Buffalo Business News


November 14, 2016 - 3:27 am
The national average of a price of a gallon of gasoline is slowly dropping with the re-start of that ruptured pipeline near Alabama. Nationwide, the price is now $2.16/gallon . In Buffalo and Niagara Falls, it is $2.34 according to the AAA. Developer Gerry Bucheit tells Business First that he is...
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November 09, 2016 - 1:04 am
The Buffalo Planning Board has set a December 5th public hearing on Chason Affinity’s proposed five-story, 57 unit townhouse complex, set for 1111 Elmwood Avenue. Business First reports public comments will be accepted by the board through December 19th. The project will run from Forest Avenue...
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November 08, 2016 - 12:22 am
According to Business First, Developer/architect Jake Schneider has purchased the Shea’s Seneca Theatre. Schneider intends a $9 million makeover that will see the building anchored by 25 market-rate apartments, a 130-seat theater and classroom space. M&T Bank will be adding two standalone ATM...
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November 07, 2016 - 12:29 am
The average cost for a gallon of unleaded gas in Western New York is $2.35, up 2 cents from a week ago. According to the AAA, the state wide average is also up 2 cents - to $2.40 per gallon. Darien Lake is under new ownership. CNL Lifestyle Properties has entered into a purchase and sale agreement...
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courtesy: bizjournals.com
November 04, 2016 - 1:04 am
The Boulevard Mall has been placed in the portfolio of LNR Partners, a special servicer who handles troubled real estate loans. Business First reports the mall’s mortgage was transferred from Wells Fargo to LNR Partners as a prelude to a $92 million balloon payment due in February. The transfer was...
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November 03, 2016 - 2:03 am
Buffalo-based Lorraine Capital has made its fifth acquisition since the speciality investment firm started making deals in early 2015. According to Business First, Lorraine has purchased BR Johnson Inc., a Syracuse-based distributor of building products which also has an office in Rochester. No...
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November 02, 2016 - 12:56 am
Basil Ford of Niagara Falls has begun work on a brand new state of the art showroom and service center. The site at 6980 Niagara Falls Blvd is expected to be completed by March 2017. Avis Rent-A-Car at Five Corners in Orchard Park is now renting cars, SUVs and vans through the Budget brand as well...
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November 01, 2016 - 1:39 am
Although there is no Buffalo Major League team, there will be a "Major League" city presence at tonight's potential World Series clinched in Cleveland. Delaware North is the official food and beverage partner at Progressive Field. Food and beverage orders are taken on Seal 8 tablets from Bak USA of...
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October 31, 2016 - 1:22 am
Platter's Chocolates has relocated to the historic Wurlitzer building in North Tonawanda to expand its production lines, packaging capabilities, and offer culinary tours to visitors. The move is expected to add 35 local jobs. Rosina is expected to invest $1.3 million in a renovation project...
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October 28, 2016 - 1:27 am
Ciminelli Real Estate Corporation has announced it will soon begin a series of structural integrity improvements and rehabilitation efforts at its recently acquired 587 Potomac Avenue site. Local restoration and rehabilitation firm Abraxas Inc. will handle initial building restoration work on the...
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