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Buffalo

Angelo Natale has a "historic" problem. Construction is underway on his $5.6 million conversion of a Niagara Street manufacturing building into office space and apartments, with a completion expected by summer. But the funding has a gaping hole, because the project failed to qualify last year for state and federal historic tax credits that could have covered as much …

Buffalo

Another historic building designed by America's first registered female architect – Louise Bethune – is now being targeted for redevelopment, although it's a lot smaller than the previous one in Buffalo. Bernice Radle, owner of Buffalove Development, is planning a historic rehabilitation of 588 Niagara St., a three-story red brick building at the corner of Jersey Street…

Buffalo

Developers Nick Sinatra and David Pawlik are hoping the Buffalo Planning Board will just "say yes" on Monday to their proposed nonprofit office hub on Jefferson Avenue. Sinatra's Sinatra & Company Real Estate and Pawlik's CSS Construction are seeking approval to erect a new 35,000-square-foot office building at 1200 Jefferson, aimed at attracting nonprofit tenants t…

Business

Seth Wochensky has a deal for you. Invest $5,000 with his organization, and you could receive nearly $6,000 in tax credits. Sound too good to be true? Not so fast. While this certainly has risks and won't be for everyone, it's also real – and very rare. Wochensky is leading a community initiative in Springville to save a historic building in the village's downtown…

Buffalo

A Buffalo multifamily real estate developer who has usually focused his attention closer to downtown is eyeing a vacant warehouse in Black Rock for a multimillion-dollar conversion into a new apartment building on Tonawanda Street. Eran Epstein, owner of E Square Capital LLC, is seeking to renovate the former Fedders Manufacturing Works and Fedders Automotive Corp. buil…

Buffalo

A premature demolition of part of the former Schoellkopf Aniline & Chemical Co. property on Elk Street disqualified a proposed redevelopment project from receiving historic tax credits, leading the developer to change plans and take down more of the building instead of reusing it. Jon Williams and his Ontario Specialty Contracting are now seeking city permission to …

Business

Rocco Termini is very worried. For the past 10 years, the Buffalo developer has made a name for himself by successfully transforming vacant commercial and industrial buildings into lively residential, hotel and office projects. From his Hotel @ The Lafayette and Warehouse Lofts downtown to his cluster of apartment buildings and business incubators in North Buffalo, T…