Midtown Plaza redevelopment moving forward

Syracuse Property Management Company

East Lake Commons Project“East Lake Commons LLC, an affiliate of the Syracuse-based Sutton Real Estate Company, is proposing an 88,000 square foot mixed-use facility at the corner of East First Street and East Cayuga Street. The development, which would include more than 70 apartments and commercial space, was one of a dozen projects receiving funding through the 2016 state Downtown Revitalization Initiative (DRI).”

 

“Sutton Companies President Louis Fournier III said approval from the planning board would be “a good milestone to meet,” and noted the architectural and engineering drawings are now being finalized. If all goes as planned, Fournier said the company expects to start construction sometime in October.”

 

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Sutton Real Estate brokers four transactions totaling $2.855 million

Syracuse Property Management Company

St. Andrews Church in North Syracuse recently sold for $350,000 to the St. Mary & St. Mina Coptic Church for their new home. Bart Feinberg of Sutton represented the seller and Tim Macknik of Bridgeway Real Estate represented the buyer of the 24,000 s/f religious facilities.

 

The Historic Caldwell and Ward Brass factory recently sold to JGH Properties, LLC. They will be converting the former 32,000 s/f factory into market rate apartments. JGH Properties was represented by Feinberg and the seller, Cabinet Fabrication Group, LLC, was represented by Joe Lewis of Sutton.