The $29.1 million loan on one of the few remaining properties wholly under the management of Robert Morgan’s Morgan Communities went delinquent in August and the lender is preparing to foreclose, according to the latest advisory from Trepp. Rivers Pointe ...
Tagged with: Real Estate
Read More »
A Rockland County-based real estate investment firm has bought eight apartment properties that were formerly owned and managed by developer Robert Morgan. Berkley Properties LLC of Nanuet earlier this month completed the purchase of Wedgewood West in Henrietta and Brockport ...
Tagged with: Real Estate
Read More »
Kevin Momot is proof that you can go “home.” Six years after leaving The Daily Record, Momot has returned. Only this time, instead of overseeing operations for just one publication, he’ll be publisher and sales director of both the Rochester ...
Read More »
Neighbors of the now-vacant Colgate Rochester Crozer Divinity School are suing the City of Rochester, the city’s manager of zoning, a developer and the school itself, claiming environmental concerns were ignored and policy violated when rezoning of the site cleared ...
Read More »
The Rochester area has the lowest risk in the nation of a housing-market downturn when the next recession hits, according to analysis by Redfin. The technology-powered real estate brokerage says the next recession most likely will not have a great ...
Tagged with: Real Estate
Read More »
Monroe County, at the direction of County Executive Cheryl Dinolfo, has filed suit against New York State and Gov. Andrew Cuomo, saying the new law allowing driver’s licenses to be issued to undocumented immigrants is unconstitutional and forces county employees ...
Read More »The final defendant in a scheme to defraud Xerox Corp. out of millions of dollars in printer toner was sentenced to 18 months in federal prison and ordered to pay restitution. Robert Fisher, 79, of Daytona Beach, Fla., was convicted ...
Read More »
The minus sign (-) continues to be the most-used character in the monthly housing market report for Monroe County compiled for July by the New York State Association of Realtors. New listings were down 3.1 percent (to 1,109) compared to ...
Tagged with: Real Estate
Read More »The Federal Mortgage Association, better known as Fannie Mae, has begun foreclosure proceedings on two Robert Morgan properties in the Rochester area. The lawsuits — filed in state Supreme Court in Monroe County on Thursday — claim executives for, and associates of, Morgan’s now-crumbling ...
Read More »
The supply of homes on the market in July dropped 3.4 percent nationally in a year-over-year comparison, and the Rochester market saw the second-largest decline in the country. There were 1,841 homes for sale in the Rochester metro area in ...
Tagged with: Real Estate
Read More »
Move over, Pittsford and Perinton. And you, too, west side suburbs. The “hottest” area for real estate in the Rochester area is ZIP code 14609. Realtor.com says 14609 is the fifth-hottest ZIP code in the country. The zip includes Rochester’s North ...
Tagged with: Real Estate
Read More »
The Greater Rochester Association of Realtors (GRAR) was encouraged by the region’s first second-quarter bump in pending home sales in four years, but inventory remains scarce in Monroe County. Pending home sales inched upward in the second quarter of 2019, ...
Tagged with: Real Estate
Read More »
NY Daily Record Since 1908