A New Jersey real estate investment and management firm has expanded its presence in the Rochester area with recent multi-family property purchases totaling $54 million.
Read More »Rochester rental rates jump significantly in March
Median rental rates in Rochester jumped by 11.4 percent year-over-year in March, according to the monthly report from Realtor.com. The overall median rent in Rochester climbed to $1,333 (a combination of studio, one-bed room and two-bedroom rates). One-bedroom rates experienced ...
Read More »The Daily Record’s Power 20 Real Estate Law 2022
The Daily Record is continuing to build on the Power List program with the Power 20 Family Law list.
Tagged with: nydr_power_list_real_estate_2022
Read More »City Council seeks public input on ‘good cause’ eviction legislation
The public can weigh in on the proposed Eviction Reduction Law that will be considered this month by Rochester City Council.
Read More »Home affordability concerns become more acute as prices climb
As the number of houses for sale remained at record low levels in Monroe County throughout 2021, prices continued to soar.
Read More »Homeowner Assistance Fund to alleviate default, foreclosure risk
New York State has launched the Homeowner Assistance Fund, a program with $539 million in funding designed to provide aid or other direct assistance to eligible homeowners.
Read More »National developer returns to refurbish Keeler Park Apartments
A national firm committed to refurbishing and re-creating affordable housing communities is returning to Rochester to embark on another project.
Read More »Amazon’s new facilities on target to open in Q4 of 2022
Two new Amazon facilities just 1.2 miles apart on Rochester’s west side are on schedule for the start of operations in the fourth quarter of 2022, the company says. Construction cranes surround the massive 2.6 million-square-foot warehouse and distribution center ...
Read More »2022 real estate forecast: Residential, calmer; commercial, tight; office, soft
Local residential real estate experts predict that the Monroe County real estate market will remain historically robust in 2022.
Read More »Gov. Hochul approves Rochester Housing Court Act
Local lawmakers and housing advocates believe the recent creation of a housing court within Rochester City Court will improve the quality of rental property, provide more effective enforcement of code violations and allow for consistency when it comes to settling ...
Read More »Small landlords say rent moratorium leading to foreclosure, affordable housing crisis
Rich Tyson remembers vividly the conversations that sparked his desire to buy rental property in the city of Rochester. He had been speaking with Tommy Davis, then the chaplain at the Monroe County Jail, about the legal system and what ...
Read More »U.S. Supreme Court allows evictions to resume during pandemic
WASHINGTON (AP) — The Supreme Court’s conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic. The court’s action ends ...
Read More »