Buffalo Business News

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Randy Bushover
February 25, 2019 - 4:27 am
The AAA reports the current average for a gallon of unleaded gas in the WNY region has remained unchanged from last week at $2.50. However, the statewide average has gone up five cents to $2.52. The AAA citing a moderate increase in demand for gasoline and reduced total domestic gasoline stocks as...
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Randy Bushover
February 22, 2019 - 3:56 am
According to a regulatory filing, M&T Bank has agreed to pay $146 million for the right to service a residential mortgage loan portfolio with an outstanding balance of $13.3 billion. Business First notes that deal closed January 31st. The loans to be serviced are expected to transfer to M&T...
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Randy Bushover
February 21, 2019 - 3:58 am
Governor Cuomo announcing that $3.1 million in infrastructure funding has been awarded to three airports in Western New York. The Buffalo Niagara International Airport getting $1.5 million for parking facility enhancements. Also benefiting will be Niagara Falls International Airport and the...
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Randy Bushover
February 20, 2019 - 3:52 am
North Tonawanda-based Buffalo Abrasives has been sold to Sak Abrasives of India, according to Business First. No terms of the deal were disclosed publicly. Also from Business First, Breezy Burrito is opening a second location in the former Elmwood Market at the corner of Elmwood and Potomac avenues...
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Randy Bushover
February 19, 2019 - 4:27 am
Ted’s Hot Dogs will celebrate 92 years in business with its fourth Ted’s Customer Appreciation Day tomorrow. They will be offering ninety-two cent regular hot dogs - with no restrictions on the amount customers can order. All proceeds go the Ted’s Youth Foundation. KeyBank's new East Side branch in...
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Randy Bushover
February 18, 2019 - 3:52 am
The current average cost for a gallon of unleaded gas in WNY remained virtually unchanged from last week. The AAA puts the current average at $2.50. The statewide average is $2.47 - also basically the same as last week. The Hamburg Industrial Development Agency has revealed that the FedEx facility...
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One Seneca Tower Owner Buys Another Significant Downtown Property
Randy Bushover
February 15, 2019 - 4:45 am
Not content with simply re-doing One Seneca Tower, Washington-D.C. developer Douglas Jemal has emerged as the buyer for the recently closed City of Buffalo Police headquarters building. Business First reports Jemal plans to create a residential-based building with 175 apartments.. At least 10...
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Randy Bushover
February 14, 2019 - 4:03 am
The Niagara County Industrial Development Agency approved three projects requesting tax breaks at its recent meeting. Canadian investors Penn Terra Group Limited will get $1.1 million in tax breaks and incentives that will help finance their $5.6 million plan to renovate the Cannon Block buildings...
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Randy Bushover
February 13, 2019 - 4:08 am
Buffalo General Medical Center/Gates Vascular Institute, DeGraff Memorial Hospital and Millard Fillmore Suburban Hospital have been awarded a grant from Gilead Sciences, Inc. to implement routine screening for hepatitis C virus and human immunodeficiency virus for eligible patients that visit...
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Randy Bushover
February 12, 2019 - 4:16 am
KeyBank has expanded its partnership with TaxAct. Under the terms of the agreement, all KeyBank clients can file their federal and state tax returns online with TaxAct, compliments of KeyBank. Additionally, all TaxAct and KeyBank customers can request to receive a BluPrint financial assessment...
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