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Downtown Rochester surpasses 10,000 residents as housing demand grows
Downtown Rochester now has over 10,000 residents with strong demand for walkable urban living, according to Buckingham Properties and Riedman.
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.
Kilbourn Place quickly becomes a desired upscale home for renters
Kilbourn Place on East, the latest multifamily creation by Riedman, provides high-end residential space for the growing sector of the population that prefers to rent rather than own.
