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Business

When it comes to money, Buffalo Mayor Byron W. Brown knows exactly who's in charge. During the formal groundbreaking ceremony for Ciminelli Real Estate Corp.'s new West End townhouse project, the mayor noted that the new 20-unit development will add $336,000 to the city's annual tax base each year when it's completed in 2022. "Yes, I do watch those numbers, folks," h…

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…

Business

Longtime Ciminelli Real Estate Corp. executive Robert McDonnell has been hired by the commercial division of Hunt Real Estate Corp., bringing the veteran leasing executive back to help lead the firm where he got his start. McDonnell will be the new chief operating officer of Hunt Commercial Real Estate. He was previously senior vice president and broker-of-record at Cim…

Business

Paul Ciminelli is happy to be in downtown Buffalo, and even happier not to be in downtown Rochester. The owner of Ciminelli Real Estate Corp., which just moved its corporate headquarters from Amherst to Fountain Plaza a couple of weeks ago, said he and his employees are thrilled to be in the heart of the city. "Everyone loves it. People were a little skeptical, but w…

Buffalo

A pair of downstate investors have acquired two of the three Elmwood Village apartment properties that Ciminelli Real Estate Corp. put up for sale in October after the developer concluded they weren't needed for its controversial planned $40 million residential project. Matthew Hornstein and Maximilian Polsky, operating as M2 Acquisitions LLC, paid nearly $1 million for…

Buffalo

Ciminelli Real Estate Corp.'s effort to make some money off an underused property on Elmwood Avenue was dealt a blow this week when the city's Zoning Board of Appeals rejected its request for a variance to allow a commercial parking lot on the site. Ciminelli had planned to convert the private lot of the former J.P. Bullfeathers restaurant at 1010 Elmwood into an AllPro…

Business

For more than 45 years, Dennis Penman has been a fixture in Buffalo's real estate community, primarily in housing development. The Western New York native focused his efforts on building up residential development projects, affordable housing and single-family homes in Buffalo and its suburbs, particularly through M.J. Peterson Corp. That's where he spent most of his mo…

Buffalo

A proposal by Ciminelli Real Estate Corp. to turn the former J.P. Bullfeathers' parking area on Elmwood Avenue into a commercial lot for Allpro Parking may be yet another indication that the developer's controversial proposed Arbor + Reverie development project isn't going anywhere soon. Ciminelli is seeking a variance from the city's Zoning Board of Appeals to allow us…

Buffalo

For decades, a grassy 2.4-acre parcel of city land sat vacant on the waterfront amid the condos and townhouses that overlook Erie Basin Marina. The plot, one of the last remaining greenspace parcels within Waterfront Village, is now at the center of friction between Ciminelli Real Estate Corp. and residents of several of the community's 11 different developments. The…

Buffalo

The Buffalo Planning Board Tuesday evening agreed to take the lead in state-mandated environmental reviews for a proposed Ciminelli Real Estate Corp. condominium and townhouse project at 240-260 Lakefront Blvd. and for Ellicott Development Co.'s proposed redevelopment of the facility at 55-59 Chicago St., known as the Cooperage. Ciminelli plans to construct seven townho…

Buffalo

Ciminelli Real Estate Corp. has unveiled revised plans for a condominium and townhome project at Waterfront Village, after more than three years of community input and public comment that led to a reduction in height and mass of the buildings. The Amherst-based developer, which is moving its headquarters to downtown Buffalo, is still planning on a total of 31 for-sale r…