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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

National architectural and engineering firm Bergmann PC has expanded its Buffalo office, looking to capitalize on the growing redevelopment activity. The Rochester-based company, which employs more than 400 across the Northeast, Midwest and Atlantic regions, relocated its downtown office from 7,700 square feet in the Waterfront Village office complex to a larger 12,000-…

Buffalo

The new owner of a vacant lot on Linwood Avenue is proceeding with the prior owner's plans for a new three-story apartment building – but now he wants to ezpand the lower unit, so he has his own place to live. That means Joseph Carubba has a scheduled collision with the Buffalo Planning Board first. Carubba bought the quarter-acre site at 295 Linwood from Jesse Hawke…

Business

Don't expect the rash of new apartment building to stop anytime soon – unless the music stops. For the past few years, Buffalo developers have been putting up new apartment projects through the city like there's no tomorrow. They're eager to feed both the pent-up demand from the past for new options, as well as the growing demand among young professionals and empty n…

Business

When it comes to back-office facilities and call centers, Buffalo is certainly no backwater. Western New York has a well-established reputation as an attractive destination for back offices because of the lower costs of real estate, wages and energy that make it appealing to companies. That's helped it lure the likes of Geico Corp., Citigroup, Bank of America, Yahoo!…

Prospectus

The landscape and skyline of Buffalo have certainly changed in recent years, with a host of new real estate development projects that have added to the downtown core, the Buffalo Niagara Medical Campus, and even some other parts of the city. But those aren't the only changes. And their builders aren't the only change-makers. While LECOM Harborcenter, 250 Delaware, 50…

Business

The office in Buffalo is getting a whole lot cooler. No, I don't mean the temperature is going down. I'm talking about the trendiness and "hip factor" of the environments in which people work. It's not exactly a real hot and sexy topic, but the office is where many of us spend the majority of our working days. And what's coming out now aren't your parents' work space…

Business

The saga of Robert Morgan's cellphone continues. In our last episode, the embattled Rochester developer – who faces a criminal indictment on mortgage and insurance fraud charges – had filed a motion in federal court seeking to have his iPhone returned to him. He claimed that prosecutors have held the phone since the May 2018 FBI raid that preceded the first set of charg…

Buffalo

The Shoreline Apartments are finally coming down. Crews hired by Norstar Development USA began assembling Thursday morning on the site of the low-income housing project along Niagara Street to start the long-awaited demolition. "It is finally coming down. We’re very happy about that," said Linda L. Goodman, senior vice president of Norstar, who has been involved in p…

Buffalo

Douglas Jemal, the owner of Seneca One tower, wants to put his tax dollars to work – in the area around downtown's tallest building. Jemal's Douglas Development Corp. is working with the City of Buffalo and the Erie County Industrial Development Agency on a unique and special financing arrangement that could ultimately provide as much as $20 million for Cars Sharing Mai…

Business

Not content to limit himself to Buffalo, Washington, D.C., developer Douglas Jemal is making another major purchase, this time in Syracuse. Jemal signed an agreement last week to buy M&T Bank Corp.'s landmark Central New York regional headquarters building, kicking off yet another adaptive reuse project of a historic downtown office building. Terms of the deal, w…

Buffalo

Benderson Development Co. and Derrick Corp. have swapped land in Cheektowaga that will enable the developer to construct a new retail project on the site of a former Kmart store while restoring the industrial manufacturer's access to the road. Benderson paid $2.72 million to buy the former Kmart store property at 2055 Walden Ave. from Derrick, which then paid $1.86 mill…

Business

Gov. Andrew M. Cuomo's long focus on the state's economic development and job growth efforts now are taking a back seat to the environmental, social, educational and other progressive issues that are dominating the national political debate. But that doesn't mean the spigot has been turned off, either. Cuomo announced Tuesday that he wants to allocate more than $1.1 …

Buffalo

Two sets of developers are preparing to move forward with separate Elmwood Village projects for a 26-unit apartment building and 20 for-sale townhomes – but first, they are asking the city's Preservation Board to let them demolish four residential houses and a mixed-use building in the way. Developers Nick Sinatra and William Paladino have applied to take down a triple …

Buffalo

The city's oldest surviving building constructed by the Buffalo Fire Department may get historic protection against excessive alterations or demolition, if its owner succeeds with its request to the Buffalo Preservation Board. The Western New York Veterans Housing Coalition wants to protect its 136-year-old home at 1416 Main St. by having the former Engine No. 16 fireho…

Buffalo

A two-year-old Buffalo charter school plans to relocate from its temporary rental space on Michigan Avenue to a boarded-up former public school building at the corner of Urban and Moselle streets, which it will redevelop into a permanent location for its K-8 program. Persistence Preparatory Academy Charter School is asking the city to approve a designated developer agre…