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

In the 1970s and early 1980s, New York City’s Bryant Park was a dangerous place to be. Whether people were walking through the park next to the New York Public Library, or along the streets nearby, they risked becoming victim ...

Tagged with: Bryant Park Buffalo Canalside Dan Biederman downtown Jaymes Keenan Ken Greene Manhattan New York New York City Rochester

Rochester members of the United Auto Workers are on strike with thousands of others across the country, protesting lack of progress on a labor contract with General Motors. Dan Maloney, president of UAW Local 1097 in Rochester, said presidents from ...

Tagged with: Dan Maloney General Motors GM strike UAW United Auto Workers

The Rochester area has the lowest risk in the nation of a housing-market downturn when the next recession hits, according to analysis by Redfin. The technology-powered real estate brokerage says the next recession most likely will not have a great ...

Amid speculation of an impending economic recession comes conjecture that the manufacturing sector already is in recession, based on certain metrics. Factory activity in August reached its lowest Purchasing Managers Index (PMI) in nearly a decade, according to a monthly ...

Tagged with: glassdoor ihs markit ism recession

The national housing market may be slowing and still-low mortgage rates aren’t nudging potential home-buyers toward a purchase, the National Association of Home Builders says after analysis of a recent poll. The number of adults considering the purchase of a ...

The minus sign (-) continues to be the most-used character in the monthly housing market report for Monroe County compiled for July by the New York State Association of Realtors. New listings were down 3.1 percent (to 1,109) compared to ...

Coast Professional just keeps growing, and the Geneseo-based firm continues to do so faster than most companies in the area. For the sixth consecutive year, Coast Professional landed on the Inc. 5000, a ranking of the fastest-growing, privately held, for ...

The supply of homes on the market in July dropped 3.4 percent nationally in a year-over-year comparison, and the Rochester market saw the second-largest decline in the country. There were 1,841 homes for sale in the Rochester metro area in ...

Foreclosure activity in Monroe County rose slightly in the second quarter of the year and jumped dramatically compared to 2018, the opposite of the national trend. There were 496 properties in Monroe County with default notices, scheduled auctions or bank repossessions in ...

Attitudes toward undocumented farmworkers in New York have improved over the course of a decade, according to a survey and study conducted by the Community and Research Development Institute (CaRDI) at Cornell University. The researchers published the findings in a ...

Tagged with: CaRDI Community and Research Development Institute Cornell University Farmworkers Mary Jo Dudley polls undocumented workers

Median rent in the Rochester area increased faster than both the national average and statewide average between July 2018 and July 2019, according to a report issued Thursday by Apartment List. The median rent in Rochester — $780 for a ...

The Greater Rochester Association of Realtors (GRAR) was encouraged by the region’s first second-quarter bump in pending home sales in four years, but inventory remains scarce in Monroe County. Pending sales bumped upward by 1.6 percent for the 11-county region. ...

When Gov. Andrew M. Cuomo signed the Farmworkers Bill into law last week, farmworker advocates were cheered, and many farmers were seriously dismayed. The new law goes into effect Jan. 1, 2020, and would require overtime pay for workers after ...

Tagged with: agriculture Andrew Cuomo Brian Manktelow farm workers John Marsella John Sorbello labor legislation Librada Paz Pamela Helming

For 25 years, John Terrigino has been serving up burgers, reubens, soups and omelets on the ground floor of the First Federal Building. Even when the lunch line was long and the grill was overloaded, he has always had a ...

Three months after Allendale Columbia School and the Harley School announced they planned to merge, Allendale Columbia has pulled out of the deal. Allendale Columbia announced Tuesday morning that it has decided to launch a vigorous fundraising campaign to keep ...