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Conifer plans move to Gleason Business Park

Rochester Business Journal
August 18, 2014

Rochester real estate company Conifer Realty LLC is moving its offices on East Main Street to the Gleason Business Park on University Avenue.

Conifer, a specialist in the development and management of affordable housing, is expected to be approved for sales tax exemptions of $64,558 by the County of Monroe Industrial Development Agency at its monthly meeting Tuesday.

The benefit to the community is projected to be $169,847, including income tax revenue of $93,655 and sales tax revenue of $76,192.

The company plans to spend nearly $1.3 million to upgrade its 20,000-square-foot new home and add at least four workers to its current employment of 168.

Conifer owns and manages 13,000 apartments in New York, New Jersey, Pennsylvania and Maryland, company officials said.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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