The Crosby Co. has decided to explore alternatives rather than demolishing five buildings on its East Side complex at 183 Pratt St.
The metal stamping company’s application for demolition was denied by the Buffalo Preservation Board in December. Co-owner Jason Crosby said the company is now considering mothballing or rehabilitating the unused and deteriorating brick buildings. They stopped being used over the years as the number of employees dropped from 1,800 to 50.
“We are exploring all of our options – to stabilize the buildings and mothball or rehab some of them,” Crosby said. “Stepping back and looking at it long term, it may be more valuable to us having the buildings than an empty lot. We are going to do our due diligence.”
The company opened in 1896. Co-founder William H. Crosby’s name was enshrined in 1932 on Crosby Hall at the University at Buffalo’s South Campus, where he was a trustee, and the Crosby Building, which opened downtown in 1916, is named for him.