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Buffalo

There's apparently a lot of money to be made in leasing office space to government agencies. A Washington, D.C.-based real estate investment trust has completed its purchase of downtown Buffalo's prominent Niagara Center building, paying $89 million for the eight-story facility at 130 S. Elmwood Ave. That's one of the highest prices paid for a single property in West…

Buffalo

A suburban Rochester nonprofit that serves people with intellectual and development disabilities has been selected by the City of Buffalo to redevelop a former East Side school into a 48-unit affordable housing apartment building. CDS Monarch, based in Webster, beat out four other proposals to win a recommendation by the city's Office of Strategic Planning as the "best-…

Buffalo

An upstate distributor of breads and other baked goods is adding 10 new loading bays to its Seneca-Babcock area warehouse after it landed a pair of major contracts to supply more than two-dozen Walmart stores in Western and Central New York. Midstate Bakery Distributors Inc. has been retained to deliver more than nine categories of bread products for the Arkansas-based …

Buffalo

The acquisition and relocation of a Vermont company has prompted Graphic Controls to seek a major expansion of its Exchange Street operations to accommodate its growth. The Buffalo-based maker of recording equipment, charts and ink wants to add a 30,000-square-foot building at 400 Exchange St. to provide it with more warehouse and distribution space. That's needed as th…

Amherst

A well-known social services agency for the developmentally disabled is reconfiguring its longtime administrative home in Buffalo while moving its headquarters to Amherst, as it seeks to provide more extensive help for its clients. The Arc Erie County New York – formerly Heritage Centers – wants to consolidate its main offices and bring more day habilitation and therapy…

Local News

The champ was still hungry. Halfway through the U.S. Chicken Wing Eating Championship on Sunday, the event's host surveyed the 12 competitors' trays and declared Joey "Jaws" Chestnut was trailing. The stage, in Coca-Cola Field's outfield, was set for an upset. But Chestnut had won the event four times in a row and wasn't about to throw in the paper towel. Chestnut…

Business

Four years ago, Buffalo investment adviser Walter F. Grenda Jr. faced a federal fraud investigation related to misleading sales of a hedge fund to clients. So he sold his business and existing client base to Grenda Group LLC, led by his son, Gregory Grenda. And a year later, the Securities and Exchange Commission barred him from the industry. But that apparently didn…

Buffalo

Businessman Nick Sinatra is once again in the firing line of left-leaning advocacy groups, as the prominent developer was late for the second time this year on several hundred thousand dollars in city taxes for a host of his Buffalo properties. On Monday, the city's online property tax records database showed Sinatra, one of the city's largest and fastest-growing proper…

Buffalo

Property owners on a stretch of Seneca Street can now apply for state-funded matching grants to help give their buildings a makeover. The grants can be used to cover the cost of rehabbing and enhancing building facades, as part of the newest effort to strengthen the heart of the South Buffalo commercial corridor. The facade improvement program is designed to revitali…

Buffalo

Construction crews are removing the extra two Metro Rail station shelters at Canalside, as part of the plan to restore car traffic to that portion of Main Street, now that the workers and utility companies have completed their excavation of test pits to identify where underground utility connections are. The Canalside station has long had double stops on each side of th…

Buffalo

Some of Buffalo's biggest and most active real estate developers are among the largest beneficiaries of a special city property tax exemption — one that is frequently used in Buffalo, but is not well-known, understood or monitored by taxpayers. That's the conclusion of a new report by an advocacy group, which is raising concerns about the lack of oversight and potential…

Buffalo

More than 400 workers at the Erie County Department of Social Services will move to the suburbs from downtown Buffalo – two years after a botched deal to move them from the offices they've been in for more than 27 years. About 436 employees who provide child protection and support, foster care and adoption services will relocate from the former Hens & Kelly departme…