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Real Estate

Prominent developer Costello dies

johncostello

Anthony Costello, the developer behind massive local projects including CityGate and the Reserve on the Erie Canal, has died, his company said Monday. Mr. Costello was the founder, chairman and CEO of the Costello Group and CEO of Anthony J. Costello & Son Development LLC.  

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Young Women’s College Prep to move to new site

Young Women’s College Prep, Rochester’s first all-girls charter school, announced its relocation Wednesday to a building better suited to its growing size and program needs.

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80 units headed to East End: DHD Ventures sees July opening for $9M project

An early July opening is planned for the Residences at the Columbus Building, a $9 million mixed-use renovation project at 50 Chestnut St. in the East End. Matthew Drouin, director of operations for DHD Ventures LLC, the project’s developer, said ...

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‘Environment of civility’ at workplace is the goal

Given the political climate and the upcoming presidential election, it is almost inevitable for workplace discussions to steer toward politics. At times the tenor of political conversations can lead to heated exchanges—ones most business leaders would prefer happened outside of ...

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Morgan Management builds executive team

As Morgan Management LLC adds to its local workload, including redeveloping buildings in the city for projects such as a charter school and luxury apartments, the Perinton firm also has expanded its management team. The company this week announced Ken ...

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Residential Real Estate Firms

Information was provided by company representatives who responded to an email survey. Ranked by number of full-time local agents. 2016 Rank Company 1  Nothnagle Realtors 2  Keller Williams Realty Greater Rochester 3  Hunt Real Estate ERA Columbus Division 4  RE/MAX Realty ...

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Broadstone buys Va. building leased by Wegmans

Broadstone Net Lease Inc., a private real estate investment trust managed by Broadstone Real Estate LLC, has acquired a property in Sterling, Va. tenanted by Wegmans Food Markets Inc. in a $27 million deal.

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People

The Rochester Business Journal accepts high-resolution color, digital photos with press releases three to four weeks before publication date. Send digital submissions to vspicer@rbj.net. Sage Rutty announces the following appointments: Carly Szydlowski, client experience coordinator; Amy Singer, financial services associate; ...

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Owning a second home as a winter escape: Is it for you?

As the snow flies, folks like Cheryl Escott are either preparing to spread their wings for the flight south or already settling into their nests in the sunshine. Escott owns a condo in Irondequoit, but spends as much as eight ...

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Vacancy rate dips for offices

The Rochester area is seeing a drop in downtown office vacancy rates and the increased need for construction in the industrial arena.

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Broadstone Net Lease buys Red Lobster properties for $74.4M

Broadstone Net Lease Inc. announced Tuesday the acquisition of 18 Red Lobster properties in 14 states. The properties were purchased through two separate sale-leaseback transactions for some $74.4 million.

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Residents to move into Tower280 next month

Tower280

The first residents at Tower280 will move in in less than a month, the developers said Monday during a media event at the former Midtown Tower site.

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