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Real Estate

Potential for crowdfunding in commercial real estate

Crowdfunding may soon expand its presence as a commercial real estate financing source thanks to the U.S. Securities and Exchange Commission. Recently, the SEC adopted final rules implementing Title III of the JOBS (Jumpstart Our Business) Act. Title III allows ...

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Auction for Executive Building ends in mystery, for now

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 ...

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Executive Building to be sold in online auction

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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 ...

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A high-tech kitchen can be a valuable improvement

Property experts agree – the room for owners to upgrade when renovating that provides one of the highest returns on investment is the kitchen, and “smart technology” is the top trend when updating the traditional center of the home. According ...

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Rochester office availability tightens slightly; rents show uptick

The Rochester office market ended the third quarter with a slight decrease in an availability rate as rental rates trended higher, according to the latest Savills Studley snapshot of the region. The commercial real estate services firm, which specializes in ...

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Affordable housing in Rochester? You bet!

It’s no Cleveland, but Rochester has made this year’s top 100 list for cities with the most affordable housing. The average listing price for a four-bedroom, two-bathroom house here: $120,018, according to Coldwell Banker’s annual Home Listing Report, released Tuesday. ...

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Rochester’s lead ordinance held as model

The City of Rochester’s landmark lead ordinance is being held up as a model for other cities tackling the issue of lead poisoning. Rochester has seen an 80 percent drop in the number of children with high lead levels since ...

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Want a tiny house? Businesses offer tryout first

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Hilary and Shane Lentz were hooked on the idea of a tiny house, but they weren’t sure the reality would be so appealing. Their curiosity led them to the hills of New Hampshire, where a business that started at Harvard ...

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City to auction more than 800 properties

ROCHESTER — City officials in Rochester are offering up more than 800 houses, commercial sites and vacant lots at foreclosure auction today. City Treasurer Kim Jones says more than $1.4 million is owed in taxes on the 803 parcels. Nearly ...

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Realities of Real Estate: Benefits of home ownership aren’t just financial

We’ve talked a lot about the financial advantages of home ownership. Even with the massive swings we’ve seen for real estate, home ownership, over time, remains one of the most secure ways to build long-term wealth. The combination of low ...

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Indoor air quality matters, too

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We spend approximately 90 percent of our time indoors, but we don’t completely understand indoor potential hazards. It pays to pay attention to indoor air quality. According to the Bureau of Labor Statistics, the first costs of construction account for ...

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