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

The hotel industry, already slammed hard by the coronavirus pandemic, will be forced to endure an even steeper nosedive of occupancy rates and revenue in the coming weeks. But even when the health crisis subsides in the United States, hoteliers ...

Eviction proceedings have been halted across New York State, part of an order by the chief administrative judge meant to stop the spread of the coronavirus. Judge Lawrence K. Marks on Sunday issued a memo saying all non-essential functions of ...

Two more private lenders have filed suit against developer Tom Masaschi, his partner in DHD Ventures and the various limited liability companies they created when they financed a host of local and out-of-state projects. The latest suits — coupled with ...

The supply of houses remains especially low in Monroe County but real estate agents don’t sense coronavirus pandemic panic among would-be buyers as the spring open-house season ramps up. While COVID-19 has been confirmed in the county, Realtors don’t expect ...

Being uprooted from the apartment she had called home for the previous five years was not an enjoyable experience for Shelly Nalty. After all, who likes packing up everything and moving? Especially when the move would only be temporary. But ...

On Feb. 12, a four-bedroom Colonial on Stonegate Drive in Webster appeared for the first time on the multitude of real estate listing sites with an asking price of $179,900. Showings would be available for a total of just five ...

A Brighton commercial real estate broker has again filed suit against Rochester Tech Park, claiming the owners of the expansive property in Gates have failed to pay nearly $800,000 in commissions. Moore Corporate Real Estate, Inc., says Tech Park Owner, ...

Construction is underway on Happiness House Apartments in Canandaigua, a $9.7 million affordable and supportive housing development that will create 30 homes. The project includes 22 apartments for individuals and families, another eight apartments for seniors. Four of the senior ...

  Four area hotel projects are in the works for Indus Hospitality Group of Penfield, including the first brand-name lodging in the Wyoming County seat of Warsaw. Indus is targeting a May opening for a 67-room Microtel Inn & Suites ...

Citizens Bank has issued an $8.7 million loan to help create 41 new units of affordable housing in the city of Rochester. The project, Jefferson Wollensack LLC and sponsored by the Urban League of Rochester, will convert the former Wollensack ...

Gary Kirkmire, neighborhood and business development commissioner for the city of Rochester, has been appointed to Gov. Andrew Cuomo’s advisory council on lead poisoning prevention. The advisory council provides guidance to the New York Department of Health for development and ...

Howard Hanna Real Estate Services will again host the Big Event open house weekends. Actually, they’ll host three. The real estate firm, the third-largest in the country, will have open houses throughout the Rochester area on Feb. 22-23, March 21-21 ...

If you’re hoping to buy a house in the Rochester area, you better be prepared to act fast. New listings spent an average of just 28 days on the market before they were snatched up last month, according to Redfin’s ...

Fred Corsi has been named president of Howard Hanna’s Western New York region, a new position within the firm. Corsi has been with Howard Hanna for 25 years, including the past 19 as president of Barristers Title & Escrow, the ...

The association representing state Realtors, together with a host of downstate real estate firms, for now have successfully blocked a new law that makes it illegal for brokers to collect a fee from renters. State Supreme Court Justice Michael Mackey on ...