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Commercial Real Estate

A Long Island investor paid $3 million for a Pixley Road property that has been home to Burger King for 50 years. (Photo by Kevin Oklobzija)
Jul 17, 2026

Fast food property in Gates sells for junior whopper of a price

A Burger King property in Gates sold for $3 million to Tudor Station Plaza LLC, marking a quick resale within five months.

Marriott-Greece
Apr 28, 2026

Lender files foreclosure action on Rochester Airport Marriott

The Marriott hotel in Greece is facing foreclosure proceedings, three years after it was sold by its Rochester developer.

Crescent-Beach-4-23-26
Apr 24, 2026

Judge rules mortgage lender can proceed with Crescent Beach foreclosure

Casciani Construction Co. and the firm's president, John Casciani, have been given the legal go-ahead to foreclose on the Crescent Beach Restaurant property.

The Crescent Beach Restaurant in Greece. (File photo by Kevin Oklobzija/The Daily Record)
Feb 9, 2026

Contractor challenges loan priority in Crescent Beach foreclosure

Genesee Construction claims the Crescent Beach lender is improperly reclassifying its mortgage to jump ahead of a $542K mechanic’s lien.

50-Chestnut
Dec 8, 2025

More downtown Rochester commercial space will convert to apartments

The new owner of the Columbus Building in downtown Rochester is planning to convert three floors of commercial space into more apartments.

Castle Pointe at Baywinde, a senior living facility in Penfield off Bay Road, has been sold for $14.29 million. (Photo by Kevin Oklobzija)
Oct 30, 2025

Two Penfield senior living facilities sell for $15.1M

Wegman Companies purchased two neighboring senior living facilities in Penfield, expanding its senior living portfolio in the Rochester area.

76-94-Anderson-Ave
Oct 7, 2025

Landmark Society wants court to void Rochester Planning Commission decision

The Landmark Society of Western New York is Rochester, claiming the city wrongly denied landmark status for the historic Cutler Mail Chute building.

50-Chestnut
Sep 15, 2025

Downtown Rochester apartment building sells for $2.7M

Excelsior Communities has finalized the purchase of a 13-story apartment building in downtown Rochester. Columbus Building Apartments LLC, an entity managed by Excelsior Communities, paid $2.7 million to 50 Chestnut […]

The lender on the Hungerford Building in Rochester has initiated foreclosure proceedings. (Photo by Kevin Oklobzija)
Sep 5, 2025

Historic Hungerford Building in Rochester faces foreclosure

The Hungerford Building, once a thriving home for creatives in Rochester but now a symbol of urban real estate neglect, is facing foreclosure.

The lender holding the mortgage on the Hilton Garden Inn at 155 E. Main St. in Rochester has filed foreclosure papers, alleging default on the loan. (Photo by Ben Jacobs)
Aug 28, 2025

Junior lienholder alleges Hilton Garden Inn foreclosure is a ‘sham’

The borrowers who owe nearly $10.5 million on a Rochester hotel mortgage are allegedly behind the foreclosure — against themselves.

Downtown Rochester's Clinton Square building. (Photo provided by Riedman)
Jul 17, 2025

Lenders take significant loss on Clinton Square in Rochester

Riedman bought downtown Rochester’s Clinton Square for $11.5M, far below the $32M owed, meaning lenders face a $20 million loss.

Downtown Rochester's Clinton Square building. (Photo provided by Riedman)
Jul 9, 2025

Riedman buys Clinton Square, will convert top floors to apartments

Riedman plans 100+ apartments on the top seven floors of Clinton Square in downtown Rochester while keeping office space below.

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