NY Daily Record Since 1908

A dynamic economy has been the driving force in declining vacancy rates in all four commercial real estate sectors in the Rochester metropolitan area, according to the managing director of CBRE Rochester. CBRE’s annual Real Estate Market Outlook showed vacancies ...

Foreclosure activity in the Rochester metro area in 2019 fell to the lowest levels since at least 2006, the first year for which ATTOM Data Solutions has statistics for default notices, scheduled auctions and bank repossessions. There were 1,881 housing ...

With the turn of the calendar, investors have now missed the biggest benefit of Opportunity Zone projects, but that doesn’t mean there still aren’t significant advantages to the program—for the right investors. That’s especially true now that the Internal Revenue ...

Rich Funke spent a lifetime in broadcasting; he wasn’t going to spend the rest of his life in politics. So after his third term as a New York State senator representing the 55th District ends in December  2020, Funke will ...

Rochester developer Thomas Masaschi, whose company already has lost through foreclosure two out-of-town university apartment communities, now faces more than $14 million in collection activities by a Henrietta lender. US Income Partners LLC and two of its subsidiaries have filed ...

When it comes to hot real estate markets, forget coastal cities like Miami and San Diego or major metropolitan areas like New York and San Francisco. Think, instead, Boise, Idaho, Chattanooga, Tenn., and, yes, Rochester. Realtor.com’s 2020 housing forecast, released ...

Joe Robach has been called an institution and a stalwart, a fair-minded legislator who could back-burner partisan politics to do what was right for his district. More than anything, however, he has been a voice for the Rochester region during ...

As Major League Baseball continues with plans to lop off 25 percent of its minor league system — including the Batavia Muckdogs and Auburn Doubledays — Congress could wield a powerful sword to thwart the proposal. While there are many ...

Adam Bello said the aim of his transition team will be to kick politics to the curb and create a governmental structure within Monroe County that will represent all residents. Bello, the Monroe County Executive-elect, will take office on Jan. ...

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Foreclosure activity in Monroe County dropped significantly between October 2018 and October 2019 but rose dramatically in Wayne County over the same period. While the total of pending foreclosures, notices of foreclosure sale (NFS) and lender-owned properties (REO) dropped by ...

Republican county legislators say newly proposed rushed-through legislation will provide better transparency within Monroe County, but incoming County Executive Adam Bello and fellow Democrats say it’s nothing but a vindictive attempt to circumvent election results and protect political patronage. The ...

The executive secretary of the Rochester Housing Authority (RHA) has been charged with defrauding, and conspiring to defraud, the Rochester Housing Charities (RHC) as well as with obstructing the government’s investigation. Janis White, 58, of Rochester, faces a maximum penalty of ...