News: Brokerage

TAYLOR awarded contract for Three City Center phased renovation project

Rendering, Three City Center at 180 South Clinton Avenue - Rochester, NY Rendering, Three City Center at 180 South Clinton Avenue - Rochester, NY

Rochester, NY TAYLOR, a leading regional general contractor, has been awarded the contract for phased renovation of Three City Center at 180 South Clinton Ave. The redevelopment of the seven-floor, 200,000 s/f office building, and former Frontier Communications headquarters, is being led by local developers Morgan Management and Landers Management. Architectural and engineering design is being provided by HBT Architects. Construction work is underway, with the first phase to be completed in spring 2017.

Three City Center Partners, a group that includes Robert Morgan of Morgan Management and Peter Landers of Landers Management, will be redeveloping the 200,000 s/f office building into a mixed-use project featuring banking, legal and government offices, bistro, internet café, and fitness center.

“TAYLOR is proud to continue our relationship with the team of Morgan and Landers Management,” said TAYLOR president, Karl Schuler.

“This exciting project continues to show the focus on redevelopment in Downtown Rochester, and we look forward to being a part of it.”

TAYLOR is a second-generation general contractor with over 30 years of experience in the design and construction of commercial, medical, industrial, multifamily, and institutional buildings. Having successfully completed literally hundreds of projects, TAYLOR has the resources to deliver superior execution on all phases of every project from the ground up.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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