About ARC
Arnot Realty, a private corporation, is one of the largest real estate developers in the Southern Tier of New York, U.S.A. As a major developer, with holdings of over 1.5 million square feet of commercial real estate, Arnot Realty has been a driving force in commercial real estate property development. Arnot Realty has major holdings including an enclosed one million square foot shopping mall, an open air shopping center, various office buildings located in Elmira, Horseheads, Big Flats and Corning, a 160 unit luxury apartment home community, and over 200 acres of undeveloped land.
Chemung County is poised in the southern Finger Lakes region of New York. The Finger Lakes and the Southern Tier is experiencing growing notoriety as one of the best kept secrets in the United States. Known best for its rolling hills, award winning wineries, glassmaking, fine arts and glacier carved lakes; the Finger Lakes of New York has become a popular tourist destination, drawing millions of tourists annually. Additionally, the Southern Tier has a strong industrial presence as home to major employers including Corning, Inc., Hardinge, Inc., Fortuna Energy, Chesapeake Corp., CAF USA, Eaton Cutler-Hammer, Emhart Glass, General Revenue Corporation, The Hilliard Corporation, Howell Packaging, Imaging and Sensing Technology Corporation, Kennedy Valve, St. Paul Travelers, Schweizer/Sikorsky Aircraft, Synthes USA, Vulcraft of New York, Inc. and United Technologies. In addition, hospitals employ more than 8,300 people in the area, making healthcare one of the leading industries. Currently, the Southern Tier is experiencing a gas well “boom”, with over 70 functioning gas wells and the Millenium Pipeline project throughout the region.
