Upstate New York

Dormitory Authority of the State of New York completes $16 million renovation of Tower Three at SUNY Buffalo State College

Buffalo, NY According to governor Andrew Cuomo, the $16 million project to renovate Tower Three at SUNY Buffalo State College has been completed. This project is part of $73 million in capital renovation projects the Dormitory Authority of the State of New York

Nelson of Troy Kitchen expanding to downtown Albany with 4,500 s/f food hall; Redburn Development is property owner

Albany, NY According to Cory Nelson, owner of Troy Kitchen, the company is expanding by opening a sister food hall at 55 Columbia, Albany Kitchen. The property owner is Redburn Development, who will be spending $700,000 to renovate and outfit the

Empire Construction nearing completion of Gates KFC with Davidson Architecture & Engineering

Gates, NY Empire Commercial Construction, a retail and small-project focused company, was awarded the contract for ground-up construction of a new Kentucky Fried Chicken. Empire teamed with Kansas-based Davidson Architecture & Engineering for

SWBR, Fisher Associates and MRB Group submit winning design in Buffalo Skyway competition

Buffalo, NY Governor Andrew Cuomo revealed that the “City of Lights: Re-View our Waterfront” proposal submitted by SWBR, Fisher Associates and MRB Group from Rochester, is the winner of the “Aim for the Sky” competition to re-imagine the Buffalo Skyway Corridor

Laster, Chetner and Karpel of Meridian Capital arrange $57.2M in financing for seven Upstate New York properties

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

MacAffer and Simonds of CBRE-Albany sell retail sites for $357,000; Hanna Commercial RE acts for buyer, Keshu

Perth, NY According to CBRE-Albany, the company has brokered the sale of 4178 and 4184 Rte. 30 for $357,000.  4184 Route 30 is a former Stewarts that is occupied by Case Supply Inc. 4178 Route 30 is a former bank branch that will be converted into a

DG Law plans ribbon cutting to open new Saratoga Springs office September 19th

Saratoga Springs, NY Newly formed DeAngelus Goralczyk PLLC (DG Law) is planning a ribbon cutting and open house event on September 19th to celebrate their firm’s expansion. Attorneys Karen DeAngelus and Jacqueline Goralczyk formed the firm in March,

Vanguard-Fine leases 143,413 s/f and brokers sales totaling $7.632 million

Oneonta, NY According to Vanguard-Fine, LLC, the firm has completed eight sales totaling $7.632 million, and leased over 143,413 s/f: • Barry Feinman and Kenneth Brownell of Vanguard-Fine brokered the $4.77 million sale of 5.2 Acres Gas Station, Car Wash and Office Building. The buyer and seller wish to

Selling investment property, thinking you don’t have a gain - by Russell Gullo

There are many scenarios when selling income-producing real estate or investment-held property where you may experience a significant, and unexpected, gain (profit) and face a large tax liability that could have been avoided. If you encounter one of the examples below, make sure you

Empire Commercial and Davidson Arch. partner for two KFC restaurants

Horseheads, NY Empire Commercial Construction is nearing completion for construction on two Kentucky Fried Chicken locations. Empire is teaming with Kansas-based Davidson Architecture & Engineering