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Real Estate

COMIDA approves pair of Morgan developments

Two projects planned by entities of Morgan Management LLC—one in the East End and one in Henrietta—received tax breaks from the County of Monroe Industrial Development Agency this week.

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Tired stretch of East Main set for makeover

Like a puzzle with many parts, everything needs to fall into place if East Main Street is to be restored as the heart of downtown it once was for the city of Rochester.

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Business tenants excited about renovations

The Metropolitan is home to a cluster of commercial tenants, including technology companies, a law firm, an employee benefits firm, an advertising firm and a bank. 

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Dynamic redo transforms downtown tower

Weaving through a steady stream of construction crews that dot the downtown landscape, it is easy to see the area is in the midst of a renewal. What may not be apparent, however, is the equally important revitalization happening inside one iconic building. 

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Downtown’s revival gets praise, optimism

Thomas Masaschi has a long-term vision for the development of downtown. And five years in, the managing partner of DHD Ventures LLC is happy with what has been done so far. “I’m excited to see the new development downtown,” Masaschi ...

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Rochester downtown development event draws nearly 500 attendees

Downtown_development_breakfast17

More than 490 people attended the downtown development event Tuesday morning, part of the RBJ Power Breakfast Series. The panel included Buckingham Properties LLC managing partner Ken Glazer, who said: "I can see Rochester on the cover of a magazine in five years with the headline, 'Here’s a city that did it right.'"

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For many, green space a must for downtown

As many welcome what looks like the formative stages of a long-awaited renaissance in the center of Rochester, the phrase “open space” has been introduced into the conversation. Megan Douglas of the Manhattan-based advocacy group New Yorkers for Parks describes ...

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Busier downtown attracts millennials from suburbs

After busing from her Henrietta digs to her job in Rochester for two years, Cady Guyton pulled up stakes and moved downtown. “Rochester today is very different from the Rochester during the Kodak and Rochester heyday—it’s picking up on a ...

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Commercial real estate on the march downtown

As development in downtown Rochester marches on, efforts to transform downtown’s commercial spaces have begun bearing fruit. Overall vacancy rates fell last year, and various properties have signed new tenants or inked deals granting existing tenants more space. That progress ...

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REIT acquires facility

Royal Oak Realty Trust Inc. recently acquired the property on Lucius Gordon Drive in Henrietta where Hammer Packaging Corp. is located. The $7.1 million deal is the real estate investment trust’s first acquisition in 2017. Hammer Packaging, the former property ...

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ROCHESTERCHAMBERtop100-Culture, training are key for real estate firm

Charles Hilbert has a laser focus on growth when it comes to his real estate business. Among the keys to achieving success are having good people and creating a culture where they can thrive on the job, he said. “It’s ...

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Residential Real Estate Firms

Information was provided by company representatives who responded to an email survey. The survey area was Monroe, Genesee, Livingston, Ontario, Orleans and Waynes counties. Ranked by number of full-time local agents. 2016 Rank    Company 1  Nothnagle Realtors 2  Keller Williams ...

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Jay Birnbaum was well-known in real estate

Those closest to Jay Birnbaum described him as a no-nonsense businessman with a big heart and love for helping others. “He was a teacher at heart,” said his son, Bernard Birnbaum. “He loved to teach and help people.” Jay Birnbaum, ...

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Report: Inner Loop among nation’s worst urban highways

Rochester’s Inner Loop is one of America’s worst urban highways, according to a new report from the Congress for the New Urbanism. Freeways in Syracuse and Buffalo also were cited.

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