February 2 - 15, 2016

Digital Edition

Upstate New York

Brockport, NY Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, arranged the sale of two senior living communities in Upstate New York. The properties are Emeritus at Landing of Brockport, located at 90 West Ave., Brockport and Emeritus at Landing of Queensbury, located…Read More

Big Flats, NY TAYLOR, one of the leading regional general contractors, has begun construction on a design build project with local Horseheads-based developer L Enterprises. TAYLOR has teamed-up with Rochester-based CJS Architects for design of the new offices for Southern Tier Pediatrics at 3344 Chambers Rd. Construction work is underway, with a project completion date…Read More

The real estate market has been on the continuum of low overall capitalization rates (cap rates) driven primarily by the monetary policies of the Federal Reserve. It’s been a long time period, primarily since the financial meltdown in late 2008 and early 2009. Not only have the low interest rates been responsible for the most…Read More

Williamsville, NY Picone Construction Corp. has completed 12 Gates Brewing Company located at 80 Earhart Dr. The Brewery is designed as a production facility and tap room with light fare and snacks. Work included: select demolition, carpentry, millwork, concrete reinforcement and foundations, building insulation and metal roofing, door and frames, storefront, glass and glazing, drywall…Read More

Albany, NY The announcement by governor Andrew Cuomo of a $20 billion effort to provide housing and services to New York City’s burgeoning homeless population, and similar moves by Mayor Bill de Blasio, have thrust Urban Pathways (UP) into the spotlight. With the recent appointment of Urban Pathways chief executive officer Frederick Shack to the…Read More

Unlike residential real estate, commercial real estate can present a particularly difficult challenge in determining an estimate of value because of something called a strategic purchase. In this situation, the property has an exceedingly high intrinsic value for reasons particular to a single purchaser. In the days of rapid drugstore expansion, signalized corner locations were…Read More

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Upcoming Events

  1. AREAA NY Lunar Celebration

    February 18 @ 6:00 pm - 9:00 pm
  2. LIBOR Education

    February 19 @ 9:00 am - 5:30 pm
  3. NY Building Congress Breakfast

    March 3 @ 8:00 am