Headlines Business

Court Papers Say Morgan Management Inflated Wind Damage Estimates on Apartment Buildings

Federal prosecutors have released court documents filed after the chief operating officer of Morgan Management admitted to inflating damage numbers on Morgan’s apartment properties after the March, 2017 windstorm.   The papers say Developer Robert Morgan’s company was paid nearly $3 million more than the actual cost of repairs because Scott Cresswell inflated the damage […]

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Headlines Business

Student Housing Plan Gets County IDA Approval

A plan to purchase and renovate a student housing complex from the Rochester Institute of Technology has been granted a tax reduction by Imagine Monroe, the County’s industrial development agency. 4000 River Road LLC also plans to add a new 80 unit building accommodating up to 260 more students. The project  drew attention because the […]

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Headlines Business

Rochester for All Seeks Records on Morgan Management Loans

Rochester for All, the group organized by former Mayoral Candidate Rachel Barnhart, is calling on the city to produce an accounting of all outstanding loans and grants it has awarded to Morgan Management and to DHD Ventures. The group says it asked for those figures as an open records request but was refused  because it […]

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