Scriba
Scriba, NY · Real Estate
spectrumlocalnews.com
Mortgage lender accuses Eastview Mall owner, town of Victor of attempting to avoid debts
The legal battle continues over Eastview Mall's property. Mortgage lenders U.S. Bank and Wells Fargo filed for foreclosure, claiming owner Wilmorite failed to pay its debts on time. In court documents, they accuse Wilmorite and the town of Victor of avoiding debts by claiming five parcels through eminent domain. Under...
Syracuse.com
Destiny USA owner faces loss of fourth mall after missing loan deadline
Syracuse, N.Y. — Pyramid Management Group is at risk of losing its fourth mall in two years. The Syracuse-based mall development and management company is being sued by Wells Fargo Bank after defaulting on a $53.4 million mortgage on Sangertown Square mall in New Hartford. Pyramid, which also owns...
ithaca.com
Ithaca DRI Survey Results Show Vacant Storefronts as Major Focus; Committee Receives 15 Proposals
Results from an ongoing online survey and recent workshops show that Ithaca community members prioritize addressing vacant properties, improving public spaces, and expanding housing as part of downtown revitalization efforts. The third Local Planning Committee (LPC) meeting for the downtown Ithaca initiative was held Sept. 16 at the Tompkins County...
WETM 18 News
Former Stillman’s Greenhouse will become a public market
MONTOUR FALLS, N.Y. (WETM)— The former Stillman’s Greenhouse and Garden Center is being renovated; it will become a public market after years of vacancy. The Village of Montour Falls received a $20,000 grant from New York Forward and New York State Homes and Community Renewal (HCR) for renovations at 251 South Catharine St. It will […]
Realty Today
A Real Estate Gala’s Toast to Resilience, Backed by the State Comptroller’s Own Numbers
Commercial Observer held its 19th annual Power Gala on September 22 at 7 World Trade Center, in partnership with Silverstein Properties, explicitly framed to commemorate the 25th anniversary of September 11. CO Editor-in-Chief Max Gross noted that one of the publication's first galas held after the pandemic had also taken place at the same building, framing the venue's recurring role directly: "I think most of the people here tonight understand that whatever bad things come our way, and many have, and there will be other bad things in the future, the answer is to roll up our sleeves and get to work." The evening's top honor, Investment Deal of the Year, went to Naftali Group's Miki Naftali for the firm's $810 million acquisition of 800 Fifth Avenue in 2025, a deal presented as "a decisive bet among the most irreplaceable locations" made "at a time when investors are navigating higher costs of capital and shifting valuations in a rapidly changing market." Lisa Silverstein, CEO and vice chairman of Silverstein Properties, received the Executive Leadership Award.