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Recent Articles from Rochester Business Journal Staff
William H. Goodrich
CEO & Managing Partner, LeChase Construction Services, LLC Years in current role: 16 What are the biggest challenges you see in your industry currently? As in many industries, the current economic landscape — with price escalation, interest rate hikes, supply chain uncertainty and labor shortages — continues to be a key challenge in construction. The […]
Personal Medicine of Rochester
Mitchell Ehrenberg, M.D. has joined Personal Medicine of Rochester and is accepting patients beginning June 1.
Todd M. Liebert
Chief Executive Officer, CPL Architecture, Engineering, Planning Years in current role: 8 What are the biggest challenges you see in your industry currently? Four things come to mind: rising construction costs, a lack of skilled workforce, supply chain disruptions, and limited access to power and natural gas. What do you think are the biggest real […]
RBJ Power 30 Construction and Real Estate
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David Riedman
President and CEO, Riedman Companies Years in current role: 30 What are the biggest challenges you see in your industry currently? Rising interest rates have obviously increased borrowing costs. They’ve also ignited a banking crisis resulting in a tightening credit environment. That, coupled with rising costs, will make it difficult to justify moving forward with […]
J. Michael Smith
CEO, THE CABOT GROUP Years in current role: 50 What are the biggest challenges you see in your industry currently? Because of the breadth of what we do, there would be three — the potential impact of inflationary pressures on operating costs and interest rates, the availability of an adequate workforce and the lack of […]
Charles Hilbert
Broker/Operating Principle, Keller Williams Realty Greater Rochester Years in current role: 15 What are the biggest challenges you see in your industry currently? There has been a shortage of housing inventory now going into its third year. Investors have purchased many of the first-time home buyer homes which has pushed prices up substantially and has […]
Cathy Bianchi
Regional Vice President, Howard Hanna Years in current role: 2 What are the biggest challenges you see in your industry currently? Lack of inventory. It was a perfect storm: potential sellers re-financing their homes to pull out equity and taking advantage of low interest rates. Additionally, we had multiple long-term renters who originally delayed first-time […]
Gregory Craig
Chief Executive Officer, DGA Builders, LLC Years in current role: CEO What are the biggest challenges you see in your industry currently? Material shortages affecting pricing and delivery schedules. A good example is large electrical switch gear, which could take a year to get delivered after shop drawings and submittal approval. What do you think […]
Thomas Gears
President/CEO, SWBR Years in current role: 6 What are the biggest challenges you see in your industry currently? The design process is highly collaborative, and we have leveraged cloud technology to enable us to “work from anywhere.” The challenge is to up our game on communication and mentorship so that we maintain close personal connections […]
Matt Squires
CEO, Manning Squires Hennig Years in current role: 8 What are the biggest challenges you see in your industry currently? The impending labor shortage in the construction industry is going to be a big deal. We need to continue educating the youth and trying to change the perception about careers in construction. Turns out you […]
Karl Schuler
President, TAYLOR – The Builders Years in current role: 20 What are the biggest challenges you see in your industry currently? State regulations; qualified applicants. What do you think are the biggest real estate and construction needs in Rochester? Developable land for both multifamily housing and manufacturing. What are the most common concerns you hear […]
