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COVID-19 Coverage

County eliminates restaurant permit fees for 2021 (access required)

Monroe County has eliminated restaurant and food service permit fees for 2021, enabling a sector of the business community hit hard by the COVID-19 crisis to save on expenditures. The elimination of the 2021 permit fee applies to all restaurants, ...

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How brands plan to navigate the Super Bowl in a year like no other (access required)

2020 was a disrupter of a year, and the unpredictability will continue well into 2021. Just as every person on the planet has had to adapt, brands were also forced pivot to remain relevant when people are changing their behavior ...

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After five-month shutdown, Hyatt prepares to reopen (access required)

In a sign that some normalcy may be returning to business travel, the Hyatt Regency Rochester will reopen its doors to guests on Feb. 22. The Hyatt has been closed since early October, when the COVID-19 pandemic stifled corporate travel ...

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COVID-19 affecting local banks’ commercial real estate lending strategies (access required)

Local lenders say the COVID-19 pandemic has altered the way financial institutions consider certain endeavors or projects, especially those involving office space or badly battered industries, but financing is still available for those seeking to take on major developments or ...

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Commercial real estate faring better than expected at pandemic’s onset (access required)

Commercial real estate continues to be a solid investment overall, even during COVID-19, those in the field say, with banks generally more willing to lend money to such projects now than they were at the start of the pandemic. Continued ...

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Report: Middle market M&A uptick expected in second half of 2021 (access required)

The mergers and acquisition market could heat up in the second half of the year, driven by successful efforts to contain the COVID-19 pandemic leading to improved public health, as well as motivation from those in the market to complete ...

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Some franchisees are finding space in a COVID world (access required)

As COVID-19 vaccinations roll out, business leaders are discussing the impact vaccines might have on their bottom line. “I had been hesitant to invest in additional equipment heading into 2021 because of my concerns, but since vaccines are approved and ...

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HUD renews local homeless assistance program grants (access required)

The U.S. Department of Housing and Urban Development (HUD) has awarded $2.5 billion to renew support to thousands of homeless assistance programs nationwide, including more than $13 million in the Rochester area. HUD’s Continuum of Care grants will provide critically ...

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Aqueduct project to create live-work hub (access required)

With remote work now a way of life for many, the developers of the Aqueduct Building district are joining forces with a progressive national real estate management firm to create a live-work hub in downtown Rochester. Peter Landers and his ...

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GRE achieves highest number of project ‘wins’ amid global pandemic (access required)

The Greater Rochester region benefitted from $550 million in capital investments last year, resulting in more than 2,100 new jobs across 34 projects. Working with governmental and community partners across the region and state, Greater Rochester Enterprise Inc. helped drive ...

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Collaboration a byword of nonprofits during pandemic (access required)

Every business and nonprofit organization has been affected by the pandemic that took the world by storm nearly a year ago, and each of them has had to make sacrifices or change the way they do business and interact with ...

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Dealing with climate change: We must ‘think big and think fast’ (access required)

The age of climate denial and inaction in the United States is finally coming to an end. Survey results released in January from the Yale Program on Climate Change Communication and the George Mason University Center for Climate Change Communication ...

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Being a ‘good guy’ is not enough to keep your company compliant (access required)

In 2001, Vincent Calarco was riding high. His hard work and business savvy had put him atop Crompton Corporation — a multinational specialty chemical manufacturing company with nearly $4 billion in annual sales. Just one year later, his Connecticut home ...

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