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Real Estate

Jim Ryan Jr. a leader at Ryco as he was on football field (access required)

Jim Ryan, Jr. of Pittsford is the CEO of RYCO Managment

Following in father’s footsteps has been a tradition in the James Ryan family. It began with football at Brighton High School, where having a Jim Ryan lining up under center every 30 years or so was the norm. It continued ...

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Robert Morgan faces lawsuit from brother and partner Herbert (access required)

Robert Morgan

Robert Morgan, CEO of Morgan Management, is being sued by his brother—who is also his business partner—for $4.8 million, according to documents filed Friday in state Supreme Court in Monroe County. The lawsuit alleges Morgan, and/or management firms he is ...

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Now’s the time to sell a house, realtors say (access required)

The living room of one of the homes that will be part of Homearama '18 that runs Aug. 18-26 (photo by Kevin Oklobzija).

When it comes to real estate, it’s a good time to be selling a moderately priced house. Multiple offers are common, the median sales price is 98 percent of list in Monroe County—with many homes selling above asking price—and buyers ...

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RYCO management adds partners, properties (access required)


RYCO Management LLC is adding two partners and expanding its property footprint in its Pittsford neighborhood as well as into Brighton. James Ryan III and his wife, Lauren Sands, will acquire the interests of former RYCO partner John Anderson, who ...

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Fannie Mae says it’s tied to one loan linked to indictment against Morgans (access required)


The Federal National Mortgage Association has advised investors that one loan backing a Fannie Mae Guaranteed Multifamily Security is secured by a property identified in the federal indictment involving Morgan Management employees and business associates. Fannie Mae made the disclosure ...

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More homes on market, sale prices climb in Monroe County (access required)


The number of homes on the market in the Rochester area in June rose 11 percent month over month, and 3.9 percent year over year, according to reports released today by the New York State Association of Realtors (NYSAR). While ...

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Home builders group: Housing market feels impact of timber tariffs (access required)

A grant for $612,000 is helping fund Stadium Estates Phase II and is part of nearly $4 million in grants secured by M&T Bank from the Federal Home Loan Bank of New York Affordable Housing Program (photo by Kevin Oklobzija).

A national home builders alliance says the impact of tariffs on timber are affecting housing construction. Total housing starts fell 12.3 percent nationally in June from the previous month, according to data from the Department of Housing and Urban Development ...

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Riedman Health Center opens in Irondequoit (access required)

The new Riedman Health Center in Irondequoit.

Rochester Regional Health’s new Riedman Health Center saw its official ribbon cutting on Wednesday, July 18, with the facility slated to begin taking patients on Monday, July 30. Located at the site of a former Tops Friendly Market at the ...

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Construction on The Eastman Reserve by PathStone begins (access required)


What has been a desolate parking lot at Eastman Business Park will soon become a 17-building development of mixed-income housing as well as commercial space. Groundbreaking for The Eastman Reserve, an undertaking of PathStone, began Wednesday afternoon along the western ...

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Construction begins on new Mindex headquarters (access required)


Construction is underway on the future home of Mindex Technologies in Alex Park, the former site of the Genesee Hospital campus on Alexander Street. Mindex will be located on the ground level of the 78,000-square-foot building at Alexander and Tracy ...

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Hunt Real Estate agents, employees will spend Thursday giving back (access required)


Showing homes will take a backseat to showing support for the community on Thursday when more than 250 Hunt Real Estate Corp. agents and employees team up with United Way chapters in Rochester, the Southern Tier and across New York ...

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Rental rates rise, but not as quickly as national trend (access required)


Average apartment rental rates in Rochester remain well below the national average—and less expensive than neighboring Buffalo and Syracuse—while the year-over-year increase also was not as steep as the national climb. The average price for an apartment in Rochester in ...

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Morgan Management project near Syracuse allowed to move forward (access required)


A Morgan Management project is back in motion in the Syracuse suburb of Fayetteville, a month after the village board of trustees suspended action on the endeavor because of a federal indictment involving executives from the real estate development company. ...

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City selects Home Leasing, 138 Monroe Ave projects for old Inner Loop plots (access required)


An LGBTQ-friendly apartment complex and adjoining pharmacy and a 101-unit apartment building that will also feature retail space are one step closer to becoming the next parts of the Inner Loop East Transformation Project. Rochester Mayor Lovely A. Warren announced that ...

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Average home sale price leaps 15.8 percent in Monroe County (access required)


The continuing lack of houses on the market in Monroe County contributed to a 15.8 percent jump in home prices compared to last year. The May housing market report from the New York State Association of Realtors (NYSAR) shows the ...

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