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Bandits

Terry and Kim Pegula are again expanding their sports empire. The Pegulas, who purchased the National Lacrosse League's Buffalo Bandits in 2011, were introduced as the owners of an expansion National Lacrosse League franchise in Rochester on Thursday afternoon in front of Blue Cross Arena. The new franchise, set to launch for the 2019-20 season, will inherit the Rochest…

Business

Two local real estate investors traded a 40-unit apartment complex on Grand Island last month, in a legal transaction that effectively hid the purchase price of nearly $3 million from public view. Timothy J. Waterman of Getzville acquired the Islebrook Apartments at 1301 Ransom Road from Donald G. Hoke. The purchase price was recorded as just $1 in the deal between I…