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Real Estate

Transformation of once-secretive Kodak Hawkeye Plant is underway (access required)

The reincarnation of the long-dormant Eastman Kodak Co. Hawkeye Plant won’t possess the intrigue nor be classified top secret by the U.S. government—character traits in the building’s previous life. The site’s three-phase redevelopment project will, however, do wonders for the ...

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Report: Monroe County homes at least-affordable level in 10 years (access required)

Homes in Monroe County are at their least affordable level in 10 years and the average wage-earner can’t afford a median-priced house, according to a statistical analysis of wage and real estate information by Attom Data Solutions. Attom Data Solutions, ...

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Greece Chuck E. Cheese shows off rebranding (access required)

Chuck E. Cheese is getting a facelift. The company has started renovation of its more than 500 restaurants, and the Greece store at 3130 West Ridge Road is among the first dozen to receive a makeover. Corporate officials visited the ...

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$4.5 million in upgrades completed at Upper Falls apartment community (access required)

A $4.5 million renovation of Chatham Gardens has been completed, enhancing the interior of the 54-year-old apartment complex while also creating a fully accessible community center. The project was a joint venture of nonprofit housing agency Rochester Management and the ...

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Foreclosure activity climbs in August in Monroe County (access required)

Monthly foreclosure activity in Monroe County rose 2.5 percent in August but remained well below year-over-year figures as well as the national average. There were 164 total foreclosure actions in August in Monroe County compared to 160 in July. That ...

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Pathstone plans to turn Irondequoit Sears into senior housing (access required)

Amy Casciani grew up in Irondequoit and raised her children there, so she understands the status the old shopping mall once held in the town. “I know what the mall meant when it was up and running, and I especially ...

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Morgan buys East Avenue apartment building for $25.5 million (access required)

Morgan Communities recently completed the purchase of the Renaissance Apartments at 2500 East Ave. in Brighton and plans to revamp the building, starting with the name. The eight-story structure, built in 1974, is now called The Venue and is home to ...

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Freddie Mac: Mortgage rates hit highest mark since 2011 (access required)

  Buying a house costs significantly more today than it did a year ago, and not just because home prices have been on the rise. While the New York State Association of Realtors reported that median sales prices rose $4,900 ...

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Occupancy rates close in on 96 percent for Rochester-area apartments (access required)

Average rent prices in the Rochester area grew more slowly in the third quarter than they did nationally, while local occupancy rates virtually mirrored the national average. The average rent in the Rochester market climbed 1.5 percent to $995 in ...

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As home prices inch higher, affordability index bears watching (access required)

While the number of homes on the market in Monroe County remains low, prices are inching upward and fewer people statewide can afford median-priced houses. The median selling price for Monroe County climbed to $154,900 in August, up 3.3 percent ...

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Approval of Whole Foods project ‘energizes’ opposition (access required)

The Brighton Planning Board’s decision this week to approve plans for a Whole Foods grocery store on Monroe Avenue apparently won’t stop a community organization that is suing over the project. “They had a good inning,” said Howie Jacobson, the ...

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Masaschi, partner ask for more time to avoid foreclosure on Buffalo development (access required)

Rochester developer Thomas Masaschi and his business partner have asked state Supreme Court Justice Deborah Chimes to delay until late October a foreclosure action on a financially troubled Buffalo apartment complex so alternative financing can be secured, enabling them to ...

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JCC acquires 105 acres of adjacent property (access required)

The Louis J. Wolk Jewish Community Center of Greater Rochester will be exploring possible expansion projects after the acquisition of an additional 105 acres adjacent to the facility. The land, known as the “Farash Homestead,” is next to the JCC ...

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Judge rules Village of Pittsford must allow Westport Crossing to proceed (access required)

After 11 years, 150 public meetings and well over a million dollars in legal fees for all parties, Mark IV Enterprises says a judge’s ruling will finally allow construction on Westport Crossing Residential Community in the Village of Pittsford to ...

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Syracuse suburb puts kibosh on planned Morgan development (access required)

A Syracuse suburb has told Robert Morgan’s development company that it will no longer entertain his plans for an apartment complex and retail center on a vacant brownfield site. The Board of Trustees for the Village of Fayetteville informed Morgan’s ...

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