Jun 21, 2019

Median home prices inch higher as inventory remains low

New listings fell, closed sales fell, the months supply of homes fell and the median sales price rose. That’s the quick-hit synopsis of activity for May in Monroe County from the New York State Association of Realtors report released today. In other words, it’s status quo. New listings dipped year-over-year by 3.4 percent (to 1,275) […]

May 30, 2019

Area construction employment growth highest in state for April

Rochester-area employment in construction-related fields in April experienced year-over-year growth of 10 percent, the largest jump among 15 metro markets in New York State. There were 2,000 more construction workers last month than in April 2018, which boosted the total in Rochester to 21,700, according to an analysis of federal employment data by Associated General […]

May 24, 2019

Report: Rochester continues to lose residents

The city of Rochester has lost nearly 4,300 residents since 2010, new data from the U.S. Census Bureau shows. The American FactFinder annual estimates of resident population estimated 206,284 residents in the city of Rochester last year, compared with 210,565 in 2010. The only year in the last decade with population growth in the city […]

May 20, 2019

Reimagine the Erie Canal gets task force, new goals

More than two centuries after the first shovels hit the ground to build a 363-mile channel connecting the East Coast to areas in the Midwest, Gov. Andrew Cuomo is launching a major initiative to explore the reimagining of the Erie Canal as a catalyst for economic growth. The sweeping initiative will examine ways in which […]

May 17, 2019

Rochester’s budget: More body cameras, slightly higher cost for homeowners

Mayor Lovely Warren’s proposed $552 million spending plan for fiscal year 2019-20 will cost the typical Rochester homeowner $49.56 more a year but closes to zero the $38.7 million gap faced when the budgeting process began. The city also said a typical business (with an assessed property value of $285,200) will pay $450 less during […]

May 9, 2019

Local food and sustainability now hallmarks of UR dining program

One thing Cam Schauf knows after decades of running dining services at the University of Rochester: don’t change things up too much in April or May. This high-stress period at the end of second semester is not the time to experiment at the expense of comfort food offerings. “I’ve had some students come in on Steak Night […]

May 6, 2019

Nationwide Precision Products to close in August

Nationwide Precision Products, a Henrietta-based machining manufacturer that opened for business in 1965, will close in late summer and lay off all 50 employees. A Worker Adjustment and Retraining Notification (WARN) posting says layoffs will begin on Aug. 1. The firm’s machining capabilities focus on small precision parts, ranging from screw type to large prismatic […]

May 2, 2019

No tax-break repercussions for Frontier after layoffs in Henrietta

While 350 new jobs were tied to a 2015 Frontier Communications expansion project that received a tax break from Monroe County, there was no requirement that any or all of those employees be retained for any specified length of time. Thus, Frontier faces no repayment repercussions after announcing on Wednesday that 280 employees would be […]

Apr 26, 2019

RIT’s Munson discusses joys, challenges of his time in Rochester so far

Rochester Institute of Technology, with its more than 19,000 students and focus on career-minded majors and job creation, is the fifth-largest employer in the Rochester area. Locally the university employs 4,123 people with the vast majority of those in full-time jobs. RBJ Reporter Diana Louise Carter and Editor Ben Jacobs sat down in March with […]

Apr 22, 2019

Rochester posts largest percentage gain in year-over-year construction hiring

Construction employment in the Rochester area increased by 10.2 percent year over year, the largest percentage increase posted in the state’s 15 metropolitan statistical areas. There were 20,600 construction jobs in Rochester in March, up 1,900 from March of 2018, according to Department of Labor data from state and federal surveys. That’s the most people […]

Apr 18, 2019

CallVista’s impending closing means 75 more jobs lost in Henrietta

The expiration of a lease and an overabundance of staff members at other call centers has prompted the closing of a Henrietta-based business, meaning 75 employees will be looking for jobs. CallVista, a call center working exclusively with Internet-based marketing clientele, will close on July 15. No jobs at CallVista will be retained but employees can […]

Apr 17, 2019

Realtors report: Buyer demand still strong when the right house is available

Despite a continuing shortage of homes on the market, buyer demand remained strong in the first quarter of 2019, according to the latest Marketwatch Report by the Greater Rochester Association of Realtors (GRAR). Available homes for sale in the region fell 10.1 percent to 2,642, while closed sales fell 9.3 percent to 850. The area […]