News: Brokerage

SWBR celebrates ribbon cutting for LEED Homes Gold certified project: Charlotte Square

Rochester mayor Lovely Warren, Rochester councilmember Elaine Spaull, Tom Gears of SWBR, Kimberly Russell of Home Leasing, Nelson Leenhouts of Home Leasing, and Monroe County executive Cheryl Dinolfo

Rochester, NY Home Leasing’s Charlotte Sq. celebrated its grand opening June 19. Designed by SWBR, the apartment complex was recently certified as Leadership in Energy and Environmental Design (LEED) for Homes Gold, an award for projects that recognize sustainable living for their residents.

Located in the city’s East End arts and cultural district, Charlotte Sq. is a four-story, 100,000 s/f apartment building with amenity space and a 30,000 s/f garage. It offers a walkable and bikeable community close to the arts and cultural district. In addition to 72 one-, two- and three-bedroom apartments, the complex features community, media and fitness centers, a rooftop terrace and a pocket park. The ground-floor parking garage has a car charging station and bike storage.

SWBR included solar panels that are projected to produce up to 50% of the energy the building uses, low- and no-VOC paints to promote indoor air quality, and water and energy conserving fixtures installed throughout. The project was also involved with the NYSERDA Low-Rise Program and the Energy Star for Homes Program, which worked in concert to achieve a high level of sustainability.

“Charlotte Sq. met the stringent requirements of LEED’s three rating systems to achieve a design with high energy efficiencies and utilized materials that have a low negative impact on the environment and human health,” SWBR project architect Rob Fornataro said. 

“We welcome projects like this that are good examples of the appropriate use of our resources. This establishes a high bar for all future development opportunities in this area.”

MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced