Upstate New York

Upcoming NYSCAR professional development classes via Zoom

Albany, Ny Sept. 19, 2023 – Legal Update, Anthony Gatto, Esq. (one hour) (fulfills the NYS licensing requirement for one hour of legal issues).

SRS Real Estate Partners completes $9m sale
of 895,000 s/f Great Northern Mall

Clay, NY SRS Real Estate Partners has completed the $9 million off-market sale of Great Northern Mall located at 4155 State Hwy. 31. The shuttered 895,000 s/f property is situated on 120 acres and is slated for a major mixed-use town center redevelopment to encompass hundreds

Rochester’s Cornerstone Group recognized

Rochester, NY Rochester Business Journal has selected Rochester’s Cornerstone Group, Ltd. to receive a 2023 Leaders in Construction Award. This year’s recipients will be honored Oct. 23.

Network Title Agency of New York promotes Young to president

Buffalo, NY Network Title Agency (NTA) of New York has a promoted Jeni Young to president effective immediately. Young was previously general manager. According to Peter Hunt, chairman and CEO of HUNT Real Estate Corp. and principal owner of NTA

Serendipity Labs impacts Buffalo office
market with 90% occupancy

Buffalo, NY Serendipity Labs has reached 90% occupancy at their 19,000 s/f, downtown location. Opened in 2021, and operating from the 29th floor of Seneca One, Serendipity Labs has been met with excitement as the business community identified the concept as the perfect solution for a balanced environment

Axiom Capital funds $8.6 million loan
for 107,245 s/f retail property

Colonie, NY Axiom Capital Corp. has structured and arranged a $8.6 million permanent loan (five year with five-year extension option, fixed rate, non-recourse) for the refinance of a retail plaza located in the Latham area of town.

August 2023 message from the president of NYSCAR - by Robert Strell

One of the goals I have as president is to visit the NYSCAR chapters throughout the state.  Many thanks to the Southern Tier chapter leadership, Hudson Valley and Long Island,/NYC leadership for the courtesies extended to me during my recent visits with them.  It was a great opportunity to talk to the members about common areas

M&T Bank appoints new leadership

Buffalo, NY M&T Bank has made leadership updates in its commercial bank which are designed to support its ongoing evolution and commitment to providing support to its clients and communities. These changes include the following promotions and new hires:

Phillips of Largo Capital arranges refinancing for 11,000 s/f

Buffalo, NY Jack Phillips, principal at Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a mixed-use property. The property features over 11,000 s/f of commercial space and 50 residential units. In addition, the property offers access to local amenities as well as major highways including

Greater Binghamton Chamber recognizes young professionals at HYPE event

Endwell, NY The Greater Binghamton Chamber of Commerce honored nine young professionals and one mentor to a young professional at the Riverdale Banquet Hall. The HYPE Awards highlight professionals under the age of 30 who have demonstrated success in their career and industry in addition to making a significant positive