Category: Central NY

CPC and REI REI LLC close $1.5m financing for Liberty St. Lofts

CPC and REI REI LLC close $1.5m financing for Liberty St. Lofts

February 2, 2021
Penn Yan, NY The Community Preservation Corp. (CPC) and REI REI LLC, whose principals are Cindy and Vincent Rosato, closed $1.5 million in construction and permanent financing to rehabilitate Liberty Street Lofts into an
Strategies for turning around COVID-distressed properties - by Carmelo Milio

Strategies for turning around COVID-distressed properties - by Carmelo Milio

January 5, 2021
Due to the ongoing pandemic, many landlords are faced with an increasing number of distressed properties. The dramatic increase in unemployment and reduction in income for so many has led to a mass exodus out of Manhattan, an increase in the number of empty rental units
JLL acts for seller in sale of 133,849 s/f Tops Plaza; TICs Namdar Realty Group LLC and Hakimi Capital Group LLC are buyers

JLL acts for seller in sale of 133,849 s/f Tops Plaza; TICs Namdar Realty Group LLC and Hakimi Capit...

October 16, 2020
Cortland, NY JLL Capital Markets closed the $7.6 million sale of Tops Plaza, a 133,849 s/f retail center anchored by Tops grocery store and Harbor Freight Tools in central Upstate.
Park Grove Realty holds grand opening for 65,000 s/f development at 100 West Water St.

Park Grove Realty holds grand opening for 65,000 s/f development at 100 West Water St.

October 1, 2020
Elmira, NY Developer Park Grove Realty celebrated the grand opening of its 65,000 s/f, mixed-use development at 100 West Water St. This project is part of the city’s Downtown Revitalization Initiative effort. The $14 million project includes
Jones of Cushman & Wakefield/Pyramid secures $22 million sale of Lourdes Memorial with Menin of Jacobson Properties

Jones of Cushman & Wakefield/Pyramid secures $22 million sale of Lourdes Memorial with Menin of Jaco...

September 8, 2020
Vestal, NY Lisa Menin of Jacobson Properties of New York, and Leo Jones of Cushman & Wakefield/Pyramid Brokerage Company of Binghamton, arranged the sale of Our Lady of Lourdes Memorial Hospital
Empire Commercial and Davidson Arch. partner  for two KFC restaurants

Empire Commercial and Davidson Arch. partner for two KFC restaurants

September 3, 2020
Horseheads, NY Empire Commercial Construction is nearing completion for construction on two Kentucky Fried Chicken locations. Empire is teaming with Kansas-based Davidson Architecture & Engineering
Thanks to the power of partnerships, we get things done here in Broome County - by Jason Garnar

Thanks to the power of partnerships, we get things done here in Broome County - by Jason Garnar

August 6, 2020
Broome County is a great place to live. Filled with rich history and unique experiences, there’s so much to enjoy in Broome County and our sense of community makes it a place unlike any other. Each of our 24 municipalities has something special to offer
Bucci of Longley Jones facilitates two deals totaling $2.54 million

Bucci of Longley Jones facilitates two deals totaling $2.54 million

June 5, 2020
Cortland, NY Andréa Bucci, director of brokerage at Longley Jones completed the following transactions:
Governor Cuomo celebrates completion of 62-unit Owego Gardens: $12.5 million affordable apartment complex project

Governor Cuomo celebrates completion of 62-unit Owego Gardens: $12.5 million affordable apartment co...

May 16, 2020
Owego, NY Governor Andrew Cuomo celebrated the completion of Owego Gardens, a $12.5 million affordable apartment complex for low-income and middle-income seniors, ages 55 and older. The investment complements
Anchor Glass completes expansion of Elmira facility – $51 million

Anchor Glass completes expansion of Elmira facility – $51 million

May 5, 2020
Elmira, NY According to governor Andrew Cuomo, Anchor Glass has completed a $51 million expansion of its facility in Chemung County.
USGBC names Watkins Glen School Apts. LEED for Homes Silver; Sustainable Comfort was green building verification consultant

USGBC names Watkins Glen School Apts. LEED for Homes Silver; Sustainable Comfort was green building ...

May 3, 2020
Watkins Glen, NY According to Sustainable Comfort, Inc. (SCI), the United States Green Building Council (USGBC) has awarded the Leadership in Energy and Environmental Design (LEED) for Homes Silver
Project of the Month: Taylor nears completion of 7,640 s/f SUNY Oswego Rice Creek Field Station - Plans to obtain LEED Gold

Project of the Month: Taylor nears completion of 7,640 s/f SUNY Oswego Rice Creek Field Station - Pl...

March 11, 2020
Taylor, a leading regional general contractor in Rochester, was awarded the contract for construction of the SUNY Oswego Rice Creek Field Station in August of 2012. Taylor is teaming up with architect Cannon Design, out of Grand
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