WBEN Buffalo Business Report - Thursday, August 1st 2019

Albright Knox Lease Terms Revealed

Randy Bushover
August 01, 2019 - 4:07 am

Local IT company HarpData has been awarded the public bid for Connected Communities.  The Connected Communities initiative aims to bring internet directly into the homes of Buffalo Public School students in two designated areas.  Those WiFi zones would cover about 5,500 students.

ACV Auctions has launched a new hardware/software product, called Virtual Lift.  According to Business First, this product uses a high-resolution camera and imaging technology, enabling automotive dealers to quickly produce an image of the undercarriage of any vehicle.  This adds another layer of transparency to ACV's dealer-to-dealer wholesale marketplace.

Terms of the lease deal between the Albright-Knox Art Gallery and the Buffalo Urban Development Corp. show the gallery will pay $60,000 annually to lease 15,000 square feet at 612 Northland Avenue during its two-year renovation.  Business First notes Albright-Knox’s expansion project is expected to be completed by 2021.

Some recent number crunching by the Economic Policy Institute reveals that the average annual cost for day care in New York State is $15,394-a-year.  That makes New York the sixth most expensive state in the country.  By comparison, in-state tuition at a four-year public college costs $7,456 less per year.

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