Upstate New York

Buffalo BOMA installs its new Board of Directors for 2019; Harvey of Parkland Professionals named 2019 president

Buffalo, NY The Buffalo Building Owners & Managers Association (BOMA) introduced the 2019 board of directors on January 23rd at Salvatore’s Italian Gardens. Over 75 BOMA members and colleagues attended. 

Construction begins on mixed-use property at 417 Massachusetts Ave.

Buffalo, NY According to governor Andrew Cuomo, construction has commenced at 417 Massachusetts Ave., a vacant, fire-damaged building that will be transformed into nine affordable apartments with ground floor commercial space

Swon, Zagoria and Pierce of Marcus & Millichap broker $7.3 million sale of 102-room Comfort Inn University

Amherst, NY According to John Krueger, vice president and regional manager of Marcus & Millichap’s Manhattan office, the firm has completed the sale of a 102-room hotel, the Comfort Inn University, located at 1 Flint Rd. The property sold for $7.3 million. 

Kitware celebrates grand opening of new headquarters in Clifton Park

Clifton Park, NY According to governor Andrew Cuomo, Kitware celebrated the grand opening of its new corporate headquarters in Saratoga County, coinciding with the 21st anniversary of the company’s incorporation…

Executives of the Month: Jeff and Nick DeFranco of NY State Industrial Coatings are a Monroe County Powerhouse

Rochester, NY Jeff DeFranco, founder of NY State Industrial Coatings (N.I.C.I.) and native Rochesterian, obtained his bachelor of science degree in biochemistry from SUNY Geneseo receiving several accolades for his accomplishments.

A message from the president of NYSCAR’s Upstate chapter

We are looking forward to the 18th Annual NYS Commercial Real Estate Conference being held June 3rd - 5th, 2019 at the Turning Stone Resort Casino in Verona, under the chairmanship of James Walker, CCIM.

Examining valuations for vacant land: What appraisal dilemmas are created? - by John Rynne

Vacant land valuation: An appraisal dilemma? Appraisers have an important job to do; whether the intended use is for a partnership buyout, a regular sale, mortgage financing, real estate tax certiorari, condemnation, estate, gifting, donation, conservation easement, etc. The intended users could be

Rochester Spotlight Company Profile: Clark Patterson Lee

Name:Vince Press Title: Director of Marketing & Communications Company Name:Clark Patterson Lee What was your company’s g...

Menin of Jacobson Properties and Jones of Cushman & Wakefield/Pyramid Brokerage close $45 million portfolio sale

Albany, NY Lisa Menin of Jacobson Properties and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Co. of Binghamton have brokered sale of the New York State medical office portfolio

Company of the Month: Colonial Fire Protection Systems, Inc. is a premiere merit shop sprinkler company

Rochester, NY When most people hear fire safety, their thoughts immediately focus in on fire exits, extinguishers, and sometimes the, “Stop, Drop and Roll” protocol. But there’s another silent savior that has been around for over a century, providing protection for your life and property. Fire sprinklers.