Recent Changes for "Rochwil" - Rochester Wiki

Rochwil

BradMandell — 2009-04-06T22:44:10Z

tbl hdrs

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Rochwil

alexandergartley — 2008-07-18T14:34:18Z

bolded Rochwil

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- Rochwil is a limited liability corporation (LLC) set up by ["Wilmorite"], a Rochester-based, commercial real-estate development and management company. When Wilmorite set out to acquire ["The Sibley Building"] in the late 1980s, it created Rochwil Associates and got help from the International Brotherhood of Electrical Workers and the city. The union holds the mortgage on the building and the city has provided loans and tax abatement (called the PILOT program). Rochwil has also received some ["COMIDA"] help and loans from HUD.	+ '''Rochwil''' is a limited liability corporation (LLC) set up by ["Wilmorite"], a Rochester-based, commercial real-estate development and management company. When Wilmorite set out to acquire ["The Sibley Building"] in the late 1980s, it created Rochwil Associates and got help from the International Brotherhood of Electrical Workers and the city. The union holds the mortgage on the building and the city has provided loans and tax abatement (called the PILOT program). Rochwil has also received some ["COMIDA"] help and loans from HUD.

Rochwil

alexandergartley — 2008-07-15T17:38:38Z

reformatted phone

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- \|\|(585) 783-2500\|\| -	+ \|\|585 783 2500\|\|

Rochwil

EricHoff — 2007-02-18T20:52:35Z

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- ''2007-02-18 15:48:11'' [[nbsp]] Far - your points are certainly valid...there is always uncertainty, especially at this stage of downtown's life. But we really just don't know, in large part because outside of the Sagamore (which seems to have done well), none of these "plans" have made it past the planning stage. But let me make myself clear...I don't see anything as a "save-all", I fully expect that making downtown a vibrant place will take many, many small things. I think there is some demand for condos downtown. There is a fair amount of rental property downtown at a fairly high occupancy rate from what I have read. Is it that much of a stretch to think that some of those people that can afford Temple Building and other downtown rents would be potential buyers? I don't think so. Maybe that's just me because I am one of those people. Maybe you're right and maybe I am alone in that thought but I have a feeling there would be some real interest if anything ever progressed from a "plan" to an actionable reality. --["EricHoff"]	+ ''2007-02-18 15:48:11'' [[nbsp]] Far - your points are certainly valid...there is always uncertainty, especially at this stage of downtown's life. But we really just don't know, in large part because outside of the Sagamore (which seems to have done well), none of these "plans" have made it past the planning stage. But let me make myself clear...I don't see anything as a "save-all", I fully expect that making downtown a vibrant place will take many, many small things. But I do think there is some demand for condos downtown. There is a fair amount of rental property downtown at a fairly high occupancy rate from what I have read. Is it that much of a stretch to think that some of those people that can afford Temple Building and other downtown rents would be potential buyers? I don't think so. Maybe that's just me because I am one of those people. Maybe you're right and maybe I am alone in this thought but I have a feeling there would be some real interest if anything ever progressed from a "plan" to an actionable reality. --["EricHoff"]

Rochwil

EricHoff — 2007-02-18T20:50:44Z

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- ''2007-02-18 15:48:11'' [[nbsp]] Far - your points are certainly valid...there is always uncertainty, especially at this stage of downtown's life. But we really just don't know, in large part because outside of the Sagamore (which seems to have done well), none of these "plans" have made it past the planning stage. But let me make myself clear...I don't see anything as a "save-all", I fully expect that making downtown a vibrant place will take many, many small things. I think their is some demand for condos downtown. There is a fair amount of rental property downtown at a fairly high occupancy rate from what I have read. Is it that much of a stretch to think that some of those that can afford Temple building and other downtown rents would be potential buyers? I don't think so. Maybe that's just me because I am one of those people. Maybe you're right, maybe I would be the only one but I have a feeling there would be some real interest if anything ever progressed from a "plan" to an actionable reality. --["EricHoff"]	+ ''2007-02-18 15:48:11'' [[nbsp]] Far - your points are certainly valid...there is always uncertainty, especially at this stage of downtown's life. But we really just don't know, in large part because outside of the Sagamore (which seems to have done well), none of these "plans" have made it past the planning stage. But let me make myself clear...I don't see anything as a "save-all", I fully expect that making downtown a vibrant place will take many, many small things. I think there is some demand for condos downtown. There is a fair amount of rental property downtown at a fairly high occupancy rate from what I have read. Is it that much of a stretch to think that some of those people that can afford Temple Building and other downtown rents would be potential buyers? I don't think so. Maybe that's just me because I am one of those people. Maybe you're right and maybe I am alone in that thought but I have a feeling there would be some real interest if anything ever progressed from a "plan" to an actionable reality. --["EricHoff"]

Rochwil

EricHoff — 2007-02-18T20:48:11Z

Comment added.

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	+ ------ + ''2007-02-18 15:48:11'' [[nbsp]] Far - your points are certainly valid...there is always uncertainty, especially at this stage of downtown's life. But we really just don't know, in large part because outside of the Sagamore (which seems to have done well), none of these "plans" have made it past the planning stage. But let me make myself clear...I don't see anything as a "save-all", I fully expect that making downtown a vibrant place will take many, many small things. I think their is some demand for condos downtown. There is a fair amount of rental property downtown at a fairly high occupancy rate from what I have read. Is it that much of a stretch to think that some of those that can afford Temple building and other downtown rents would be potential buyers? I don't think so. Maybe that's just me because I am one of those people. Maybe you're right, maybe I would be the only one but I have a feeling there would be some real interest if anything ever progressed from a "plan" to an actionable reality. --["EricHoff"]

Rochwil

FarMcKon — 2007-02-14T00:13:22Z

Comment added.

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	+ ------ + ''2007-02-13 19:13:22'' [[nbsp]] I get worried that 'Loft Style condos' have become another save-all by some people around the city. I've see 2-3 'loft style condo' building plans show up, then disappear again. But where are all these people coming from that want to live downtown, and can afford the rent? You certainly don't see them on the streets off-business hours much. --["FarMcKon"]

Rochwil

EricHoff — 2007-02-13T17:47:45Z

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- ''2007-01-30 17:59:15'' [[nbsp]] Let's get the Sibley Building out of Rochwil's hands (even if it takes use of eminent domain powers) and get a responsible developer to turn it into loft condos. There IS a demand for "for sale" flats in downtown Rochester. And this is the perfect building. The city can and should help force the issue. ULI got it right, now let's make it happen. --["EricHoff"]	+ ''2007-01-30 17:59:15'' [[nbsp]] Let's hope that this developer takes some significant action with this landmark building. Loft-style condos seems like a great fit, especially right across the street from the Temple Building. ULI got it right, now let's make it happen. --["EricHoff"]

Rochwil

EricHoff — 2007-01-30T22:59:15Z

Comment added.

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	+ ------ + ''2007-01-30 17:59:15'' [[nbsp]] Let's get the Sibley Building out of Rochwil's hands (even if it takes use of eminent domain powers) and get a responsible developer to turn it into loft condos. There IS a demand for "for sale" flats in downtown Rochester. And this is the perfect building. The city can and should help force the issue. ULI got it right, now let's make it happen. --["EricHoff"]

Rochwil

peteb — 2006-09-21T01:31:42Z

Renamed from "rochwil" (Capitalization)

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No differences found!

rochwil

2006-09-21T01:31:15Z

Map location(s) modified

rochwil

peteb — 2006-09-21T01:31:15Z

Fixed address for macro

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- \|\|1265 Scottsville Road, Rochester, NY 14624\|\|	+ \|\|[[Address("1265 Scottsville Road, Rochester NY, 14624")]] \|\|

rochwil

andrewhallidie — 2006-07-09T20:15:19Z

fix link

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- Rochwil is a limited liability corporation (LLC) set up by ["Wilmorite"], a Rochester-based, commercial real-estate development and management company. When Wilmorite set out to acquire the ["Sibley Building"] in the late 1980s, it created Rochwil Associates and got help from the International Brotherhood of Electrical Workers and the city. The union holds the mortgage on the building and the city has provided loans and tax abatement (called the PILOT program). Rochwil has also received some ["COMIDA"] help and loans from HUD.	+ Rochwil is a limited liability corporation (LLC) set up by ["Wilmorite"], a Rochester-based, commercial real-estate development and management company. When Wilmorite set out to acquire ["The Sibley Building"] in the late 1980s, it created Rochwil Associates and got help from the International Brotherhood of Electrical Workers and the city. The union holds the mortgage on the building and the city has provided loans and tax abatement (called the PILOT program). Rochwil has also received some ["COMIDA"] help and loans from HUD.

rochwil

TomMaszerowski — 2006-06-11T01:19:03Z

Found a phone number

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- \|\|(585) Unknown\|\|	+ \|\|(585) 783-2500\|\|

rochwil

TomMaszerowski — 2006-06-11T01:09:43Z

Created page

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	+ \|\|<bgcolor='#E0E0FF'>'''Location'''\|\| + \|\|1265 Scottsville Road, Rochester, NY 14624\|\| + \|\|<bgcolor='#E0E0FF'>'''Hours'''\|\| + \|\|Assume normal business hours\|\| + \|\|<bgcolor='#E0E0FF'>'''Phone'''\|\| + \|\|(585) Unknown\|\| + + + Rochwil is a limited liability corporation (LLC) set up by ["Wilmorite"], a Rochester-based, commercial real-estate development and management company. When Wilmorite set out to acquire the ["Sibley Building"] in the late 1980s, it created Rochwil Associates and got help from the International Brotherhood of Electrical Workers and the city. The union holds the mortgage on the building and the city has provided loans and tax abatement (called the PILOT program). Rochwil has also received some ["COMIDA"] help and loans from HUD. + + In 2003, the county took action against Rochwil for failure to pay back the PILOT payments and the city is currently repaying HUD on behalf of Rochwil. Rochwil is also in default on a development loan from the city. Total debt exceeds the value of the property. Mayor Duffy's administration is looking for the best way to resolve this issue under the assumption the debt will not be repaid by Rochwil. + + + [[Comments]]