Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

When the coronavirus pandemic essentially ended all in-person real estate dealings in late March, Cassandra Hayes wondered what would happen to the marketplace. If no one could walk through the front door to tour a house, if no one could ...

Over the years Michelle and Alex Wheeler have purchased properties in and around the city of Rochester, spruced them up and added them to their rental portfolio at High Falls Property Management. Now three months into their 11th year of ...

PathStone’s planned senior housing development in the former Sears building at the old mall in Irondequoit will be named by town residents through a contest. The project will create 157 units for seniors, helping the town of Irondequoit meet a ...

Michael Pinkowski, owner of SatisPie LLC, believes it makes more sense to invest in pie-making equipment and packaging than roof repairs and building upgrades. He also likes the idea of a balance sheet that shows no red, especially in a ...

With restaurants and a hotel scheduled to open later this year, the Lake House on Canandaigua resort has scheduled a virtual job fair April 23 to fill out the ranks at the resort. At the same time, the resort on ...

Tagged with: Constellation Brands job fair Kevin Kenyon Lake House on Canandaigua Sands Family Simon Dewar

Two prominent Buffalo real estate developers have joined forces on a $74.3 million portfolio investment in three former Robert Morgan apartment communities in the Rochester area. Sinatra & Co. Housing Group, LLC, and Nanco Associates formed the Greater Rochester Multifamily ...

Monroe County’s housing market should be fairly resilient in the wake of the coronavirus pandemic, according to a recent statistical analysis by Attom Data Solutions. Attom Data Solutions, a national property database curator, used fourth quarter foreclosure activity, estimated home ...

It seems like a simple enough observation:  “We don’t build 25-story buildings in this market anymore.” Those were the words of Heidi Zimmer-Meyer, president of Rochester Downtown Redevelopment Corp., explaining part of the success for converting Rochester’s tallest office buildings ...

Historically low mortgage rates have kept brokers and underwriters busy, with would-be homebuyers in the house-starved Monroe County real estate market bringing more buying power to the offer table. “Every time rates drop, buying power increases,” said Andy Kachaylo, president ...

HUNT Real Estate ERA was the top-ranked family owned realty firm headquartered in New York based on 2019 sales data compiled by REAL Trends. REAL Trends ranked the top 500 firms in the country in transactions and sales volume. Buffalo-based ...

Fred Corsi was supposed to be sending criminals to prison; that was his intention leaving law school and why the Allegheny County District Attorney’s office in downtown Pittsburgh had a job waiting for him upon graduation from the University of ...

Spiritus Christi Prison Outreach is taking its 40th anniversary celebration online on Saturday evening, highlighted by an online fundraising auction. Home Leasing has committed to match up to $40,000 in auction proceeds. Spiritus Christi Prison Outreach is a ministry of ...

After more than 100 years as the home to Lawyers Cooperative and the legal publishing firm’s recent iteration, Thomson Reuters, the Aqueduct Building has been sold. The downtown landmark, identifiable by a 21-foot statue of Mercury that sits high atop ...

Taxpayers in Monroe County and the city of Rochester now have an extra month to pay property taxes. County Executive Adam Bello has signed an executive order, extending the due date for the third installment of town and county real ...

R. Scott Burdett of Flaum Management Co. Inc. was named a winner in two Power Broker Award categories by CoStar Group. CoStar’s Power Broker Awards recognize the brokers, power players and deal-makers who close the highest transaction volume in commercial ...