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Jonathan D. Epstein

Jonathan Epstein is a business reporter at The Buffalo News, where he covers commercial and residential real estate and development. He has worked at The News since 2004.


Buffalo

TM Montante Development has completed its effort to clear a large pile of dirt and debris on the site of the former Millard Fillmore Hospital at Gates Circle. Dump trucks spent weeks loading and carting away more than 3,000 tons of crushed concrete from the site, fulfilling a promise made to residents, city officials and the leadership of Canterbury Woods, a senior hous…

Buffalo

An East Side construction contractor that has long owned a warehouse on Jefferson Avenue is seeking to convert part of his property to more permanent office space for his business and other subcontractors. Michael R. Brundige, owner of MRBS Inc., has been using a warehouse at 1559 Jefferson Ave. for storage and other purposes, but now plans to renovate it and a rear cot…

Buffalo

Hormoz Mansouri has wanted to do something big with a property he has owned for more than 13 years on Buffalo's East Side. Now he's going to get his chance. Mansouri, owner of architectural and development firm EI Team, received approval from the Buffalo Planning Board Monday night to construct a five-story apartment building with ground-floor retail shops near the form…

Business

A New Jersey distributor of lawn and snow removal equipment wants to double the size of its warehouse and logistics operation in Erie County to handle its rapid growth. But the company, KPM Exceptional LLC, is hoping that the Erie County Industrial Development Agency will lend a helping hand with the $1.332 million project that will produce two new jobs. KPM, a 62-ye…

Buffalo

Washington developer Douglas Jemal can move ahead with his latest facade renovation and addition at One Seneca Tower, after the Buffalo Planning Board approved his proposal Monday night. Jemal's Douglas Development Corp. is adding a one-story building on the southeastern corner of the plaza, creating another 20,144 square feet of commercial office space, while extending…

Buffalo

Ellicott Development Co. expects to break ground by late fall on the newest phase of its redevelopment of the St. Paul Mall campus north of the Buffalo Niagara Medical Campus, after the Buffalo Planning Board Monday approved the $60 million project. The Buffalo-based developer wants to construct a new nine-story building at 1091 Main St., with a six-story parking ramp a…

Business

Frank Ciminelli II is kicking off a major expansion into the New York City area with the acquisition of another firm in the construction field. Ciminelli's Arc Building Partners said Monday that it purchased the business of Claremont Construction Group, an affiliate of Claremont Companies in Far Hills, N.J. The move comes less than two years after Ciminelli spun off …

Buffalo

Construction crews building new apartments on the site of the former Buffalo Forge Manufacturing Co. on Broadway have moved to the next phase of the $50.7 million project. Workers have finished framing the four-story section of the project along Broadway and are installing the roof. The last foundations along Mortimer Street are being completed, said Stuart Alexander, f…

Local News

Washington developer Douglas Jemal has completed his previously announced purchase of Buffalo's former police headquarters building near Niagara Square, paving the way for him to begin a $30 million redevelopment into a new set of downtown apartments, to be dubbed "The Police Apartments." Jemal paid $3.05 million for the four-story building at Franklin and Court streets…

Buffalo

Less than a month after getting city approval for the last set of changes to his One Seneca Tower project, developer Douglas Jemal is coming back for yet another addition and facade improvement – this time to the corner of Exchange and Washington streets. Jemal's Douglas Development Corp. is proposing a one-story addition on the southeastern corner of the tower's plaza,…

Buffalo

Marvin Wilmoth and Anthony Ceroy are undertaking one of Buffalo's biggest and most visible projects – at Silo City. They are proposing an ambitious project to remake Silo City into a new community that combines artists' studios and gallery space with residential apartments and retailers. And they're taking an unusual approach. Wilmoth and Ceroy are the founders an…

Buffalo

Eight years after buying the abandoned Statler Towers out of foreclosure, owner Mark Croce is now planning to spend $3 million on a series of exterior repairs and renovations as part of a comprehensive restoration of the building's first two floors. Plans filed with the Buffalo Preservation Board show that Croce's Statler City LLC wants to remove elements of the buildin…

Creative nomenclature is not something typically found in limited-liability corporations. The entities known as LLCs for short are often used in business and real estate as a means of conducting transactions while shielding the real owners or operators behind a venture from bankruptcy, foreclosure or litigation. Since there's no requirements regarding naming – aside fro…

Business

A federal judge on Wednesday denied a request by the U.S. Securities and Exchange Commission to freeze the assets of Rochester developer Robert C. Morgan as the government pursues its securities fraud case against him. But U.S. District Court Judge Elizabeth Wolford allowed other protections, including issuing a temporary restraining order barring litigation against Mor…

Buffalo

Acres Capital, the Long Island firm that loaned $36.3 million to the developers of the Monarch 716 student-housing complex, has formally taken possession of the facility on Buffalo's West Side after the former owners defaulted. Acres, of Westbury, N.Y., completed its $14 million "paper" purchase of the 10-building complex at 100 Forest Ave. on Tuesday, just two months s…