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Author Archives: Andrea Deckert

Home sales dip, median price rises in Q4

Area home sales decreased 0.5 percent in the fourth quarter compared with a year ago, the Greater Rochester Association of Realtors Inc. reported Thursday.

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City working on options for run-down Chestnut Street building

Rochester officials are working on options to redevelop a longtime vacant, decrepit building in the heart of downtown surrounded by a number of renovation projects. The nine-story building at 65-67 Chestnut St. is in tax foreclosure, and Baye Muhammad, the ...

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Work to begin on $50 million housing project

Work is about to begin on Upper Falls Square, a $50 million affordable housing project at Cleveland Street and Hudson Avenue. DePaul Community Services Inc. and Christa Construction LLC are working together on the project. SWBR Architecture, Engineering & Landscape ...

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COMIDA OKs breaks for $3.3 million bowling center

Radio Social LLC was approved for tax breaks by the County of Monroe Industrial Development Agency Tuesday for its new $3.3 million bowling center in the city.

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FluxData acquired by U.K. firm

FluxData Inc. has been acquired by Halma PLC, a United Kingdom-based safety, health and environmental safety group.

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Norman Leenhouts had a wide impact

One word never used to describe Norman Leenhouts was “pretentious.” When Mr. Leenhouts was taking Home Properties Inc. public in the mid-1990s, the investment bankers involved in the deal wanted him and his team to fly to New York City ...

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Penfield company builds on solid foundation

At the cornerstone of Nicholas DeRisio’s business is the belief everyone should be treated fairly and honestly. “Customer satisfaction is our top priority,” said DeRisio, the owner and president of DeRisio Construction Inc. “We don’t just say it, we mean ...

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Brownfield cleanup complete at Pinnacle North site

Pinnacle North, the $120 million mixed-use development project on the north shore of Canandaigua Lake, has completed the brownfield cleanup on the site’s 21 acres of land across from Kershaw Park in Canandaigua.

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OptiPro Systems receives federal honor

OptiPro Systems LLC received the 2016 Tibbetts Award for its achievements in innovation and job creation as a participant in the federal Small Business Innovation Research program.

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Royal Oak buys Wis. property

Royal Oak Realty Trust Inc. recently acquired its 14th building in a $9.3 million deal that adds a seventh state to its portfolio. The private real estate investment trust acquired Miniature Precision Components Inc.’s headquarters and primary manufacturing facilities in ...

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Constellation Brands beats expectations for Q3 profit, sales

Constellation Brands Inc. on Thursday reported an increase in third-quarter profit and sales, beating Street estimates. Net income attributable to Constellation Brands was $406 million, or $1.98 a share, versus net income of $270.5 million, or $1.33 a share, a year ago.

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