News: Brokerage

TAYLOR awarded Flaum Eye Institute Optical Shop build-out; Hanlon Architects for design of the build-out

TAYLOR, one of the leading regional general contractors, was awarded the construction contract for University of Rochester's Flaum Eye Institute Optical Shop at College Town Rochester. TAYLOR has teamed-up with Rochester-based Hanlon Architects for design of the build-out located at 1325 Mt. Hope Ave. Construction work is underway, with a project completion date of April. "TAYLOR is excited to continue our involvement with this monumental project for the neighborhood," said TAYLOR president, Karl Schuler. "We are proud to once again exceed the goals in our relationship with the University of Rochester, and are eager to collaborate on this project, and future projects together." College Town Rochester is seen as an extension of the community surrounding the University of Rochester's main 534-acre River Campus, and the University of Rochester Medical Center. TAYLOR recently completed Building #2; a 4-story, approximately 220,000 s/f residential/retail building, with a 2-story Barnes & Noble Bookstore, and Building #5; a 3-story, 69,000 s/f residential/retail building, with street-level shops and restaurants. TAYLOR, and its retail-specific division, Empire Commercial Construction, also completed various build-outs at the development, including the University of Rochester Offices in Building #3, Barnes & Noble Book Store, Jimmy John's, Insomnia Cookies, and Bean Cruises & Travel.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.
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,