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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.


Business

Robert C. Morgan, the embattled Rochester developer who faces federal mortgage fraud charges, has transferred about half of his properties to a joint venture with a Pennsylvania company, according to court documents. An affiliate of the joint-venture partner also has taken over management of at least one of the properties, according to the documents. The joint-ventur…

Business

Plans for a 74-unit apartment complex near Cazenovia Creek in West Seneca are running up against neighborhood opposition, as residents of the street complain that the proposal is too big for the site and would swamp the sewer capacity. David Burke's Dato Development wants to construct a set of 11 buildings on the site of the former VFW Post 8113 Fraternal Lodge at 299 L…

Business

Seven months after Alliance Innovative Manufacturing in Lackawanna abruptly shut down, its owner has sold the manufacturing facility to a Blasdell company that makes racks, shelving and other storage products. Rapistak Corp., through the David Aidan Group LLC, paid $1.32 million for the 3.04-acre complex at 1 Alliance Drive, just north of Smoke Creek off the Hamburg Tur…

Buffalo

A real estate investor in Los Angeles has bought the Holiday Inn Buffalo International Airport for $3.7 million. Avi Perets – through DSM California LLC – purchased the 5.2-acre property at 4600 Genesee St. in Cheektowaga from an affiliate of LNR Partners. The Miami Beach, Fla.-based special loan servicer had taken possession of the hotel for $1 million in January 2017 …

Buffalo

A Bailey Avenue gas station and convenience store that operates under the Fastrac Cafe brand now has a new owner, after its East Syracuse-based parent was acquired by a global corporation based in the United Kingdom. EG Group, a Blackburn, England-based company, completed its purchase this month of Fastrac Markets' retail and gas stations, as well as its wholesale fuel …

Business

A Cheektowaga industrial warehouse used by a truck repair company and Catholic Charities has been acquired by another truck service firm for $1.25 million. Roy and Maria Pitman, through their Romar WNY Properites LLC, sold the 13,372-square-foot building at 1989 Harlem Road to 240 North Real Estate LLC. The buyer is controlled by Rebecca L. LaPaglia, vice president and …

Local News

Buffalo Police closed Main Street between Carlton and Virginia streets Tuesday night, after smoke was observed coming from a manhole cover on the block. Police spokesman Capt. Jeff Rinaldo said the smoke was caused by a "small electrical fire" that was put out by 11 p.m., but the Buffalo Fire Department was still on the scene investigating and checking the area.

Erie County

Erie County Executive Mark C. Poloncarz spent Tuesday in Washington alongside county-level political leaders from across nine states and the District of Columbia as they lobbied for their communities on infrastructure and community revitalization matters. The Northeast State Leadership Day included panel discussions on key topics, as well as remarks from Commerce Secret…

Crime

State troopers in the Southern Tier arrested three out-of-state individuals – two from Indiana, one from Illinois – for marijuana possession on Monday after they were stopped for excessive speeding in Jamestown. State Police said troopers stopped Angel Rocha, 21, of Griffith, Ind., for driving 90 miles an hour in a 65 mph zone. Troopers found that Rocha had an e-cigaret…

Local News

Niagara Falls police warned the public of a suspicious individual on a stretch of McKoon Avenue where an unknown individual has been gaining entry to homes only to sit inside while the residents are asleep. The police bulletin, posted on social media Tuesday, said the incidents began in December but increased as of July, with most cases occurring in the 2700 to 2900 blo…

Buffalo

The Buffalo Planning Board Monday backed a zoning map amendment that would help a proposed new urgent care center project move forward at Elmwood Avenue and Amherst Street — but again held up Severyn Development's planned five-unit townhouse project at Jersey and 14th streets. The board recommended approval by the Common Council of a request by Caliber Commercial Broker…

Buffalo

Community members had a chance Monday to weigh in on two major development projects along Elmwood Avenue — and they didn't take it. The Buffalo Planning Board held public hearings about the Albright-Knox Art Gallery's proposed expansion and the planned conversion by Ellicott Development Co. and Sinatra & Company Real Estate of the former Women & Children's Hospi…

Business

McGuire Development Co., the real estate brokerage and development arm of nursing home operator McGuire Group, has expanded its presence in the Florida market with a new Fort Lauderdale office. A "core team" from the Buffalo-based developer has been focusing for years on building relationships in South Florida, to cultivate teams that could take on "unique" projects, ac…

Buffalo

Ciminelli Real Estate Corp. on Friday completed its $2.325 million purchase of a downtown parking lot between the Central Library and the bus terminal that is slated to become the site of a $50 million affordable housing building with a fresh-foods market and wholesale store. The Buffalo-based developer bought the 375-space parking lot at 201 Ellicott St., capping off a…

Buffalo

State environmental officials are seeking public comment on a pair of pending remediation proposals for properties in Buffalo and Hamburg under the state's Brownfield Cleanup Program. An entity called Betlem Associates – registered to the same Buffalo address as Upstate Steel – has submitted an application and draft remediation plan to the state Department of Environmen…