The city of Rochester is hosting a charrette to get ideas from citizens and stakeholders for the future of the El Camino Revitalization Area. The event will be from 8:30 a.m. to 4 p.m. Saturday, Nov. 7 at Roberto Clemente ...Read More »
Midtown Tower280 lines up first tenant
The first official retail tenant for Tower280 at Midtown will be Branca Italian Restaurant, opening its second location on the northwestern corner of the tower, occupying approximately 4,500 square feet. The announcement was made Monday by developers Buckingham Properties and ...Read More »
NY redacts SUNY legal contract
ALBANY — The State University of New York has hired a Manhattan law firm for up to $1.5 million but so far state officials and the firm aren’t talking about it, or whether it’s related to a federal investigation of ...
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Yuan devaluation could weigh on Chinese buyers of US homes
Shanshan Wu already owns three houses back home in China. But the 36-year-old has spent the last two months in Chicago shopping for a three-bedroom. She’s got cash to spend – up to $400,000. And she’s not done. “The real ...Read More »
NY unemployment lowest in more than 7 years
The statewide unemployment rate decreased from 5.4 percent to 5.2 percent in August, reaching its lowest rate since May 2008, according to preliminary figures released Thursday by the state Department of Labor. New York City’s unemployment rate also dropped over ...Read More »
RG&E supporting Midtown development
Officials from Midtown Tower LLC Tuesday received a ceremonial big check from Rochester Gas & Electric. The $500,000 grant will support electric infrastructure improvements made during the $59 million renovation of the 17-floor, 408,904-square-foot Tower at Midtown, 280 E. Broad ...
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City seeking developer for Midtown Rising parcel
The city of Rochester has issued a request for proposals for the development of a 0.79-acre site known as Parcel 2 at 260 E. Broad St. at the Midtown Rising site. “The release of this Request for Proposals is an ...Read More »
Proposed legislation would help small businesses expand
U.S. Sen. Kirsten Gillibrand was in Greece Tuesday to announce new legislation to help small businesses expand their advanced manufacturing operations and create and keep high-paying, high skilled manufacturing jobs in the United States. Speaking at Intrinsiq Materials, she introduced ...Read More »
Comptroller says high home foreclosure level persists
ALBANY — The foreclosure crisis persists in New York, even worsening in some suburban and upstate areas, the state comptroller reported Monday. Filings against homeowners unable to make mortgage payments spiked after the housing bubble burst in the 2008-2009 recession, ...
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9 charged with making $100M using hacked press releases
NEWARK, N.J. — An international web of hackers and traders was charged by U.S. authorities Tuesday with making $100 million by breaking into the computers of business newswire services, reading corporate press releases before they came out, and then ...
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China’s move to devalue currency could reverberate globally
BEIJING — China’s surprise move Tuesday to devalue its currency has intensified concerns about the world’s second-largest economy, whose growth has reached a six-year low. It may also fan political tensions with the United States and Europe, whose exports could ...
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Higher wage push ignites worry about enforcement
NEW YORK — As a campaign to raise the minimum wage as high as $15 has achieved victories in such places as Seattle, Los Angeles and New York, it has bumped up against a harsh reality: Plenty of scofflaw businesses ...
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