Buffalo Business News

Randy Bushover
August 14, 2017 - 3:46 am
The current average cost for a gallon of unleaded gas in the Buffalo region is $2.39, according to the AAA. That's up a penny from last week's cost. Niagara County's Industrial Development Agency approved a series of tax breaks that will enable Moog Inc. to continue with its $25 million expansion...
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Randy Bushover
August 11, 2017 - 4:13 am
Clayton’s Toys & Gifts, Fowler’s Chocolates and Red Siren are all leaving HarborCenter by late September. Each of them had spent two years operating at the site. Business First reports negotiations are underway with new retailers. Earlier this week, Niagara Falls Community Development outlined...
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Randy Bushover
August 10, 2017 - 3:53 am
Joe's Crab Shack on Maple Road has closed. Owner Ignite Restaurant Group Inc. declared bankruptcy earlier this year. This comes as Landry’s Inc. won a bidding war for the Ignite Restaurant holdings - which also includes Brick House Tavern + Tap. Landry's paid $55 million for the rights to those...
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Randy Bushover
August 09, 2017 - 3:55 am
Sellers are seeing better times in the local housing market. According to the Buffalo Niagara Association of Realtors, median prices for June were up nearly 10% compared to a year ago. Average list prices were up 2.7% and the average time to close a sale is 43 days - down from 55 last year. Sonic...
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Randy Bushover
August 08, 2017 - 4:43 am
The Niagara Falls Community Development Department is seeking outdoor winter activity proposals for three downtown surface parking lots, for the upcoming winter season, through Requests For Proposals. Preference will be given to any proposal that creates outdoor public ice skating. The three lots...
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Randy Bushover
August 07, 2017 - 4:03 am
The Town of Amherst has asked its own planning board to rezone nearly three acres of land along Amherst Manor Drive to allow for Uniland Development Co. to build a four-story, 105-room Hampton by Hilton hotel. Bujsiness First points out the land is currently zoned for recreational uses but needs to...
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Randy Bushover
August 04, 2017 - 4:08 am
More work to be done at New Era Field. Business First reports that Erie County is seeking bids for architectural and engineering services related to mandated repairs. Those repairs expected to cost around $3 million. The work that needs to be done includes roof repairs to out buildings at the...
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Randy Bushover
August 03, 2017 - 3:57 am
Empire State Development directors approved a $12.2 million grant that will help finance upgraded or new broadband coverage to portions of Erie, Cattaraugus and Chautauqua counties. Business First reports the ESD allocated the funding to Armstrong Telecommunications Inc. that will help finance the...
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Randy Bushover
August 02, 2017 - 3:51 am
Iskalo Development, through its Iskalo 68 Huron LLC affiliate, paid $315,000 for the Farthing Press building at 260 Oak Street, according to documents filed in the Erie County Clerk’s office. Business First notes the deal is essentially a "sale/lease back" situation. Cardea Health Integrative will...
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Randy Bushover
August 01, 2017 - 4:14 am
It was a busy agenda for the Buffalo Planning Board last night. It approved the Chase Affinity plan for a 5-story mixed use complex on Elmwood at Forest, a new build-out for Dash's Market on Hertel and Starin and a proposal from developer Douglas Jemal to build a four-story, 40,000-square-foot wing...
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