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Faith helping push East Side develoment.

From Business Today:

Development on the East Side of Buffalo is being carried out almost exclusively by churches. Large scale housing projects, training centers and retail stores are being Church business 08planned and developed by the churches in the neighborhoods they serve. Some of the projects are dovetailing with the city's investment in the Buffalo Medical Corridor. All are hoping some private investment will follow.

Rising gas prices are putting a crimp into your budget, not doubt, but don't blame the convenience store clerks. They're taking a little VALEROextra grief from some customers. It turns out convenience stores suffer too when gas prices rise. People spend less in the stores when they are spending more at the pump.

Small business loans are down in Western New York as compared to last year. The Small Business Administration has stopped an incentive program that helped boost loans last year, but small business owners are also getting more cautions. The economy may be improving on the macro level, but at the very local level, people are still a little skittish.

The Visit Buffalo Niagara tourism agency is pushing to capitalize on the city's historical architecture as a linchpin in the region's tourism efforts. Executive Director Dottie Gallagher-Cohen says there is more of a market in that realm than most people think.

RCR Yachts has been selling boats to lake sailors for more than 40 years. And their message: you don't have to be "a Vanderbilt" to own one.

Recent real estate transactions.

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