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GAR ASSOCIATES LLC has been performing real estate appraisals and consulting services since 1961. We have successfully proven to our clients that we maximize technology allowing us to grow, change and adapt. Our focus has been and will continue to be to listen to our client’s needs and work together to meet the challenges we face in the real estate profession.
Three Niagara County commercial properties owned by developer Nick Sinatra and members of the Nanula family have lost two-thirds of their value because of plummeting revenues, potentially putting the future of a $23 million mortgage backing the properties at risk. The two commercial office complexes comprising the Woodlands Corporate Center, along with an industrial property at …
Continue reading “Wheatfield properties in big mortgage lose two-thirds of value”
A plan to convert a building at the old Harrison Radiator plant in downtown Lockport into 77 apartments must wait until a brownfield cleanup is completed. The state Department of Environmental Conservation announced Wednesday that Kearney Realty & Development Group of Baldwin Place has applied to the state Brownfield Cleanup Program. The application says …
Continue reading “Brownfield cleanup needed before apartments are built in Lockport plant”
In 2018, Skaneateles town officials raised the property tax assessment on Destiny USA partner Bruce Kenan’s two lakefront mansions to $7 million. Unhappy with that, Kenan went to court and argued that was too high, that they really should be valued at $2.7 million. They settled somewhere in the middle: $4.7 million. Then, less than …
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