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Buffalo

A series of multimillion-dollar real estate deals have left a West Seneca retail plaza, a Chippewa Street nightclub building, a former Hospice Buffalo facility adjacent to the Buffalo Niagara Medical Campus and a Main Street apartment building with new owners. • A sprawling retail plaza in West Seneca that is anchored by Home Depot, PepBoys Auto Service and Denny's Rest…

Business

Mac's Antique Auto Parts was decimated in 2016, four years after the source of antique Ford Motor Co. parts was acquired by a Florida company. The new owner moved much of the operation to the Sunshine State, leaving only 30 employees behind, in a four-year lease. Now its longtime warehouse and distribution facility in the Town of Pendleton – much of which is empty – …

Gusto

The Growlers, 7 p.m. July 25, Asbury Hall at Babeville (341 Delaware Ave.), $30. Previously seen rocking the stages at the Tralf Music Hall in 2016, as well as a number of teeth-cutting sets at Mohawk Place over the years, the California beach goths will shimmy on down to Babeville for its latest local visit. The band has been busy filling out its summer schedule per…

Business

The Buffalo Niagara housing market is tighter than ever, but there are signs that the upward pressure on home prices is starting to lose some steam. Home prices still are rising at a moderate pace, but the pace of the increase slowed during June. Homes are still selling quickly, but the houses that sold last month also took almost a week longer to find a buyer than they…

Creative nomenclature is not something typically found in limited-liability corporations. The entities known as LLCs for short are often used in business and real estate as a means of conducting transactions while shielding the real owners or operators behind a venture from bankruptcy, foreclosure or litigation. Since there's no requirements regarding naming – aside fro…

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…