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Category: Central NY
Muroff Hospitality completes $1.5 million sale of The Econolodge to Zamp Utica
May 16, 2023
Utica, NY Muroff Hospitality Group has sold The Econolodge; 309 N Genesee St. This updated economy franchised hotel boasts 40 guest
rooms on two floors with a mix of interior and exterior access. It’s located immediately off I-90 Exit 31 insures
Lanni and Holland of Kislak sell Woodland Apartments, a 58-unit complex at 1833 West Water St. for $...
April 11, 2023
Elmira, NY The Kislak Company, Inc. negotiated the sale of Woodland Apartments, a 58-unit complex at 1833 West Water St. for $2.83 million. Kislak marketed the property on behalf of the seller, Resko-Phil Partnership Elmira, with senior vice president Daniel Lanni handling the assignment.
Axiom Capital structures and arranges $25.35 million loan for 76,393 s/f medical office in Utica
April 11, 2023
Utica, NY Axiom Capital Corp. has structured and arranged a $25,356,396 (10-year, 2 years I/0) construction to permanent loan for a class A, multi-tenant medical office building. The project entails the construction of a 3-story, 76,393 rentable s/f building situated on 1.46 acres
Cleeman Realty Group brokers $15.95m sale of Grand Union Plaza
November 8, 2022
Cortland, NY Cleeman Realty Group brokered the $15.95 million sale of Cortland Grand Union Plaza. The 133,846 s/f shopping center is anchored by a Grand Union grocery store on a 21.6 acre lot.
Look next to Broome County for semiconductor investment & innovation - by Stacey Duncan
November 8, 2022
Broome County, located in the center of the Southern Tier region, has been the home for innovative ideas for generations. We are the birthplace of modern technology such as virtual reality, the flight simulator, and personal computing, and did you know that the patent for the first hybrid-vehicle was developed in Broome?
Scheer and Seelenfreund of Cleeman Realty Group arrange $3.2m off-market sale of South Plaza
October 11, 2022
Norwich, NY Cleeman Realty Group brokered the off-market sale of South Plaza. The 141,402 s/f shopping center was 56% occupied at the time of closing and features a lineup of national tenants including Tractor Supply Company, Dollar General, and Aaron’s. The
Ranieri of Northmarq arranges $5m refi of two multifamily properties
September 13, 2022
Vestal, NY Robert Ranieri, senior vice president/managing director of Northmarq’s White Plains debt/equity office, negotiated the $5 million refinance for two three-story properties (built in 1980-1985) that contain a
3d Development Group and Cayuga Housing Development Corp. begin 118-unit housing project in Ithaca
September 13, 2022
Ithaca, NY Governor Kathy Hochul celebrated a $75 million project to upgrade and preserve two outdated Ithaca Housing Authority properties with a total of 36 apartments and to replace another obsolete Authority property with
Coscia of Largo facilitates $8.7 million hotel refinance in Cooperstown
June 28, 2022
Cooperstown, NY Kevin Coscia, managing director at the Largo Group of Companies, secured an $8.7 million non-recourse, interest only loan for the
CRE Consulting Corps partners with CCLR on Rome Brownfield site
June 14, 2022
Rome, NY A team of advisors from The Counselors of Real Estate has assessed how the city can best leverage community assets to redevelop the former
CBRE and Newmark collaborate for sale of 156-unit Deerfield Pl.
March 8, 2022
Utica, NY Representatives of CBRE, led by Jeff Dunne and Eric Apfel, and Newmark, led by Gene Pride and Jamie Thelwell, completed the
Cooper Robertson selected to develop master plan for Munson-Williams
February 8, 2022
Utica, NY Munson-Williams-Proctor Arts Institute is seeking public input regarding an extensive campus master plan that will transform its public areas into
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