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Companies and landlords are trying to create the office of today and tomorrow, one that is both functional for business goals and appealing to employees.

How has lending for commercial real estate properties in the Rochester region changed over the past 2.5 years?

Rochester Commons at Cambridge Court on Dodge Street, just off Lyell Avenue near Mt. Read Boulevard, is now owned by Rochester CMNS LLC. Basya Weiss of the Rockland County hamlet of Monsey is listed as the sole member and manager, according to paperwork filed on Friday with the Monroe County Clerk's office.

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To say 2022 has been eventful would be an understatement, and we haven’t even mentioned the ongoing war in Ukraine, its effect on the economy and oil/energy markets, the indications of potential further rate hikes by the Fed or how the upcoming mid-term elections may affect the overall economy.

Rochester home owner/occupants may be eligible to receive grants to repair or replace roofs.

While the housing frenzy that punctuated the real estate market in 2021 has cooled nationwide, the Rochester metro area remains hot.

Tagged with: housing market realtor.com

The sale price was not disclosed by the company, but public records show the property itself at 3368 S. Broadway sold for $15.25 million. The hotel was developed and owned by Turf Hotels and opened in June of 2017.

Tagged with: Capital District DelMonte Hotel Group Saratoga Springs Turf Hotels

As construction continues on the Hampton Inn & Suites within The Strong's Neighborhood of Play, Indus Hospitality Group is finalizing plans to start another new build in Henrietta.

Tagged with: Hampton Inns & Suites Indus Hospitality Group TownePlace Suites by Marriott

While more consumers believe home prices will decline in the next year, they also expect mortgage rates to continue to climb.

Tagged with: Fannie Mae Home Purchase Sentiment Index

The total purchase price for the properties was $21,320,000, according to public records. A former Fuccillo dealership at 3950 W. Ridge Rd. in Greece, also owned by Vision, was sold to one of the LLCs for $1.3 million.

Tagged with: Ali Ahmed Vision Automotive

A little normalcy continues to return to the housing market, with the average home taking longer to sell while a larger percentage of listing prices are being reduced.

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Henrietta Hidden Forest Equities LLC, a subsidiary of Time Equities, has owned the property since July 2006, when it paid $6.2 million to Kimco Realty for the deed.

Tagged with: 1180 Jefferson Road Flaum Management Co. Inc.

As has been the case for at last four years, Monroe County continued to have the lowest months supply of homes at just 0.8. But that number was unchanged from 2021, and has stayed on par or even rose slightly in year-over-year comparisons each of the past six months.

At issue is whether the developer had the right to encroach on the Auburn Trail, a recreational path that runs along a former railroad bed.

Tagged with: Auburn Trail Town of Brighton Whole Foods

Michael A. Furlano has joined the city of Rochester Law department as the administration continues efforts to improve housing quality and code compliance.