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Bart Feinberg represented the landlord, in a 38,000 s/f lease at 99 Harris St. to Giovanni Foods who was represented by Ed Rogers of JF Real Estate.
Bart Feinberg represented the buyer, Fady Kased, while Karen Cannata-LaRocca represented the seller in the sale of 1720 Erie Blvd., a 7,500 s/f building in Syracuse, for $195,000.
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Sutton Real Estate has been featured as an “Economic Champion” because of its’ success in adding jobs, expanding its’ products and services, gaining national recognition and contributing to the success of the region.
“Established in 1933, Sutton Real Estate Company is an experienced, full-service, independent company in the region. Its team of experts is dedicated to delivering high-quality service to a diverse client base in every discipline: property management, brokerage, project development and temporary receivership services. Sutton has about 100 employees and brokerage associates in its main office in Franklin Square and at 40 properties in the portfolio.
In 2015, Sutton completed its first low income tax credit development project in Oswego. Seaway Lofts, a former brewery built in the late 1800’s, was converted to 26 affordable apartments. In 2017, Sutton completed the development of two more affordable projects in Syracuse: Harbor Street Lofts, a 40-unit mixed income historic project in Tipperary Hill and Valley Vista Apartments, a 120-unit senior project in the Valley neighborhood. Sutton will also start construction on a $20 million mixed-use project in downtown Oswego in the fall.
Sutton’s residential property management portfolio includes approximately 1,600 residential units and its commercial office building and retail center portfolio includes about one million square feet of medical, office, retail and mixed-use space. Sutton’s brokerage division offers a wide range of services including tenant and buyer representation, landlord and owner representation, site selection and property valuation. Sutton’s team has experience in a wide variety of property types, including office, medical office, industrial, retail, multifamily, investments, mixed-use and land. In addition to national accreditation’s, affiliations and memberships, its specialists enjoy connections at the local, regional and national levels. This has allowed Sutton to build a network that’s unmatched. Learn more at www.suttoncos.com.”
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“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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“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 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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