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

The mortgage holder on two Robert Morgan apartment communities has filed foreclosure papers in state Supreme Court, claiming the Pittsford developer violated terms of the loan agreement by committing fraud. U.S. Bank National Association, acting on behalf of special servicer ...

The city of Rochester has lost nearly 4,300 residents since 2010, new data from the U.S. Census Bureau shows. The American FactFinder annual estimates of resident population estimated 206,284 residents in the city of Rochester last year, compared with 210,565 ...

Tagged with: census demographics migration residents

Tonight, Friday, May 24, the Genesee Brewery is kicking off its 141st year celebration with the second round of ROC the Falls. ROC the Falls is a new festival first rolled out in September 2018 as a celebration of Genesee’s ...

Sarah C. Mangelsdorf won’t be the only headliner when she’s formally installed as the president of the University of Rochester in October. Mangelsdorf, currently the provost at the University of Wisconsin at Madison, will be inaugurated during Meliora Weekend, Oct. ...

Tagged with: Ann Patchett Jon Batiste Meliora Weekend Sarah Mangelsdorf university of rochester Vanessa Bayer

At first glance, one might think Jennyrae Brongo helped build Homesteads for Hope because of her relationship to the construction industry. But that’s not quite true. “My brother is my muse,” says the 29-year-old co-founder and CEO of the not-for-profit ...

At 27, Kelly Taran found herself on a high rung of the career ladder—one that often takes years of climbing to reach. In January 2018, Taran was promoted to chief information officer at First American Equipment Finance. First American is ...

For years, advocates for farmworkers have lobbied to end exemptions to labor laws that exist on farms but with little success. Since Democrats took control of the state Senate last fall, however, a new effort concerning farm interests introduced by ...

Tagged with: agriculture Farm Credit East farmers Farmworkers labor laws Librada Paz Michael Ranzenhofer minimum wage overtime Shelley Stein Steve Ammerman

If you were an early investor in a Robert Morgan real estate fund, you probably made out quite well. You received your promised 11 percent rate of return from the Note Fund, and it arrived on time. Hopefully you didn’t ...

Cantel Medical Corp. has announced plans to move the majority of the company’s dental manufacturing and distribution operations to their facility in Rush. Based in Little Falls, N.J., Cantel is a global company specializing in medical sterilization, including water purification, ...

Whether by planes or trains or automobiles, Americans will be traveling at record volumes this weekend. AAA projects that nearly 43 million Americans will travel 50 miles or more this Memorial Day weekend—with a record-breaking number taking road trips. The ...

Tagged with: aaa gas prices gasbuddy memorial day travel

Transcat Inc. on Wednesday posted record quarterly and fiscal 2019 revenue. For the quarter ended March 30, Transcat posted sales of $44.5 million, up from $42.5 million in the fourth quarter last year. Net income for the quarter was $2.66 ...

Tagged with: Earnings transcat

The Facebook page for the May 26 fundraiser for Naples winemaker Timothy Moore looks like it might be for an old-fashioned barn-raising. In this case, though, instead of a hammer or a saw, dozens of friends and colleagues are offering ...

Michael Olson began his career in packaging at the age of 15, pushing a broom around his father’s company during summers off from school. It was the beginning of a love affair with the industry. “I just fell in love ...

On May 9, George Mateyo, Key Private Bank’s chief investment officer, visited Rochester’s Genesee Valley Club, giving a presentation on the state of the economy and investing. As far as questions about investment are concerned, the current economy raises many. ...

The folks at Christa Construction LLC are going back to college again. And it’s again for work. Having already razed, refurbished and/or rebuilt two student housing communities adjacent to the Rochester Institute of Technology campus in the past three years, ...