Home / Industry / Real Estate (page 52)

Real Estate

Canal community thrives, retains Victorian ambience

Harvest squash soup is a popular lunchtime item these days at the Red Bird Tea Shoppe in the heart of the village of Brockport. Dozens of customers, from college students and businesspeople to farmers and professors, stream in daily to ...

Read More »

REIT expands its holdings

A private Rochester real estate investment trust has made more than $12.5 million in acquisitions over the last two months and racked up $40 million in investments over three years.

Read More »

Spotlight: Median household income slides

The two-year-average median household income in New York fell 2.2 percent from 2005-06 to 2007-08, according to a new report from the U.S. Census Bureau. New York’s median household income was $50,643 for 2007-08, down from the 2005-06 average of ...

Read More »

City holds off on going to court over properties

The city of Rochester is holding off on, but not yet ruling out, court action to force Webster real estate investor Jason Palmer to address health and safety concerns at properties including the 111 East Ave. apartments.  The city’s top ...

Read More »

Finding a home as a CEO

Without ever meaning to, Ryan Tucholski has been bucking trends, first by leaving a budding career as a concert pianist and second by leaving his hometown in Ohio while his two siblings stayed close by.  From a career writing grants ...

Read More »

Tight budgets, but designers see steady flow of business

The state of the economy has prompted belt tightening in many aspects of Rochesterians’ lifestyles, including home decor. But business is fairly steady, interior designers say, despite a shift in trends.  Heather DeMoras, president and owner of Heather DeMoras Design ...

Read More »

Rochester holds its own in an uneasy housing market

At a time when many other areas of the country are coping with plummeting home values and decreased interest in homebuilding, the Rochester region remains enclosed in a protective bubble.  "We have these little bumps in the road, but we ...

Read More »

Spotlight

Year-over-year housing price decline slows       U.S. housing prices fell 7.8 percent in June, the smallest year-over-year decline recorded in 2009, according to new data from First American CoreLogic. Home prices in all major New York metro areas were down in ...

Read More »

Area economy aided by lack of housing boom-and-bust

Rochester continued to avoid the worst of the national economic storm during the second quarter of 2009. Private-sector employment contracted by 1.6 percent on a year-ago basis-less than one-third of the 4.9 percent nationwide decrease. Among the 100 largest U.S. ...

Read More »

Spotlight

Growth in housing stock slowed in 2008 Growth in the nation’s housing stock slowed last year, from 1.3 percent in 2007 to 0.9 percent, according to new data from the U.S. Census Bureau. Nearly every state saw a slowdown in ...

Read More »

Quote of the week

"(I) thought it was evolutionary, not revolutionary, because nothing got said that was startling or new."  Laurence Glazer, CEO of Buckingham Properties LLC, on a meeting of city officials and developers on possible options for the block where Renaissance Square was ...

Read More »

MCC key to project on Main

    A $50 million development proposed by Webster businessman Neil Bauman for the northwest corner of East Main Street and North Clinton Avenue must be linked to a campus for Monroe Community College to be successful, he said this ...

Read More »

Housing is his lifelong interest

Timothy Fournier was 10 when he got his start in housing development and 12 when he made his first investment.      At that time, he and his siblings were helping their parents purchase and develop apartment units in their northeastern ...

Read More »