Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

The vast majority of Rochester-area ZIP codes fared better than the national average when it comes to seriously “underwater” properties. The Year-End 2018 U.S. Home Equity & Underwater Report released this week by Attom Data Solutions revealed that 8.8 percent of ...

Phase Two of the 96-unit Azalea Village has been completed in the Town of Webster and will provide housing to seniors 55 and older. The $21.6 million affordable housing community consists of two identical, two-story buildings. Apartments are available for ...

The husband and wife team of Teon and Autumn Kowalyk are bringing a different type of fitness training to the Wayne County Town of Ontario. Eupraxia, an instructor-led group fitness experience, will open on March 1 at 1418 Route 104. ...

Donald P. Nims has been named 2018 Engineer of the Year and Brett Eliasz the 2018 Kate Gleason Young Engineer of the Year by the Rochester Engineering Society. Nims, a principal at Bergmann, is the firm’s practice leader in the ...

Matthew Mitchell’s first introduction to the marketing firm Corporate Communications, Inc., came in 1996 when he was a co-op student from Rochester Institute of Technology. Now he runs the company. Mitchell recently was named president of Corporate Communications, a digital marketing ...

The creation of the Arbor Creek Townhomes community in the Village of Webster, a Pride Mark Homes, Inc., undertaking, is well underway. The first two phases of townhomes in the 55-plus housing development sold out, and construction continues on soon-to-be-occupied ...

Parker Hannifin Corp., whose global operations include manufacturing facilities in Fairport, Clyde and Marion, today reported year-over-year rises in sales and revenues for fiscal 2019 second quarter that ended on Dec. 31. Second quarter sales increased 3 percent to $3.47 ...

Rochester was one of 90 metropolitan areas in the country to experience at least an 8 percent year-over-year growth in construction jobs in December. Firms in the Rochester area employed 19,800 workers in December 2018, 1,500 more than in December ...

  A solid return on investments enabled Rochester Community Baseball Inc., to show a modest profit in fiscal year 2018, the seventh time in the past 10 years that the ball club has made money. Income from the team’s investment ...

During his 31 years as general manager of Blue Cross Arena at the War Memorial, Jeff Calkins helped bring some of the biggest musical and entertainment acts to Rochester. Now he’s going to be luring rising stars to the Roc ...

Rochester architecture, development and management firms piled up the hardware at the recent NAIOP Commercial Real Estate Awards Dinner in the Buffalo suburb of Depew. » SWBR was recognized for a pair of projects, winning the Best Industrial Development award ...

ROC the Future, a community-wide initiate that engages more than 100 organizations and individuals to collectively improve academic outcomes for students, has received a grant of nearly $75,000 from StriveTogether. StriveTogether is a national nonprofit working to build the capacity ...

Most of the more than 100 million people watching Sunday’s Super Bowl on CBS will be keenly interested in whether the Los Angeles Rams can defeat quarterback Tom Brady and the New England Patriots. The design team at CPL, however, ...

Unemployment is low, companies are still hiring, consumer confidence is quite strong and a leading local economist believes the Federal Reserve may back away from interest rate hikes, yet the local housing market could remain stagnant because of the same ...

Robert Morgan says claims that he misappropriated funds within his real estate empire by hiding the proceeds from the sale of four apartment communities in Texas—accusations made by brother Herbert Morgan last summer—are “patently false.” Those mismanagement accusations were part of ...