Buffalo, NY CBRE Upstate NY, an affiliate of CBRE, negotiated the $3.2 million sale of an 11-property portfolio along Humboldt Pkwy. to Dofi Properties, a Buffalo-based development firm led by CEO Justin Fineberg and Dr. Marc Fineberg. The portfolio consists of homes located
After rising to near 5% and falling back down to 3.6% in the last year the ten-year treasury note has stabilized in a range around 4% even with the recent turmoil over new import tariffs, significantly higher than four years ago. More interest rate cuts look to be unlikely this year
Rochester, NY The Community Preservation Corp. (CPC) closed a $10.8 million in construction financing with REO Holdings Carthage LLC for the gut renovation of the historic Tichner and Jacobi building located on the eastern bank of the Genesee River in downtown. The mixed-use project will create 41 new rental
Montgomery, NY Cushman & Wakefield served as the exclusive advisor to Ridgecut Rd. in the procurement of $20 million in construction financing for I-84 Orange County Logistics Center, a 146,075 s/f industrial development located at 14 Moosilauke Dr. The loan was provided by Catal Capital
Syracuse, NY The newly opened Crooked Cattle in Armory Square is bringing more than just classic roast beef sandwiches back to downtown — it’s reshaping the use of public and private space with a notable commercial real estate deal. The restaurant has now converted the former Shot Clock Park at
We hope to see you at the NYSCAR Annual Conference, Rivers Casino in Schenectady. Full details can be found at www.nyscar.org/conference. The Annual Conference Planning Committee, chaired by Mercedes Brien has planned a great event for June 16-17. We look forward to seeing you there! The
Syracuse, NY New York State Commercial Association of Realtors lost a great colleague and friend, James Michael Kelly passed away suddenly on May 9, 2025. Jim studied Business, Real Estate and Construction Management at Syracuse University. He went on to work with his father as
Ballston Spa, NY Adirondack Capital Partners (ACP) sold Northway Eleven Communities, a 952-unit, 240-building, 131-acre free-market multifamily complex. Adirondack Capital Partners represented the seller and the buyer in the transaction, marking the largest free-market multifamily sale in the history of New York state outside of New York City
East Rochester, NY Empire Commercial Construction completed the contract for San Lorenzo Montessori. Empire partnered with Greater Living Architecture for design of the over 6,000 s/f childcare/educational fit out located at 105 Despatch Dr. The space completion and official opening from their Fairport relocation occurred in early January.
Buffalo, NY HUNT Real Estate ERA has once again secured its position as the top-performing brokerage in the ERA Real Estate network, earning the #1 ranking in both sales volume and units sold for 2024. This achievement marks the sixth consecutive year that HUNT has led the ERA network, reinforcing its reputation for excellence, innovation,
