Upstate New York

Laster, Chetner and Karpel of Meridian Capital Group place $57.2 million acquisition financing on behalf of for Carlton Mgmt.

Rochester, NY Meridian Capital Group arranged $57.2 million in acquisition financing for seven multifamily properties on behalf of Carlton Management, LLC. The 10-year agency loan features a rate of 3.22% and six years of interest-only payments followed by a 30-year amortization schedule…

Saratoga Race Course to honor philanthropist Whitney with Backstretch Pavilion

Saratoga Springs, NY Plans are underway for the creation of the Marylou Whitney Pavilion at the Saratoga Race Course to honor the late prolific philanthropist and racehorse owner and breeder. Whitney was known for her support of

SWBR and Appel Osborne partner on National PARK(ing) Day

Rochester, NY SWBR and Appel Osborne partnered on National PARK(ing) Day Friday, Sept. 20th, to turn two parking spaces on South Franklin St. into a “sustainable hangout area.” The annual event encourages

Annual Community Loan Fund of the Capital Region celebration to be held October 17th

Albany, NY The Community Loan Fund of the Capital Region is turning 34 years old. To celebrate this milestone, the Community Loan Fund will be holding its annual celebration Thursday, October 17th, 2019. The event will be held at Washington Park Lakehouse

National Grid provides $850,000 in local grants

Buffalo, NY According to National Grid, the company is providing grant programs for economic development. This latest round of funding totals $850,000 for the following ventures…

NYSERDA completes Key Capture Energy 20-megawatt battery installation in Capital Region

Albany, NY The New York State Energy Research and Development Authority (NYSERDA) has completed Key Capture Energy’s system, one of the largest battery installations in New York which will serve the state’s electrical system by

Mayor Warren opens Promenade at Erie Harbor in Rochester

Rochester, NY Mayor Lovely Warren was joined by state officials to celebrate the official opening of the Promenade at Erie Harbor and to unveil details for the 2019 ROC the Riverway Weekend, which will be held October 4-6.

Legacy Development proposes Buffalo seven-townhouse project

Buffalo, NY According to Legacy Development, the firm has proposed an L-shaped masonry building at 8 St. Louis Pl. The project will need several zoning variances from the city to proceed. Wendel Architects is the project architect.

MacAffer of CBRE-Albany sells Niskayuna shopping center for $1.85 million; ACM Northfield CR, LLC sells 43,000 s/f to St. James Plaza, LLC

Niskayuna, NY CBRE-Albany completed the sale of 2341 Nott St. This is Phase 2 of St. James Square/Shop Rite Square, a two-story 43,000 s/f‚“L” shaped neighborhood shopping center comprised of retail and office space. John MacAffer of CBRE-Albany represented the

Metzger, Roloson & Winderl named to leadership team at LaBella Assocs.; Esteban, Healy take new roles as firm principals

strong>Rochester, NY According to LaBella Associates, the firm has welcomed a new leadership team, effective January 1, 2020: Steve Metzger has been appointed CEO; Jeff Roloson has been appointed president; and Mike Winderl has been appointed COO.