NY Daily Record Since 1908

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 ...

Further transformation of Rochester’s El Camino neighborhood kicked off on Thursday with the official groundbreaking of Pueblo Nuevo I. Pueblo Nuevo (“new town” in Spanish) is a $25 million redevelopment project spearheaded by Ibero-American Development Corp., the development arm of the ...

For nearly a half century, three generations of the Walther family have trumpeted the virtues of owning a home in Irondequoit. A whole lot of people now agree. Only two ZIP codes in the country are hotter than 14617, which encompasses a ...

We’ve all surely seen it: the For Sale sign goes up on a house in the neighborhood on a Thursday and, barely a week later, the SOLD placard has been attached. Such is the state of the real estate market ...

Lorraine Wolch, founder and president of LPWolch CPAs, P.C., has been elected president of the Estate Planning Council of Rochester for 2021-22. Wolch has nearly 40 years of experience as a CPA and is a former lecturer in taxation and ...

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

Monroe County has the lowest inventory of available homes for sale of any county in the state, according to January data from the New York State Association of Realtors. There was just a 1.4-month supply of homes for sale in ...

YAPHANK, N.Y. (AP) — An enclave of former summer bungalows, where Nazi sympathizers once proudly marched near streets named for Adolf Hitler and other Third Reich figures, is being forced to end policies that limited ownership to people of German ...

NEW YORK (AP) — An Airbnb host who was renting out her Trump Tower apartment is among the first to pay a fine to New York City under a law banning advertising listings for short-term rentals. The host and owner ...

WASHINGTON (AP) — U.S. sales of new homes shot up in March to the fastest pace in 8 months, as more Americans are upgrading their houses in a positive sign for the broader economy. The Commerce Department said Tuesday that ...

Spending months to find the perfect home in your price range, only to have your mortgage application rejected, or a home inspection turn up expensive repairs, is a nightmare — one that is coming true with increasing frequency, according to ...

Tagged with: home sales

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 ...