NY Daily Record Since 1908

The coronavirus pandemic has devastated the hospitality industry and exacerbated on some fronts the continuing decline of brick-and-mortar retail, but lenders still have their checkbooks open when it comes to commercial real estate investment. You may not want to propose ...

The tax plan proposed by President-elect Joe Biden could have a major negative impact on the commercial real estate industry. Biden’s proposal includes the elimination of like-kind exchanges, commonly referred to as a 1031 exchange, and would apply to real ...

A state appellate court has put in question two parts of a decision on the Whole Foods plaza litigation, ruling Friday partly in favor of a group opposing the size of the development on Monroe Avenue in Brighton. The decision ...

Tagged with: Brighton Grassroots Daniele Family Cos. Howie Jacobson Save Monroe Avenue Whole Foods William Moehle

By TIM REID and TAMMY COX Commercial property management is not for the faint of heart. Good property managers must have several skillsets. They are part construction manager, part accountant, part engineer, part psychiatrist, part interior designer and part landscape ...

The online auction for the historic Executive Building at 28-42 W. Main St. closed Thursday afternoon but the result was not immediately announced. A notice on the website at Auction.com noted only: “This property is in escrow. Once escrow has ...

A historic downtown office building with a storied past will be offered for auction online this week at a starting bid of $1.6 million. Auction.com set the asking price for the Executive Building at the heart of the Four Corners ...

Tagged with: auction

A six-story brick office building in Rochester will be auctioned by the state in December. The state Office of General Services is selling 305 Andrews Street, a 39,600-square-foot brick office building with a full basement.  With wireless networking, an attached 50- ...

The Seneca County Industrial Development Agency will host a public information meeting next month to discuss the immediate future of the former Seneca Army Depot. The meeting will begin at 10 a.m. on Saturday, Nov. 7, at Romulus Fire Hall, ...

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 ...

St. John Fisher College recently celebrated the opening of its new Integrated Science and Health Sciences building with a ribbon-cutting ceremony. The 31,000 square foot academic facility includes two 100-seat classrooms, teaching laboratories, a lab prep room, faculty offices, and ...

Tagged with: St. John Fisher College

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 ...

Tagged with: RGE

NOHMs Technologies Inc. is the recipient of a $1.64 million federal-private contract that will speed development of advance electric vehicle batteries and improve performance, affordability, and safety. NOHMs, with support from the US Department of Energy and the US Advanced ...