New Albany Real Estate

High court carves out exception to rent abatement rule

ALBANY, N.Y., Feb 21 (Reuters) – Finding an exception to a longstanding real estate rule, New York’s top court has held that a minimal encroachment by a landlord upon a tenant’s space does not justify a rent abatement. In a 6-1 decision released Tuesday, the Court of Appeals ruled that Eastside Exhibition Corp, which operates [...]

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Empire State Plaza in Albany needs up to $6M in repairs

Inspection of the marble and masonry at the Corning Tower in Albany is part of a renovation project that will cost up to $6 million. Michael DeMasi Reporter – The Business Review Email  | Facebook  | Twitter  | LinkedIn The Empire State Plaza in Albany, New York, needs $5 million to $6 million in repairs. The state is [...]

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NY top court: Rent due despite ‘minimal’ intrusion

ALBANY, N.Y. (AP) — A landlord making a minimal encroachment into a commercial tenant’s space doesn’t justify withholding rent, New York’s top court ruled Tuesday. The 6-to-1 decision by the Court of Appeals acknowledged longstanding case law that supports holding back the entire rent when the landlord’s actions amount to “a partial eviction.” But the [...]

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CH Energy Group, Inc. to be Acquired by Fortis Inc. In Agreement Valued at …

POUGHKEEPSIE, N.Y., Feb 21, 2012 (BUSINESS WIRE) – –Benefits Customers of Regulated Subsidiary Central Hudson CH Energy Group, Inc. /quotes/zigman/235985/quotes/nls/chg CHG +12.68% , today announced that it has entered into a definitive merger agreement with Fortis Inc., /quotes/zigman/17264 CA:FTS -1.43% , the largest investor-owned distribution utility in Canada, under which Fortis will acquire CH Energy [...]

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Robert Sellstrom Bargar

Robert Sellstrom Bargar of 14 Owana Way, Lakewood, N.Y., formerly of 304 Arlington Ave., Jamestown, N.Y., died Feb. 15, 2012, at his home in Naples, Fla. He was 92. Robert Bargar was born on Aug. 8, 1919, in Jamestown, the son of Crawford Nathaniel and May Sellstrom Bargar. Mr. Bargar was married to the former [...]

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Hong Kong Rent Doesn’t Faze Retailers

Enlarge image Hong Kong Rent Topping Manhattan Jerome Favre/Bloomberg Swire Properties Ltd.’s One Island East tower, right, stands next to residential buildings in Hong Kong on Jan. 18, 2012. Swire Properties Ltd.’s One Island East tower, right, stands next to residential buildings in Hong Kong on Jan. 18, 2012. Photographer: Jerome Favre/Bloomberg Jan. 17 (Bloomberg) [...]

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Boys And Girls Club Welcomes New Board Members

Mt. Kisco, NY – The Boys Girls Club of Northern Westchester (BGCNW) recently announced the addition of three new members to its Board of Directors.   BGCNW welcomes Peter Richel, MD, Eric Levy and Philip Bronzi.   Pete Richel, MD, currently serves as chief of the pediatric department at Northern Westchester Hospital. After receiving his [...]

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EDENS’ Revitalization of Bishops Corner Shopping Center Continues to Move Forward

WEST HARTFORD, Conn., Feb. 18, 2012 /PRNewswire via COMTEX/ – EDENS, owner and developer of the Bishops Corner Shopping Plaza west of North Main Street and south of Albany Avenue, today announced the names of additional new tenants and provided a project update. The West Hartford Town Council unanimously approved plans for the redevelopment and [...]

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Hong Kong Rent Topping Manhattan Doesn’t Faze Retailers

Enlarge image Hong Kong Rent Topping Manhattan Jerome Favre/Bloomberg Swire Properties Ltd.’s One Island East tower, right, stands next to residential buildings in Hong Kong on Jan. 18, 2012. Swire Properties Ltd.’s One Island East tower, right, stands next to residential buildings in Hong Kong on Jan. 18, 2012. Photographer: Jerome Favre/Bloomberg Jan. 17 (Bloomberg) [...]

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Im leaving news, but not you, Saratoga.

Effective Monday, I will no longer be working in the news department at the Times Union. I will remain a reporter, but on the features desk. The move means you will find my byline in our health, scene and real estate pages as well above stories on our front page and in the weekend Unwind [...]

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Buffalo accounting group joins bigger firm

A Buffalo-based accounting firm that formed when another firm broke up is now merging with a larger Rochester firm to create a combined entity with offices from Buffalo to New York City and Los Angeles. Toski Co. PC said Friday it will become a division of Rochester-based EFP Rotenberg LLP, forming one of the state’s [...]

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Sherman Minton to open at midnight

John R. Karman III Reporter – Business First Email Business First television partner WDRB-TV is reporting that the Sherman Minton Bridge will open at midnight tonight. The span, which carries Interstate 64 between Louisville and New Albany, has been closed since Sept. 9 when a 2.5-inch crack was found in a load-bearing beam. The closure [...]

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CT Oct. 2011 new business starts

Latest filings for new businesses with the Secretary of the State’s office: Yarnover Avon LLC, 124 Simsbury Road #16-A, Avon, CT 06001. Barbara Fabian, manager. Fvgg Dale Road LLC, 44 Dale Road, Avon, CT 06001. Anthony Zaldonis, manager. Jag Realty LLC, 39 Pheasant Run, Avon, CT 06001. Gregory Tropea, manager. Cozy Place LLC, 132 Fox [...]

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Lawmaker wants Buffalo River in state funding loop

The Buffalo River and much of its surrounding real estate could be eligible for new sources of state funding if a proposed bill is approved by lawmakers in Albany. Assemblyman Sean Ryan is pushing to have the Buffalo River added to the list of inland waterways covered under the New York state Enviromental Protection Agency’s [...]

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Celebrity Real Estate

Tami Roman For the ‘Basketball Wives,’ life is hectic, but when you’re an ex-wife, it apparently doesn’t get any … Article source: http://www.myfoxny.com/dpp/news/celebrity-real-estate-february-17-20120217

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While We Wait for Reform

The fund-raising operation for his 2014 re-election campaign has $14.4 million in the till and is growing daily. He has support from ordinary New Yorkers, but as the New York Public Interest Research Group reported recently, Mr. Cuomo enjoys the support of big donors who take advantage of extremely high contribution limits — $60,800 to [...]

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High H.K. Retail Rent Doesn’t Faze Forever 21

Enlarge image Hong Kong Rent Topping Manhattan Doesn’t Faze Forever 21 Jerome Favre/Bloomberg Forever 21, which opened its first Hong Kong store in January, said it is paying $1.4 million a month, its highest ent in the world, both in total terms and per square foot. Forever 21, which opened its first Hong Kong store [...]

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Revenue estimates continue to decline

By Lori Wince ThisWeek Community Newspapers Wednesday February 15, 2012 2:33 PM The New Albany-Plain Local School District’s five-year financial forecast is changing as anticipated revenue decreases. “The projections have changed since October,” Superintendent April Domine told the school board Feb. 13. The board approved its most recent five-year forecast Oct. 24. The current forecast [...]

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Quake-hit mall is top of the shops

A shopping centre in earthquake-hit Christchurch was the star performer in New Zealand for global mall owner Westfield last year. Westfield is New Zealand’s largest shopping centre landlord with 12 malls worth $1.4 billion which put through $2.2 billion of sales in the December year. Despite a few vacancies the portfolio is 99.5 per cent [...]

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CT Sept. 2011 new business starts

Latest filings for new businesses with the Secretary of the State’s office: Cold Spring Investing LLC, 183 Cold Spring Rd., Avon, CT, 06001. Douglas Anthony George, member. A Cool Chick Place LLC, 19 Holly Lane, Avon, CT, 06001. Michele Marquis, member. Ontrack Health LLC, 9 Windrush Lane, Avon, CT, 06001. Stephen M. Whirty, president. Ball [...]

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