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Real Estate

Rochester apartment complex sells for just under $15.6 million (access required)

Rochester Commons at Cambridge Court, on Dodge Street, recently sold for $15,576,000

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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Commercial Real Estate & Lending: Outlook for 2023 (access required)

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.

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New listings fall, home prices in Monroe County rise in August (access required)

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.

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