It could be that last year at this time, home sales for the first three quarters of the year had increased to traditional levels experienced before the economic slowdown. It could be the dismal weather the region is experiencing, particularly ...
Read More »Survey shows optimism in real estate market
A new national real estate forecast indicates renewed optimism for growth in commercial real estate and even stronger expectations for housing than those made just six months ago. According to the latest semi-annual Urban Land Institute/Ernst & Young forecast released ...
Tagged with: optimism
Read More »RealtyTrac: US home repos fell in March
LOS ANGELES — The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation’s foreclosure crisis is abating amid an improving housing market. While some ...
Read More »County hopes to auction some city properties
Monroe County is looking to auction off three of its properties that make up more than 500,000 square feet of space in the city, including a key portion of the ill-fated Renaissance Square project. On Tuesday, legislators set a public ...
Tagged with: auction Monroe County
Read More »Work on upscale Pittsford project begins
With approvals all squared away, construction has begun on the Kilbourn Place project, which was first proposed seven years ago. Riedman Companies is developing 41 luxury townhomes and manor and carriage homes on nearly 5 acres of land on East ...
Read More »Carriage Factory holds groundbreaking
Local officials gathered Thursday for a groundbreaking ceremony at the long-vacant Cunningham Carriage Factory, which is being converted into Carriage Factory Apartments. Joining Mayor Thomas S. Richards were Lenny Skrill, assistant commissioner, state Homes and Community Renewal; R. Carlos Carballada, ...
Tagged with: apartments groundbreaking
Read More »First Niagara gives land for Buffalo med school
BUFFALO — The University at Buffalo’s plans to relocate its medical school have taken a step forward with the donation of land by First Niagara Financial Group. UB — which actually paid a dollar for the $2 million parcel — ...
Tagged with: University at Buffalo
Read More »Real property damage standard set
A seller suing for a buyer’s breach of a contract to sell real property was entitled to recover the difference between the contract price and the fair market value of the property at the time of the breach, the New ...
Tagged with: New York State Court of Appeals
Read More »Nothnagle’s new offices
Nothnagle Realtors recently opened three new locations in Amherst, Geneva and Naples. The Amherst branch officially opened for business on Friday at 5462 Sheridan Drive. Nothnagle entered the Buffalo market in February 2012 with the hire of Lisa Avery as ...
Tagged with: Geneva Nothnagle Realtors
Read More »Realtors join forces
Independent Broker Advantage Systems LLC, the technology arm of Nothnagle Realtors, and Real Estate Leadership have formed an exclusive affiliation to deliver growth strategies and technology to real estate brokerages across the country. IBAS offers Web-based technology built on proven ...
Tagged with: Nothnagle Realtors
Read More »Former Bagel Bin property sold
The former Bagel Bin property, at 2600 Elmwood Ave. in Brighton, has sold, according to listing broker Howard D. Kravetz of RE/MAX Realty Group Commercial Division. Buckingham Properties will be the managing partner; the seller was Brighton Commons LP. A ...
Read More »I-Square plan gets tax breaks
The County of Monroe Industrial Development Agency granted incentives for a $9.9 million mixed-used development in Irondequoit called I-Square. I-Square LLC is proposing to construct seven buildings, an outdoor amphitheater, parking and residential space as part of the plan. The ...
Tagged with: County of Monroe Industrial Development Agency tax breaks
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