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Real Estate

Rochester region homes sales fall, prices rise

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Home sales fell 17 percent in the first quarter in the Rochester region compared with a year ago, the Greater Rochester Association of Realtors Inc. reported Thursday. The median sales price, however, jumped nearly 7 percent during the period. A ...

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Pittsford homeowners among the least overleveraged

With mortgage rates hovering near historic lows, some consumers may be tempted to buy a home outside their budget. But not in Pittsford. In WalletHub’s 2017 Home Overleverage Report, an analysis of more than 2,500 U.S. cities and towns found ...

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Most readers support plan for Parcel 5

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A large majority of respondents to this week’s RBJ Snap Poll supports the city of Rochester’s decision last week that Parcel 5 at Midtown will be home to the Golisano Center for the Performing Arts and Tower with housing, retail shops, restaurants and additional parking.

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Building techniques provide healthier homes

When her infant daughter was diagnosed with cancer 20 years ago, Deborah Denome rolled up her sleeves and began greening her home. “She’s fine now, but that was my turning point,” says Denome, director of Shimmering Light Farm & Renewal ...

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Nazareth College breaks ground on $15.5M Glazer center

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Nazareth College broke ground Monday on the $15.5 million Jane and Laurence Glazer Music Performance Center on Monday.  The center is expected to open next spring. The 550-seat music venue is named for the late Jane and Laurence Glazer, two ...

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Conduent to move employees to Medley Centre complex

Conduent Inc. will locate to the former Macy’s building at the Medley Centre complex in Irondequoit, moving its operations there from Webster. The deal will shift 350 call center employees from Webster to the Medley Centre and will create an ...

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Golisano Center selected for Parcel 5

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Parcel 5 at Midtown will be home to the Golisano Center for the Performing Arts and Tower with housing, retail shops, restaurants and additional parking, city leaders announced Friday. The $130 million project is a joint venture between Morgan Communities ...

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The Cornerstone Group moves into Brighton building

The Cornerstone Group Ltd. recently purchased a building on White Spruce Boulevard in Brighton that is now serving as its new location. Cornerstone moved its main offices to the building in March following a renovation of a portion of the ...

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Fairport association aims to transform local church

The Fairport Perinton Merchants Association has committed up to $50,000 to the effort to preserve the Fairport First Baptist Church and transform it into a center for performing arts. The initiative is being undertaken by the Fairport Perinton Partnership for ...

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Alexander Commons holds opening

A new affordable housing development on Alexander Street celebrated its completion Wednesday. The Alexander Commons across from Monroe High School features 60 one-bedroom apartments, with 30 units designated for people coping with mental health disorders and 30 units directed to ...

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Wilmorite buys Macy’s building in outlet conversion

Wilmorite Inc. has purchased the Macy’s building at Marketplace Outlets as part of the mall’s conversion to an outlet center, officials said Tuesday. The Macy’s building and parcel are key to attracting signature outlet retailers to the project. Initial plans ...

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Plans revised for Cobbs Hill Village

Plans for a senior housing complex near Cobbs Hill have been revised to address concerns from the community, including lowering the height and reducing the number of units. Cobbs Hill Village currently features 60 motel-style apartments that date back to ...

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Monroe County No. 2 for home ownership

Monroe County ranks among the best places to own a home in New York, according to research from a financial technology company. Monroe County ranks second in the state, following Allegany County, according to Smart Asset’s third annual study. The ...

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Broadstone gets new CEO; Tait shifts her post

Broadstone Real Estate LLC has changed its management structure. Broadstone co-founder Amy Tait has been named executive chairman and chief investment officer of Broadstone Real Estate and its entities. She previously served as chairman and CEO. Tait said her new ...

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Precision Optical to expand at Eastman Business Park

Precision Optical Transceivers Inc. is expanding into Eastman Business Park to take advantage of the new photonics center on that campus. “Our company has been growing rapidly, so expansion was inevitable,” CEO Todd Davis said. Precision Optical is based in ...

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