“Len Brown and Matt Funiciello of JF Real Estate represented Drive Research while Bart Feinberg and Kristen Fehlman of Sutton Real Estate represented the lessor.”
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Sutton Real Estate Represents Landlord in 2,000 SF Lease
Fournier Appointed Receiver of Cortland Hotels
“CORTLAND — Sutton Real Estate Co. announced that Louis Fournier, company president, was appointed by the state Supreme Court in Cortland County earlier this year to be the receiver for the Ramada Inn and Red Roof Inn in Cortland. The two hotels have a total of 150 rooms.The property containing the hotels had fallen into disrepair in recent years, according to Syracuse based Sutton Real Estate, and 40 of the 150 rooms in the Ramada Inn were closed due to water damage from a leaking roof. The occupancy and the overall condition of both properties was negatively impacted as a result. Sutton says it has started renovating the 40 rooms that were out of commission and began reintroducing the property to the Cortland market under the new management of Gulph Creek Hotels, which has been hired to manage the hotel during the receivership.”
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Fournier Appointed Receiver for Two Hotels in Cortland
“A court-appointed receiver has been placed in charge of the Ramada Inn and Red Roof Inn motel complex in Cortland and has started rehabilitating the property foreclosed upon in February for failing to pay more than $300,000 in local property taxes and federal income taxes. The property had fallen into disrepair in recent years and 40 of the 150 rooms in the Ramada Inn had been closed because of water damage from a leaking roof, said the receiver, Louis Fournier of Syracuse-based Sutton Real Estate Co. Fournier was appointed receiver by the state Supreme Court in Cortland County in February and began his work March 1.”
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Sutton Real Estate Hires Matt Buroni as Salesperson
Sutton Real Estate Company is proud to announce its’ recent hire of Matt Buroni, who has joined the brokerage team as a Real Estate Salesperson.
Matt graduated from Le Moyne College in Syracuse, New York in 2017 with a dual-degree in finance and analytics. Matt is continuing his education at Le Moyne College in pursuit of his Master’s in Business Administration (MBA), where he also plays Division II baseball. Matt has a long and proficient work history in customer service and sales including his most recent internship at Trip Advisor. Matt is passionate about his work and clients and is ready for his new position in the real estate world.
Featured in CNYBJ:
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Socia and Robb broker $625,000 sale of Keybank; over 20,000 S/F in Leases by Nave Fehlman, Cannata- LaRocca and Tyminski
Multiple agents at Sutton Real Estate Company have completed transactions recently totaling in over 25,000 S/F.
Larry Socia and Dick Robb represented the seller, Keybank in the sale of 3775 Route 31, a 2,652 +/- SF building, in Clay NY for $625,000. The buyer was Pathfinder Bank.
Boston IVF, one of the nation’s most experienced fertility networks, offering world-renowned fertility treatment services, is opening a new state-of-the-art center in Syracuse, NY. The Syracuse Center, opening in May, 2018, will offer its full array of fertility treatment services at the new 10,000 sq. foot center, located at 5792 Widewaters Parkway in Dewitt, NY. Sutton Real Estate Company’s Healthcare Group – including Joseph Lewis, SIOR, Kristen Nave Fehlman and Karen Cannata-LaRocca – worked in collaboration with Newark Grubb to provide site selection for the new Syracuse IVF center, as well as lease contract and negotiation services.
Kristen Nave Fehlman, of Sutton Real Estate Company’s Healthcare Group, represented the tenant, CNY Neurodiagnostics, in a 2,070 +/- SF medical office space lease at Herald Commons, in Downtown Syracuse, NY.
Karen Cannata-LaRocca represented the tenant, Tru Line Collision, in a 3,000 +/- SF retail lease at 121 Plum Street in Syracuse, NY.
Ken Tyminski represented the Landlord in a 2,200 +/- SF lease at 215 North Main Street in North Syracuse, NY.
