Upstate New York

12 projects in Albany part of $10m Downtown Revitalization Initiative

Albany, NY Governor Andrew Cuomo announced 12 transformational projects for the city’s Clinton Sq. neighborhood as part of the $10 million Downtown Revitalization Initiative (DRI) award.

DiGennaro, Wolfe and Shtulman of STREAM Capital Partners execute $5.5 million sale

Rochester, NY STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, represented the seller in the $5.5 million sale of an industrial property leased to Cintas Corp.

August message from the president of NYSCAR’s Upstate chapter - by Guy Blake

NYSCAR will be soliciting committee members for 2020. If you are interested in serving on one or more of NYSCAR’s committees, please consider requesting service. If you have an interest in education, the legislative area, membership, RPAC, Technology, etc. We want to hear from

Magguilli of HUNT Real Estate ERA named to two REAL Trends lists

Rochester, NY According to HUNT Real Estate ERA, REAL Trends has named Larry Magguilli to two of its lists. With 300 transactions in 2018, Magguilli ranked #18 nationally, and #1 in New York State

Feinberg of Sutton Real Estate Co. brokers three sales: $3.425 million total

Rochester, NY According to Sutton Real Estate Co., Bart Feinberg completed three sales totaling $3.425 million. Feinberg represented the seller, DuPont, in the sale of

Thanks to the power of partnerships, we get things done here in Broome County - by Jason Garnar

Broome County is a great place to live. Filled with rich history and unique experiences, there’s so much to enjoy in Broome County and our sense of community makes it a place unlike any other. Each of our 24 municipalities has something special to offer

DiMarco Group names Harff a vice president of commercial leasing

Rochester, NY According to DiMarco Group, Stephen Harff has joined as vice president of commercial leasing for DiMarco Realty Services. In his new role, Harff will oversee and coordinate the leasing of…

What affects capitalization rate behavior? - by John Rynne

Overall capitalization rates are affected by many factors. Interest rates are one of the most notable but somewhat overrated. Overall cap rates are one the most discussed terms in the real estate market. That’s because one of the keys to estimating value for income

Overview of the 2019 Upstate apartment market - by Brian Heine

Robert Morgan and four other employees of the Morgan Companies in Rochester have been arrested for submitting false information to mortgage lenders to obtain inflated financing unsettling the upstate New York apartment market. Recently one former executive has…

Bruno joins Axiom Capital as senior vice president of business development

Clifton Park, NY Pier-Luca Bruno has joined Axiom Capital Corp. as senior vice president of business development. Bruno is responsible for developing and managing existing and new client relationships