Property wealth in a hot real estate market

Home prices have been surging here, a fact captured in the city of Rochester’s controversial recent property reassessments. When property values rise, it creates more wealth for homeowners—but a higher assessment does not necessarily translate into a tax increase.

Hyzon hits the road

The hydrogen fuel-cell technology firm, which arrived with fanfare in 2021, has exited Monroe County. It derived little benefit from a package of state and local assistance, economic development officials say.