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 ...Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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- ...Read More »
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, ...Read More »
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 »
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 CollegeRead More »
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: RGERead More »
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 ...Read More »