Category: Brokerage

How a “Financial Physical” can help determine when to dispose of multifamily investment property - by Russell Gullo

How a “Financial Physical” can help determine when to dispose of multifamily investment property...

December 3, 2019
A “Financial Physical” shows owners of multifamily investment property how they can double, triple, and in some cases, even quadruple the size of a real estate investment portfolio by using their current equity.
Rochester’s Cornerstone Group breaks ground on Frances Apts. II with Lifetime Assistance, Passero, SWBR, LECESSE, People, Inc.

Rochester’s Cornerstone Group breaks ground on Frances Apts. II with Lifetime Assistance, Passero,...

December 3, 2019
Brockport, NY Lifetime Assistance, Inc. and Rochester’s Cornerstone Group, Ltd., broke ground on Phase II of Frances Apartments affordable inclusive housing. Frances Apartments II will add 48 units of affordable
The Rosenblum Cos. opens third ValuSpace self-storage facility

The Rosenblum Cos. opens third ValuSpace self-storage facility

December 3, 2019
Halfmoon, NY Public officials, business owners, and community leaders joined local real estate developer, The Rosenblum Cos., to celebrate the grand opening of ValuSpace Personal Storage facility, located at 1607 Rte. 9.
C&W|Pyramid Brokerage leases 262,347 s/f in seven deals, closes three sales totaling $4.17 million

C&W|Pyramid Brokerage leases 262,347 s/f in seven deals, closes three sales totaling $4.17 million

December 3, 2019
Syracuse, NY Cushman & Wakefield|Pyramid Brokerage Co. (C&W|Pyramid) has completed the following sales and leases: MacKenzie-Childs leased 200,931 s/f at 123 Great Bear Rd., in Fluton. The subject is an industrial warehouse
Forte, Cruz and Peck of JLL arrange $8.3m industrial sale; Pagniucci leads JLL team to place $5.1m acquisition loan

Forte, Cruz and Peck of JLL arrange $8.3m industrial sale; Pagniucci leads JLL team to place $5.1m a...

December 3, 2019
Depew, NY JLL closed the $8.3 million sale of and arranged $5.1 million in acquisition financing for Bunzl Distribution Center, a fully leased, 152,000 s/f industrial warehouse and distribution center at
Bouck Bouck Real Estate facilitates sale of Auburn industrial property – 110,000 s/f

Bouck Bouck Real Estate facilitates sale of Auburn industrial property – 110,000 s/f

December 3, 2019
Auburn, NY According to John Bouck, broker/owner of Bouck Real Estate, an industrial building at 2 Willey St. has been sold for $250,000.  The building, owned by Two Willey Street, Inc. is a four-story
Henrietta Public Library honored with ACEC NY engineering award; Team includes: Passero Assocs., EC4B Eng., Vargas Assocs., Christa Const.

Henrietta Public Library honored with ACEC NY engineering award; Team includes: Passero Assocs., EC4...

December 3, 2019
Henrietta, NY  The new Henrietta Public Library, the latest addition to the Town Campus on Calkins Rd., has been recognized with a Gold Award in the ACEC New York 2020 Engineering Excellence Awards.
Beacon Communities completes $22 million rehab of Colonial I Apts.

Beacon Communities completes $22 million rehab of Colonial I Apts.

December 3, 2019
Rome, NY New York State Homes and Community Renewal (HCR) joined with local officials and community development partners to celebrate the completion of a $22 million upgrade and modernization of Colonial I Apartments,
Marc Coppola Real Estate and The Dagar Group lease 30,000 s/f to Newburgh Vintage Emporium

Marc Coppola Real Estate and The Dagar Group lease 30,000 s/f to Newburgh Vintage Emporium

December 3, 2019
Newburgh, NY Marc Coppola Real Estate and The Dagar Group Ltd. have leased a second location to Newburgh Vintage Emporium on Rte. 17K. “Currently, Newburgh Vintage Emporium is located on Rte. 9W in
Northwell Health finances $202.3 million through DASNY

Northwell Health finances $202.3 million through DASNY

December 3, 2019
Albany, NY According to The Dormitory Authority of the State of New York, (DASNY) Northwell Health Obligated Group issued more than $202.3 million in tax-exempt bonds through DASNY. Bond proceeds from the
C2 Design Group celebrates new offices with ribbon cutting/open house

C2 Design Group celebrates new offices with ribbon cutting/open house

December 3, 2019
Schenectady, NY C2 Design Group held a ribbon cutting and open house at their new office located at 24 Airport Rd., October 24th.  The ribbon cutting was attended by the Capital Region Chamber, senator
December message from the president of NYSCAR’s Upstate chapter - by Guy Blake

December message from the president of NYSCAR’s Upstate chapter - by Guy Blake

December 3, 2019
On October 23rd, 2019, governor Cuomo signed into law a NYSAR supported amendment to Real Property Law §441(3)(a). The amendment accomplishes two things, eliminating the exemption or “grandfathering” of