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COMIDA backs Clinton Square conversion, Henrietta project
COMIDA approved tax incentives on the $42.6M Clinton Square apartment conversion and a new facility for a Henrietta commercial electrical contractor.
$42.6M repurposing of Rochester office space includes $8K penthouses
Riedman plans a $42.6 million conversion of upper floors at Clinton Square, including penthouses renting for nearly $8,000 a month.
Lenders take significant loss on Clinton Square
Riedman bought downtown Rochester’s Clinton Square for $11.5M, far below the $32M owed, meaning lenders face a $20 million loss.
Riedman buys Clinton Square, will convert top floors to apartments
Riedman plans 100+ apartments on the top seven floors of Clinton Square in downtown Rochester while keeping office space below.
Federal lease cuts would only compound Rochester’s CRE office sector
The mass cancellation of federal leases by Elon Musk and the Department of Government Efficiency has so far spared the Rochester market.
New steakhouse opens at Eastview Mall
The owner of a high-end steak house in downtown Syracuse has just opened a second location at Eastview Mall. Prime Steakhouse took over the location vacated by Biaggi’s Ristorante Italiano […]
