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Buffalo Business Report - Monday, December 3rd 2012



A large gap remains between the local and national gas prices as the calendar flips to December.  The AAA reports the Western New York average of $3.85 for a gallon of unleaded is forty-six cents higher than the national average.  Generally that difference is closer to twelve cents per gallon.

Buffalo-based Krog Corp, in collaboration with Hart Hotels, will build a four-story waterfront luxury hotel in Clayton, NY on the St. Lawrence River.  The Watertown Daily Times notes the 104-room hotel will be built by 2014.

West Herr Auto Group has acquired another Millersport Highway property.  Business First reports West Herr paid $940,000 for a 3-1/2 acre parcel formerly occupied by Milhurst Construction.
The Southgate Plaza has changed hands.  In a $17.48 million deal, Southgate Plaza Incorporated sold the plaza to Southgate Associates LLC.  The main partners in the new group are James and Frank Campofelice.

Poll
Do you agree with classifying obesity as a disease?
  Yes
  Only in some cases
  No
 
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