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.


Buffalo

Got a craving for Sinatra's lasagna? Just a few more weeks to go. After months of construction, the new Sinatra's restaurant in the Village of Kenmore is slated to open in December, just before the holiday season and in time to greet its loyal customer base. That's the word from developer Nick Sinatra, who is building a three-story mixed-use building at 945 Kenmore Ave.…

Two of the largest Western New York trade groups within the construction industry have joined forces to share resources, staff and services for their members while maintaining separate identities. The Construction Exchange of Buffalo and WNY Inc. and the Buffalo Niagara Builders' Association signed an administrative services agreement under which they will operate under…

Buffalo

Construction on 30 townhouses on part of the former Central Park Plaza site will likely get underway by the middle of next year, now that the Buffalo Planning Board has approved the proposal. Elim Christian Fellowship's Elim Community Development Corp. and Belmont Housing Resources have teamed up to construct the affordable-housing complex of five two-story buildings at…

Buffalo

The Buffalo Planning Board on Monday again approved the Buffalo Federation of Neighborhood Centers' Westminster Commons project on the East Side, after the project took so long to get started that the original approval expired. The nonprofit consortium of human-services centers plans to construct a new apartment complex with supplementary services to support seniors a…

Business

Bob Richardson and Therese Fuerst believe there isn't enough capital available locally to fund all the potential development possibilities. So they're trying to do something about it. The duo are partners in Blue Cardinal Capital, a new real estate private-equity firm in Buffalo designed to pool investment dollars from wealthy individuals, families or organizations t…

Buffalo

A plan to convert part of a vacant former church on Linwood Avenue into a new senior housing facility is generating a rare display of tension between two municipal agencies in Buffalo, as the Preservation Board sought Monday to assert authority over the Episcopal Diocese's project. Representatives of the diocese presented their proposal to the Planning Board for 28 apar…

Mt. Aaron Missionary Baptist Church finally got the needed go ahead -- to construct a 66-unit affordable-housing community on the East Side. The Buffalo Planning Board Monday approved the church's proposal for its Community Hope Builders CDC Inc. affiliate to build the Mt. Aaron Village affordable-housing community, with four buildings at 695 Genesee St. Plans by S…

Business

FBI agents investigating the borrowing practices of Robert C. Morgan's real-estate companies are scrutinizing their "rent rolls" — data the firms gave lenders to qualify for multimillion-dollar mortgages, two sources with direct knowledge of the matter tell The Buffalo News. The News reported in September that the FBI and the U.S. Attorney's Office in Buffalo are exam…

Business

Home prices have been steadily climbing in the Buffalo area, and million-dollar sale is a benchmark  broken more frequently the past couple years. Four enormous homes recently sold above the $1 million mark. Million-dollar home purchases are still rare, with only 13 in Erie County in last year and 11 so far this year. As such, they invariably grab attention as a sig…

Community Services for the Developmentally Disabled unveiled its new Jefferson Career Center on Buffalo's East Side this week, with various career suites designed to help youth and adults gain skills for the workplace. The nonprofit agency spent $1.3 million to create the career training complex inside a 13,020-square-foot, Tudor-style brick building that was formerly h…

Buffalo

The Episcopal Diocese of Western New York is hoping its proposal to convert the former Church of the Ascension into affordable senior housing will get a green light from the Buffalo Planning Board. The Diocese and its affiliate, Episcopal Community Housing Inc., are seeking a series of city approvals to renovate the historic church at 16 Linwood Avenue and 67 North St. …

Buffalo

A trio of developers will air their proposal before city planners on Monday to convert a historic West Huron Street building into the second home for the city's Emerson School of Hospitality. McGuire Development Co., Mark Croce and James Jerge want to renovate the vacant C.W. Miller Livery building at 73-79 West Huron into a new high school. The project, which has been …

Buffalo

Elim Christian Fellowship Church next week will air its plans to build 30 townhomes next to the old Central Park Plaza site, as the church and its nonprofit housing affiliate seek to build on a larger redevelopment planned for the neighborhood. Elim Community Development Corp. wants to construct an affordable-housing complex of five two-story buildings on 2.19 acres at …

Buffalo

This time, it's for real. The owners of Buffalo's oldest home are putting the Coit House up for sale, just three months after an attempt to test its value led them to declare in no uncertain terms that they weren't selling. Tim Boylan and Sue-Jolie Rioux said in August that their $800,000 "Make-Me-Move" posting on Zillow was just a wild attempt to see if their house …