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Buffalo

TM Montante Development is on the verge of buying out embattled developer Robert C. Morgan from the first piece of the Gates Circle project. Federal prosecutors and attorneys for Morgan, his son and his nephew reached an agreement this week to allow the Morgans to sell back their 50% stake in a former medical office building at 1275 Delaware Ave. to Montante, without fe…

Buffalo

Three days after a state judge threw a monkey wrench into its financing plans, TM Montante Development said it still intends to proceed with its $150 million reuse of the former Millard Fillmore Gates Circle Hospital site – even though it may have to explore other options to cover any gap in cost. "Obviously, we were surprised and disappointed to find out about the cour…

Buffalo

TM Montante Development is bringing its second project in the redevelopment of the former Millard Fillmore Hospital site at Gates Circle to the city for formal review – a plan to turn a former medical office building a block away from the circle into residential and retail space. The Tonawanda-based developer wants to convert the vacant 50,100-square-foot building at 12…

Buffalo

TM Montante Development is buying out the family of Rochester developer Robert C. Morgan from the first part of its larger Gates Circle project, clearing the way for the Buffalo firm to begin work early next year on the renovation of a medical office building at 1275 Delaware Ave. But progress on the firm's other proposal – for a six-story new building that was already …

Business

After six years of discussions, planning and finally construction, People Inc. on Monday formally opened its new $11.6 million senior housing project at Gates Circle, with 37 new affordable apartments on part of the former Millard Fillmore Hospital site. Located on an unused former parking lot at 637 Linwood Ave., at the corner of Lafayette Avenue, the three-story red b…

Buffalo

The Canadian real estate investment and development group that bought the Kissling Interests portfolio of properties earlier this year has now added another apartment building near Gates Circle to its holdings. Gold Wynn Residential USA, a subsidiary of the Wynn Group of Companies from Toronto, bought a three-story brick building with 48 apartments at 870 Lafayette Ave.…

Buffalo

Ka-ching! The city of Buffalo has reaped nearly $4 million from a series of recent real estate sales involving a former city parking ramp, a former East Side public school and a vacant parcel of land in the Waterfront Village. They are among a host of deals - along with the earlier sale of Buffalo Police headquarters to developer Douglas Jemal that have been underway…

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…

Business

The U.S. Attorney's Office wants to seize two Buffalo apartment complexes as part of its criminal case against Rochester developer Robert C. Morgan and three other defendants. The Securities and Exchange Commission wants to freeze Morgan's assets — including an investment fund that holds a loan for Morgan's interest in a redevelopment project at Gates Circle. One com…

Buffalo

An Elmwood Village activist and frequent critic of development projects says the Gates Circle area isn't the blighted neighborhood that the city says it is, so he's suing to stop a developer from getting tax breaks on a major revitalization project there. Daniel Sack is suing the Buffalo Common Council in State Supreme Court, challenging its April 16 designation of the …

Buffalo

Bright red dump trucks from a local construction company began loading and carting away more than 3,000 tons of crushed concrete from the former Millard Fillmore Gates Circle Hospital site Thursday, much to the relief and delight of both city leaders and neighbors. Over the next few weeks, crews from Michael Serafini Inc. will be working from 8:30 a.m. to 3:30 p.m. on w…

Buffalo

In an effort to spur more progress with the reuse project at Gates Circle, city officials are using a little-used section of law to form a special economic zone around the former hospital site, providing extra property tax breaks to the developer in exchange for meeting affordable housing and minority workforce goals. TM Montante Development has been working for several…

Buffalo

The owner of the Canterbury Woods retirement communities in Amherst and Buffalo has sued the developer of the former Millard Fillmore Gates Circle Hospital for failing to complete a promised roadway and leaving an enormous pile of dirt and debris that disturbs nearby Canterbury residents. Episcopal Church Home & Affiliates filed a lawsuit in State Supreme Court in B…

Buffalo

Barbara Maynor loves almost everything about her new home, with one rather large exception: The 7,000 tons of dirt and crushed concrete on land behind the Canterbury Woods development at Gates Circle. Maynor and her husband were among the first to move into the senior community when it opened on Delaware Avenue more than a year ago. They say they love their new apart…

Buffalo

Uniland Development Co. won city approval in July for its new 12-unit town house project at Gates Circle, on the site of the former Park Lane Restaurant. But, the Amherst developer forgot to get the property broken into separate pieces, so each homeowner would own the land underneath. On Monday, Uniland corrected that, as the Buffalo Planning Board subdivided the 1.2…