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Buffalo

Jeffrey Wynn is thrilled to be in Buffalo these days. And he's just getting started. The 56-year-old Canadian real estate investor and his two brothers, Les and Paul, have been coming to Western New York for decades to visit their family in Amherst, where an uncle still lives. They've gotten to know the community from their trips, shopped at local stores and malls, peru…

Business

A trio of Canadian brothers, who previously purchased and renovated the former Buffalo Athletic Club in downtown Buffalo, is taking a much bigger stake in Buffalo real estate, acquiring 18 properties from the Kissling Interests. Gold Wynn Residential USA, an affiliate of the Toronto-based Wynn Group of Cos., said Monday that it bought a portfolio that includes Cathedral…

Buffalo

What keeps you from downtown Buffalo: the parking or the crime? So asked a local news station last month in a post hate-shared across many a Facebook timeline. Downtowners raged against suburban stodge. Suburbanites railed against car break-ins. The warring comments suggest a startling number of Western New Yorkers believe downtown to be a crime-ridden, car-packed waste…

Prospectus

Who would have thought the East Side of Buffalo would be the next big frontier for redevelopment? Mayor Byron W. Brown doesn't think the area will be recognizable in five years. Common Council President Darius Pridgen never imagined construction cranes or two bank branches on Jefferson Avenue again — one built from scratch. And developers like Rhonda Ricks say cha…

Business

In 22 years as a real estate agent, Nick Bailey has seen the changes in the brokerage industry from a host of different angles. He's been an agent, a broker-owner, a franchiser, and a technology executive who worked with real estate brokers. He's watched the business evolve, as technology and especially the internet has revolutionized how information is made available, …

Buffalo

A real estate investor who just sold a six-unit Elmwood Village apartment building has now turned around and acquired two multifamily properties from a different group for $930,000 in all – one on the West Side and one near Soldiers Circle. Daniel T. Boland of Buffalo, through Marquee Residential, paid $540,000 to buy 439 W. Ferry St. and another $390,000 for 115 Clarem…

Buffalo

The real estate boom in downtown Buffalo and growing demand for space near the Buffalo Niagara Medical Campus has prompted another nonprofit agency to put its prime property up for sale while it seeks a larger location elsewhere. Belmont Housing Resources for WNY has listed its one-story headquarters at 1195 Main St., citing its proximity to the medical campus, with 1.5…

Buffalo

A Tennessee investor has acquired a 27-unit apartment building on Grant Street that is located within walking distance of Buffalo State College. Eric J. Winstanley of Nashville, through 1067 Grant Street LLC, paid $1.35 million to buy the three-story tan-brick building, with red trim and window frames, that sits on the corner of Grant and Military Road, across from Aust…

Buffalo

Buffalo's biggest bank is planning a major expansion of its office space in Western New York so it can consolidate its technology and support operations that are expected to grow over the next few years. M&T Bank Corp. issued a request for proposals from the region's landlords and developers for about 150,000 square feet of office space that would be available by Ju…

Buffalo

The City of Buffalo will begin accepting formal offers for the former police headquarters at 74 Franklin St. on Nov. 26, officials announced Friday. The initial asking price for the four-story building located downtown at Franklin and Church streets will be $3,050,000, officials said at a news conference. Both the police and fire departments recently moved each of th…

Buffalo

A newly formed law firm focused on civil defense litigation has leased an office in the renovated Athletic Club Building in downtown Buffalo. Stillwell Midgley, which was formed by partners David M. Stillwell and Elizabeth M. Midgley, is occupying 5,439 square feet of space on the fifth floor of the E.B. Green-designed building at 69 Delaware Ave., just off Niagara Squa…

Buffalo

A Buffalo real estate investor and property manager has acquired a 62-unit apartment and office complex in West Seneca, paying the Florida-based seller $2.7 million. Gregory Suffoletto, through 770 Mill LLC, bought the Queen's Court Apartments at 770 Mill Road and 4185 Seneca St. from Ansar and Almas Ahmed of Windermere, Fla. He paid $2.43 million for the apartments and…

Buffalo

A new gas station and convenience store could be coming to the corner of Main and Fairfield streets in Buffalo in the LeRoy area, on the site of a demolished gas station. A&F Property Holdings of West Seneca is seeking city approval to construct a one-story brick or concrete masonry facility on a 0.481-acre site at 2516 Main. The property owner, who does not yet hav…

Clarence

Greg Daniel will appear before the Clarence Town Board on Wednesday to present his plan for an equestrian community and ask the board to set a public hearing. The subdivision of upscale single-family homes off Newhouse Road, dubbed "Legacy Woods," would include a horse farm and riding trails as the centerpiece. Daniel wants to locate the 59-acre subdivision next to h…

Buffalo

Former judge-turned-developer Anthony LoRusso's plan to construct a new 39-unit microapartment building on West Avenue has to overcome one key obstacle before it's likely to proceed. The couple whose home it would surround doesn't like it. LoRusso, a former City Court judge who later turned to real estate, wants to erect his new Campus West project at 129 West, with …