Jonathan D. Epstein, The Buffalo News
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Jonathan D. Epstein

Jonathan Epstein is a business reporter at The Buffalo News, where he covers real estate and development. He formerly covered banking and insurance, and has worked at The Buffalo News since January 2004. He is a graduate of the University of Rochester and Columbia University Graduate School of Journalism, and is an upstate New York native.


Canadian developer Harry Stinson has a signed contract to buy the Adam's Mark Hotel in downtown Buffalo. But the hotel's owner cautioned that the deal still has work before the sale closes. Stinson and Visions Hotels Chief Financial Officer Minesh Patel on Friday confirmed the formal agreement, which puts the transaction a step further than when Stinson disclosed in …

Aw, nuts. Just one year after closing its Elmhurst line of dairy milk after 92 years in business, Elma-based Steuben Foods is coming out with a new non-dairy milk that is already hitting store shelves. The new Elmhurst Milked product is a new line of vegan beverages, made from almonds, cashews, walnuts and hazelnuts. It's made using a patented "milking" technology th…

Community Bank System on Wednesday raised its quarterly cash dividend by two cents per share, or 6.3 percent, representing its 25th straight year of dividend hikes. The DeWitt, N.Y.-based company will pay the 34-cent-per-share dividend on Oct. 10 to shareholders of record as of Sept. 15. “The payment of a meaningful and growing dividend is an important component of…

Neighborhood Health Center has opened its newest site in Blasdell, marking the nonprofit community health care organization's fourth location in Western New York. The 38,000-square-foot site is in a former Jubilee Supermarket that was converted into a medical facility at 4233 Lake Ave. It's aimed at expanding services for patients in Blasdell, Lackawanna and South Bu…

More than 120 seniors have new homes in the newly rehabilitated Baptist Manor Apartments, after the faith-based affordable housing development reopened Tuesday. The 127-unit building offers independent-living for people aged 62 and over. It's a housing partnership between the state, 3D Development Group LLC and Baptist Manor, a nonprofit that was formed 40 years ago fro…

Six months after closing its Cheektowaga plant, MGS Manufacturing Group has sold the Walden Avenue facility to a growing Depew manufacturer. An entity called 2400 Walden Avenue LLC paid $400,000 last week to buy the former plastic mold injection plant from MGS Buffalo Real Estate Inc., according to documents filed with the Erie County Clerk's office. The buyer is contro…

For almost 60 years, the Pope family has been selling fruits and vegetables from local farmers near the corner of Main Street and North Forest Road in Amherst. What started as a small fruit stand has grown into the well-known George's Produce Market, named for George Pope, who started it in 1958 with his nine-year-old son, Donald. But now, faced with rising property …

A Stockton man was arrested and charged with an unsafe lane change and drunken driving after he lost control of his motorcycle and crashed on Route 430 in the Town of Sherman. Chautauqua County Sheriff's deputies responded to the accident Saturday night around 10 p.m. and found Donald R. Ladolce Jr. impaired by drugs and alcohol. The Sherman Fire Department took him to …

A man found with a known prostitute on a vacant city lot apparently had other desires on his mind when he was picked up by Buffalo Police late Saturday morning. When officers approached Robert Hopkins and the unidentified woman, he "became verbally agitated," according to a police report. He acknowledged that he was wanted on a warrant from the Erie County Sheriff's Off…

A 49-year-old Buffalo man who was seen drinking on the street near his home from an open bottle of beer was arrested after police said they also found he had marijuana on him. Officers on patrol approached Joe Matthews of East Delavan Avenue to write him up for a violation, but found marijuana inside his front left cargo pocket. They also discovered a large bag on him w…

A 36-year-old Buffalo man who was driving without his headlights on just before midnight Saturday was arrested for drunken driving after police stopped him and smelled alcohol on his breath. Sisi Lubala of Niagara Street was pulled over at Vulcan Street after officers saw him driving down that street past Crowley without the vehicle's lights on. Lubala "became belligere…

Apartment investors Matthew Cherry and Robert Morgan have acquired a two-bedroom townhome community in Niagara Falls, adding to their growing joint portfolio in the Buffalo-Niagara metropolitan area. Cherry's Tonawanda-based Glendale Development and Morgan Communities paid $5.5 million to buy the Milpine Gardens Townhomes at 8509 Krull Pkwy. The companies, through MC…

Real estate investor and developer Nick Sinatra is adding to his Buffalo empire again, buying up a Starin Avenue apartment complex and the two-story Elmwood Village building that houses the Thirsty Buffalo bar and restaurant. Sinatra, through 2319 Sheridan Drive LLC, paid $1.175 million last week to acquire the mixed-use building at 555 Elmwood Ave. from former owner Ch…

Four 21-year-old Buffalo women were arrested for stealing merchandise from Kohl's Department Store and then driving away – with young children under the age of 5 alongside. According to a police report, the women entered the Delaware Avenue store, took clothing into four separate fitting rooms, and hid the merchandise in the purses and bags that they brought with them…

Somebody wanted more than the whole enchilada from Lloyd's Taco Truck on Saturday. An unknown thief or thieves stole the cash purse from inside the cab of a 1999 Freightliner truck belonging to the popular mobile eatery early Saturday morning between 3:45 and 4:15, according to a police report filed by Christopher Klem, the company's director of truck operations. The tr…