federal Reserve decision to hold rates unchanged will give the market a break. After 11 collective rate hikes in the last 18 months, commercial real estate credit has gotten even tighter

KCLB, CPC and partners to sell two affordable homes using state rehab construction financing program

Kingston, NY The Kingston City Land Bank (KCLB), the Community Preservation Corp. (CPC), and partners are the first organizations in the state anticipated to close on affordable home sales under the New York State Legacy Cities ACCESS Program. This is also the KCLB’s first development partnership

CRE sector performance in August 2023

Washington, DC The unprecedented surge in delivered units has amplified the available space within the multifamily sector. Over the last 12 months leading up to August, there has been a notable 32% upswing in units delivered to the market compared to the previous year. Consequently,

NYSCAR meets in central New York - by Robert Strell

The board of governors of the New York State Commercial Assoc. of Realtors met at the Turning Stone Resort and Casino in Verona,  on October 2, 2023. Committee reports and chapter reports were given and officers and governors were elected as follows: President, Robert Strell, WNY; first vice president, Mercedes Brien,