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Real Estate

Work to begin on $50 million housing project

Work is about to begin on Upper Falls Square, a $50 million affordable housing project at Cleveland Street and Hudson Avenue. DePaul Community Services Inc. and Christa Construction LLC are working together on the project. SWBR Architecture, Engineering & Landscape ...

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City working on options for run-down Chestnut Street building

Rochester officials are working on options to redevelop a longtime vacant, decrepit building in the heart of downtown surrounded by a number of renovation projects. The nine-story building at 65-67 Chestnut St. is in tax foreclosure, and Baye Muhammad, the ...

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RHA unveils renovated homes


The Rochester Housing Authority held a ribbon-cutting ceremony Tuesday for four renovated homes on Garson Avenue, near the Public Market.

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Brownfield cleanup complete at Pinnacle North site

Pinnacle North, the $120 million mixed-use development project on the north shore of Canandaigua Lake, has completed the brownfield cleanup on the site’s 21 acres of land across from Kershaw Park in Canandaigua.

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Royal Oak buys Wis. property

Royal Oak Realty Trust Inc. recently acquired its 14th building in a $9.3 million deal that adds a seventh state to its portfolio. The private real estate investment trust acquired Miniature Precision Components Inc.’s headquarters and primary manufacturing facilities in ...

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State funds awarded to improve area homes

Nearly $8 million in funds was awarded this week from a state agency to construct, rehabilitate and improve the homes of 295 income-eligible families across New York.

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Broadtree buys multifamily community in Atlanta area for $23.5M

Broadtree Residential, a private real estate investment trust managed by Broadstone Real Estate LLC, has acquired Somerset at the Crossings, a 264-unit multifamily community in Tucker, Ga., for $23.5 million.

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Rochester Eye & Laser completes upgrades

Encouraged by redevelopment of former Inner Loop land next door, Rochester Eye & Laser Center has completed an extensive upgrade of its facility at North Union and Charlotte Streets in the East End. 

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Taylor constructing Chili medical facility

Taylor, the Builders, has landed a contract to build the Fresenius Medical Care outpatient dialysis center on Scottsville Road in Chili. Construction is underway.

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SEC demands $16M from David Fleet

The Securities and Exchange Commission has ordered David Fleet, the dethroned Southern Tier low-income housing baron, to disgorge $15.9 million. The money is supposed to go to repay hundreds of small investors who lost money buying illegal securities Fleet sold ...

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COMIDA OKs tax breaks for former Frontier building downtown


COMIDA on Tuesday approved tax breaks to Three City Center Partners for the renovation of 180 S. Clinton Ave. As RBJ reported Friday, the developers are renovating the former Frontier building with plans to house M&T Bank Corp.’s Rochester headquarters in the top two floors.

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New tenants eyed for former Frontier building on South Clinton Ave.


The former Frontier building downtown soon could have new tenants—including M&T Bank Corp. Owner Three City Center Partners, a group that includes Robert Morgan of Morgan Management LLC and Peter Landers of Landers Management LLC, wants to redevelop the 200,000-square-foot office building.

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