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Local banks cautiously optimistic heading into 2026
Banking leaders in the Rochester region share cautious optimism for 2026, citing rate stability, growth opportunities and ongoing challenges.
Rochester suburb named most competitive housing market in US
This Rochester suburb ranks as the most competitive housing market in the U.S., according to Redfin, with homes selling in just 8.5 days.
More downtown Rochester commercial space will convert to apartments
Excelsior Communities plans to convert vacant commercial space in Rochester’s historic Columbus Building, adding 30 apartments and renovating shared amenities.
Abandoned Canandaigua factory is latest 43 North reclamation project
43 North Real Estate is redeveloping the historic Labelon factory in Canandaigua into Hunter House, a 51-unit apartment community.
Rochester forecast to see nation’s 4th-greatest spike in home prices
Rochester home prices are forecast to jump 10.3% in 2026, one of the nation’s biggest increases, as the inventory shortage continues.
Another Rochester-area senior living facility sold to Boston investor
A Boston-based real estate investor has acquired the Cranberry Landing senior living community in Irondequoit.
Greece board accused of ignoring health risks in wetlands sale
Two Greece residents filed a court petition to stop the sale of wetlands, citing inadequate environmental testing and contamination risks.
Rochester church embraces faith-based real estate development
First Genesis Baptist Church, through its real estate development entity, partnered with Rochester Management to create housing in Rochester.
Lake Ave. apartment building in Rochester sells for nearly $1M
Arsel Enterprises of Greece purchased a 23-unit apartment building at 571–579 Lake Ave. in Rochester for $950,000.
Rochester developers adapt to tight financing market
Rochester banks say developers remain active despite high rates and costs, with strong demand in housing, industrial and mixed-use projects.
ESL survey reveals where Rochester area homeowners want to move
A new homeowner survey by ESL determined the top preferred destinations for homeowners looking to move within Greater Rochester.
Creating a ‘Gateway’ to affordable living on East Main in Rochester
Buffalo developer SAA|EVI will transform Rochester’s long-vacant Gateway Building on East Main Street into 129 mixed-income apartments.
