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 Terry Pegula

Buffalo Business Report - Thursday August 28, 2014



Pegula Tower?  Business First reports that the city has cut the assessment on One Seneca Tower more than in half, and that the  almost vacant former HSBC Center now valued at $22 million.  And the paper's Jim Fink says "rumors remain rife within economic development circles that Sabres owner Terry Pegula  may be interested in buying the building for his growing Sports and Entertainment group" Fink says some of those sources say he might take it even if even if his bid for the Buffalo Bills is unsuccessful


 There's a little bit of a warning about this year's corn crop from Cornell University. Here's what research Bill Cox wrote about the fears of a wet immature harvest:

Corn producers in NY only planted ~20% of the crop by May 15, ~60% by June 1 and ~80% by June 8th. Most locations in NY received ~30 to 50 growing degrees (GDD) above normal from June 1 through July 15 so fears of immature or wet corn at harvest for late-planted corn were allayed through mid-July.

Since then, however, most locations in NY, especially the Finger Lakes and western NY, have received ~75-150 GDD below normal through August 18th.

Consequently, fears of immature corn silage, or immature grain or wet and low-test weight grain have once again risen.


The Lake Shore Health Center in Irving will remain open. Employees were told that layoff notices were being rescinded, and the hospital is no longer for sale. A government grant will help the hospital stay open during bankruptcy. 

Blue Bridge financial opens a new corporate headquarters downtown today in Iskalo Development's Electric Tower . The effort-  with some help from the state economic development Corp. will bring 70 jobs downtown, that were at risk of being taken to Florida t

Lockport Chiropractic announces it has completed it's renovation of and move into the former Bracetto's restaurant .

 

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