Upstate New York

Empire State Development provides Excelsior tax credits for $1.5 million Viatran facility expansion in Erie County

Tonawanda, NY Viatran, a manufacturer of industrial measuring instruments, will create 72 new jobs and retain 55 full-time positions as a pa...

Engineered Facility Solutions and HUNT Real Estate Corp. merge to form HUNT Property Solutions, LLC

Buffalo, NY Engineered Facility Solutions (EFS) has merged with HUNT Real Estate Corp. to form HUNT Property Solutions, LLC (HPS). The ne...

Hudson River SkyWalk by the NYS Bridge Authority project reaches milestones

Hudson, NY Governor Andrew Cuomo discussed major milestones in the Hudson River SkyWalk project, a scenic pedestrian trail linking two histo...

Kemm and Landes of Royal Properties represents landlord in long term 7,500 s/f lease to Kirklands Stores; Zolcinski of Jones Lang LaSalle acts for Kirkland’s

Nanuet, NY According to Royal Properties, Inc., Kirkland’s Stores, Inc. signed a long-term lease for 7,500 s/f within Rockland Center ...

Shepley Bulfinch completes $270 million Oishei Childrens Hospital; Project team includes Turner Construction Co., DiDonato Associates, Cannon Design, Simpson Gumpertz & Heger and Brown Sardine

Buffalo, NY Shepley Bulfinch has celebrated the grand opening of John Oishei Children’s Hospital, one of the area’s only freesta...

CIREB installs Baxt of The Howard Group as 2018 president

Schenectady, NY On Thursday, January 25th, 2018 the Commercial & Industrial Real Estate Brokers, Inc. (CIREB) installed Brett Baxt of The Howard Group as its 51st president in ceremonies held at the Rivers Resort and Casino. 

Hotel Saranac holds re-opening after $35.3 million renovation; four-year project completed by Roedel Companies

Saranac Lake, NY Governor Andrew Cuomo attened the grand re-opening of the historic Hotel Saranac, commemorating the event with a ribbon cut...

Meet the Affiliate CIREB Member: Christie Ellis, President at Company Cost Segregation Advisors, LLC 

Christie Ellis, President at Company Cost Segregation Advisors, LLC

Increasing cap rates, interest rates, compounding, inflation, and capitalism: What’s the connection? - by John Rynne

Overall capitalization rates and mortgage interest rates are loosely joined at the hip. Interest rates are rising and are projected to rise over the next few years. In my almost 45 years as a real estate appraiser and analyst, the low interest rates of the last 10 years were unprecedented.

DiMarco Group welcomes Schiller as director of marketing

Rochester, NY According to the DiMarco Group, Paul Schiller has joined as director of marketing. He brings to the position more than 30 year...