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David Robinson

David Robinson is the deputy business editor for The News, where has worked since graduating from Syracuse University in 1985. A New Hampshire native, he started out in the News' Tonawanda bureau and moved into the business news department in October 1987, exactly a week after the stock market crash.


Business conditions in Western New York improved sharply last month, the Purchasing Management Association of Buffalo said Tuesday.Last month's improvement reversed a slowdown in the area's economic conditions that was apparent in the group's December report. But Robert E. Schenk, the chairman of the group's business survey committee, said it may be too early to tell …

It's TAX season- a time when homeowners really come to appreciate the savings they get from deducting the interest they pay on their mortgages.But the mortgage interest deduction isn't worth the same for all homeowners, says John Pfister, vice president and manager of market research for Chicago Title Insurance Co.Generally, the richest homeowners benefit the most fro…

The downtown office occupancy rate improved to 87.9 percent late last year from 86.6 percent in 1987, a new study by the city Planning Department reported.The study also said the occupancy rate for Class A space -- the highest grade of office space -- dipped slightly to 97.3 percent during December, down from 97.6 percent last May.Much of that decline, however, is bec…

The Market Arcade 8 movie complex in downtown Buffalo is getting good reviews from General Cinema Theatres' most important critic -- the company president.And the reason General Cinema Theatres President Paul R. Del Rossi is happy is because about 400,000 Western New Yorkers came downtown last year to see a movie at the 13-month-old Market Arcade 8 complex.That, in te…

J.C. Penney Co. said Wednesday it will close its stores in Seneca Mall in West Seneca and Thruway Mall in Cheektowaga shortly before opening a major new store in Cheektowaga's Walden Galleria mall.The decision by J.C. Penney, plus an earlier announcement that Sibley's will close its Seneca Mall store by late spring, most likely will leave the shopping center without a…

SOMETHING UNUSUAL is going on in the topsy-turvy world of mortgage rates.While rates on fixed-rate mortgages have been dropping, the rates on adjustable-rate loans have been rising as the Federal Reserve Board tries to control inflation by boosting short-term interest rates.And although lenders say they can't predict how long that trend will continue, some say they do…

SOMETHING UNUSUAL is going on in the topsy-turvy world of mortgage rates.While rates on fixed-rate mortgages have been dropping, the rates on adjustable-rate loans have been rising as the Federal Reserve Board tries to control inflation by boosting short-term interest rates.And although lenders say they can't predict how long that trend will continue, some say they do…

A 306-dock marina off East River Road in Grand Island, which will allow boaters to sign a long-term lease for a slip, is expected to be completed by June 1, the project's developer said.Timothy House, president of River Oaks Marine Inc., said construction began last Thursday on the $2 million project, which will allow boaters to sign long-term leases for their slips, …

A 306-dock marina off East River Road in Grand Island, which will allow boaters to sign a long-term lease for a slip, is expected to be completed by June 1, the project's developer said.Timothy House, president of River Oaks Marine Inc., said construction began last Thursday on the $2 million project, which will allow boaters to sign long-term leases for their slips, …

Delta Air Lines Inc. today became the eighth major airline offering regular passenger service from the Greater Buffalo International Airport when it began the first of three daily flights to and from Atlanta.The move into the Buffalo airport is part of the airline's efforts to expand its operations across Upstate New York, said Chuck Jensen, Delta's district marketing…

Delta Air Lines Inc. today became the eighth major airline offering regular passenger service from the Greater Buffalo International Airport when it began the first of three daily flights to and from Atlanta.The move into the Buffalo airport is part of the airline's efforts to expand its operations across Upstate New York, said Chuck Jensen, Delta's district marketing…

After nearly two years of squabbling, worrying and anticipation, all the questions about the Walden Galleria shopping mall are starting to be answered.If 1988 was the year that the 220-store mall moved from an idea to concrete and structural steel, 1989 promises to be the time when Western New Yorkers will find out just how much of an effect the Galleria will have on …

More than anything else, 1988 was the year of the builder.For the first time in more than a decade, builders were proposing major developments, each one with hundreds of single-family homes, condominiums and town houses, while the number of single-family housing starts hit its highest level in at least 10 years.And despite a decline in the number of existing home sale…

The downtown office market grew at its fastest rate in nearly three years during the second half of 1988, but the demand for that space more than kept pace and pushed the city's occupancy rate slightly higher, a new study says.Above all, members of the Building Owners & Managers Association of Buffalo Inc. say the group's report shows that the downtown office market r…

Despite ending the year with a thud, thanks to a 12.5 percent decline in December, construction in Erie and Niagara counties shot up by 39.2 percent last year, an industry survey said.The F.W. Dodge division of McGraw Hill Co. reported that the value of building contracts in the two counties reached $880.7 million last year, compared to $632.4 million during 1987.Whil…