The Buffalo Niagara job market finished last year with a flourish. The region added jobs at a 1.3 percent annual pace during December – just slightly below the national growth rate – as a surge at local hotels and restaurants, combined with solid gains in holiday hiring at stores, offset continued job cuts at local factories, the state Labor Department said Thursda…

A New York City firm that plans to redevelop the Pierce-Arrow administration building in North Buffalo into apartments wants tax breaks from the county to get the $29 million project done. Read Property Group and previous owner Joseph Hecht want to renovate the 190,000-square-foot complex on Elmwood Avenue. The project includes the historic administration building, a…

By Tom Metcalf The rally in bank stocks since Donald Trump’s surprise victory in November has minted a new billionaire banker ahead of Friday’s inauguration. Robert Wilmers, the 82-year-old chief executive officer of Buffalo, New York-based M&T Bank Corp., has seen his lender’s shares rise 23 percent since the election. He’s added more than $100 millio…

KeyCorp and First Niagara Financial Group have blended well together, nearly six months after Key finished the $4 billion deal, said Beth E. Mooney, Key's chairman and CEO. "As we go into 2017, there is a body of work around completing the cost savings, but most of our folks are back to focusing on growing our deposits, growing our clients and really focused on running …

The controversial Start-Up NY economic development program that granted lucrative tax breaks to businesses but created relatively few jobs would get a makeover under Gov. Andrew M. Cuomo’s budget proposal. The revamp is an about-face by the Cuomo administration for a program that it had hoped would become a magnet for early-stage businesses by offering them the potent…

Texas Roadhouse, a Western-themed steakhouse, will open a new location in Cheektowaga this spring. The restaurant will be located at 3755 Union Road in front of Sam's Club in the Consumer Square plaza behind the Holiday Showcase. The company is on track to open in March. There is currently a Texas Roadhouse on Young Street in the City of Tonawanda in the Tops Markets…

A Williamsville developer is asking the Town of Amherst to rezone seven acres of land along Sweet Home Road where he plans to build 79 upscale apartment units, according to plans filed with the Amherst Planning Board. Robert A. Savarino would build two three-story apartment buildings, along with six single-story garage buildings, on seven acres of the nearly 12-acre par…

Evans Bancorp is stockpiling financial fuel for the future. The Hamburg-based parent of Evans Bank on Wednesday rolled out a common stock offering of $14 million worth of its shares, priced at $35 a share. Institutional investors bought up the shares. David J. Nasca, Evans' president and CEO, said the timing was right for the offering, with an eye toward growth. "…

Former Buffalo Bills' head coach Rex Ryan's home is on the market. The Orchard Park home at 50 Grand View Trail he shared with his wife, Michelle, was listed this week for $1.1 million. Here's the listing, which includes photos. Amy Pfister, the broker from Realty USA, describes the hilltop home as a "premier lot with scenic views of the city ... most exclusive area…

Firefly Cupcakes, a popular bakery at 700 Main St. in East Aurora, closed Saturday. "I have made the incredibly difficult decision to close Firefly Cupcakes," owner Wendy Egloff wrote on the company's website. "Thank you for being so supportive over 6 and a half years." The company had also expanded to a second location at 1008 Elmwood Ave. in the former Zillycakes s…

The Buffalo Planning Board on Tuesday postponed action on the Buffalo Municipal Housing Authority's proposed project to redevelop its A.D. Price Courts housing project, citing hesitancy over a pending state report about the historic merits of the existing buildings that would be demolished. BMHA, together with affiliate Bridges Development Inc. and partner Norstar Dev…

Northwest Bank plans to add 70 jobs within a few months when it opens a New York region headquarters and operations center in Amherst. The office at 375 Essjay Road will have a total of 100 employees, including 30 existing jobs that the bank will consolidate there from other locations in the Buffalo Niagara region, said John J. Golding, Northwest's New York region presi…

SolarPark Energy wants to build a $7.5 million 18-acre solar farm on Grand Island with an option to expand to another 40 acres on undeveloped industrial property on Lang Boulevard, off of Grand Island Boulevard, according to town officials. Deputy Supervisor James R. Sharpe told The Buffalo News that the company's proposal is to build two 9-acre farms - each with two me…

David S. Mingoia has held the title of interim executive director and chief financial officer of the Amherst Industrial Development Agency, but that is about to change. The board of directors of the IDA plans to remove the interim tag when it meets Friday. Mingoia has held the position on an interim basis since April 15, when James J. Allen retired after 36 years ove…

A one-story brick building and almost one acre of land near the entrance to Niagara Falls State Park has been donated to Niagara County Community College Foundation, NCCC  President James P. Klyczek announced Tuesday. The Cordish Companies, which is based in Baltimore, donated the property at 333 Prospect St. in Niagara Falls to the college. The parcel includes a …