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

The city of Rochester will use $13.3 million to build 100 single-family affordable houses, helping to correct the wrongs made by redlining.

There was a time when Ben Garvey envisioned himself doing something in golf as a career. He had worked at Gowanda Country Club, not far from his home in the Erie County hamlet of Derby, and also spent 14 months ...

New listings on the Monroe County real estate market showed a moderate increase in March and the figure was not that far off of pre-pandemic numbers.

Rapidly rising interest rates haven’t slowed buyer demand in either the residential or commercial real estate sectors, at least not yet. Home mortgage rates have pushed past 5 percent for a 30-year mortgage and could rise another 2 or 3 ...

City and county officials hope that the establishment of a new online real estate data base will lead to a reduction in "zombie" and vacant properties.

Landlords who accepted rent payments through the state’s Emergency Rental Assistance Program (ERAP) are being reminded that it is illegal to raise rent for 12 months. New York Attorney General Letitia James issued the reminder advisory on Monday, warning that ...

Rochester developer Robert Morgan went from facing a litany of federal charges in an alleged $500 million real estate fraud scheme to a guilty plea on one single felony count of conspiracy to commit wire fraud.

Median rental rates in Rochester jumped by 11.4 percent year-over-year in March, according to the monthly report from Realtor.com. The overall median rent in Rochester climbed to $1,333 (a combination of studio, one-bed room and two-bedroom rates). One-bedroom rates experienced ...

Meadow Reserve at Irondquoit, a $20.4 million affordable and supportive housing community for seniors, officially opened on Thursday. Developed by Rochester Management, Inc., Meadow Reserve provides 80 affordable housing units for residents 55 and older. Half of the units are ...

What began nearly four years ago as an alleged massive fraud conspiracy is about to end with a lenient sentence for the man who government prosecutors once claimed was a mastermind of sophisticated criminal activity within his real estate enterprise. ...

Cook Properties has become the largest owner/operator of manufactured housing communities in New York after the acquisition of a 54-park portfolio from Caledonia-based Affordable Great Locations. The purchase, which includes 2,300 pads, is a joint venture partnership with Waterfall Asset ...

The Golisano Community Engagement Center at Roberts Wesleyan College aims to create a bridge between higher education and the local business community.

When Kim Chizak and Robb Everhart walked away from what they considered to be a rigid corporate structure in the mortgage industry to start their own firm, they wanted to provide something different to homebuyers. If they made what can ...

KORE, an Internet of Things solutions and management services firm, is growing in the Rochester area

The number of new listings rose in Rochester in March, a rarity during this prolonged period of low inventory and frenzied home buying, but houses still continued to sell at a rapid pace. New listings climbed by 7.2 percent year ...