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Buffalo Business News



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Buffalo Business Report - Wednesday, July 22nd 2015


Developer Rocco Termini has submitted a development proposal for  construction of an 80-unit “micro” apartment complex on North Oak Street.  The Buffalo Planning Board will probably not review the proposal until early September.  Pending approvals, work on the project could begin this fall, with the intention of opening it up by late next summer

Welded Tube USA Inc.

Buffalo Business Report - Tuesday, July 21st 2015


Next Tuesday, the Buffalo Planning Board is expected to consider a request from TM Montante Development to raze the 10-story building that housed much of the Millard Fillmore - Gates Circle Hospital.  Portions of the adjoining Building C that fronts on Lafayette Avenue would also be demolished.  Business First reports that if approved, the demolition could take place sometime in

Buffalo Business Report - Monday, July 20th 2015


The current average for a gallon of unleaded gas in the Buffalo metro area is $2.82, according to the AAA.

ECMC is planning an orthopedic clinic expansion that will more than quadruple its existing space.  Business First reports the $1.8 million orthopedic project calls for creating a Center for Orthopedic Care on the first floor in vacant space adjacent to the main elevators and

Buffalo Business Report - Friday, July 17th 2015


Current management at Willcare Inc. is expected to remain in place following its $51 million acquisition.  Business First reports the purchase by Almost Family Inc., a national home health firm based in Louisville, Ky., is making its way through the state Department of Health.  Pending that approval, the deal is expected to close in late August or early September.

Roswell Park

Buffalo Business Report - Thursday, July 16th 2015


There are still more home renters than home owners, but those renters are spending more of their paychecks to keep a roof over their heads.  A Harvard Joint Center for Housing Studies report indicates 20.7 million rental households - about half of all renters - spent more than 30 percent of their income on housing in 2013.  In the Buffalo region, 86.5% of households with incomes under

Buffalo Business Report - Wednesday, July 15th 2015


Mercy Hospital has petitioned the state Department of Health for a 23,634-square-foot addition to expand its cardiac surgery suite.  Business First reports the $12.5 million expansion plan would expand the existing operating room with a building addition to house a larger operating room, as well as added storage space on the second floor of the Abbott Road hospital.

There will be a

Buffalo Business Report - Tuesday, July 14th 2015


Kaleida Health has acquired Western New York Urology Associates, LLC and Cancer Care of WNY.  All 30 physicians and employees are expected to remain at their respective locations.

Evergreen Health Services has a morning ground breaking for its $11 million expansion project.  Evergreen’s expansion at 206 South Elmwood will double the size of its current medical facility, and

Buffalo Business Report - Monday, July 13th 2015


When is $100 not really $100?  When the Tax Foundation calculates the purchasing power of a C-note for the same goods in each state.  Using price data from the U.S. Bureau of Economic Analysis - and a shopping list for the same items in all states, that $100 bill will only buy $86.73 worth of goods in New York.  Hawaii and the District of Colombia were the only

Buffalo Business Report - Friday, July 10th 2015


T-Mobile's “Un-carrier Amped” move, called “Mobile without Borders” should be especially helpful to cross-border travelers in cities like Buffalo.  T-Mobile customers will be able to call, text or access 4G LTE data in Canada and Mexico “at no extra charge.”  Calls to landlines and cell phones are included.  The changes will be active

Buffalo Business Report - Thursday, July 9th 2015


This summer weekend in Buffalo is a hot one for hotels.  There is limited availability left for the 10,806 hotel rooms in Erie County.  Among events going on:  The Rolling Stones concert and this week's Taste of Buffalo; Sabres rookie camp and freshmen orientation for D'Youville College.  Even in Niagara Falls, there is limited hotel space available.

Business First

Buffalo Business Report - Wednesday, July 8th 2015


Greenleaf & Co. has officially presented the paperwork on its student housing project to the Buffalo Planning Board.  The project has a $75 million development price tag and could bring 616 new beds to the Buffalo State neighborhood along Grant Street.  Business First reports the board will begin its review when it meets on July 14th.

Industrial Materials Recycling, LLC of

Buffalo Business Report - Tuesday, July 7th 2015


Federal statistics put the number of small businesses in the Buffalo metropolitan area at over 26,000 as of 2013.  A Business First tally puts the actual number at 26, 242.  Of that number, nearly 4,000 small businesses are involved in retail trade and just over 3,000 deal with health care and social assistance.

Amherst-based advertising agency Quinlan and Co. has hired 10 employees

Buffalo Business Report - Monday, July 6th 2015


According to the AAA, the local average for a gallon of unleaded gas is $2.85.  That reflects an increase of five cents in the past month.  Currently, the national average is $2.77 per gallon.

Local investment group, 623 West LLC, has acquired an early 1920s-era building at the corner of Niagara Street and Potomac Avenue with the intention of renovating it into a mixed-use

Buffalo Business Report - Thursday, July 2nd 2015


Empire Genomics is hoping to raise $15 million in venture capital.  Local investors who already back the company are the most likely sources for that capital infusion.   The company is also looking for a larger headquarters site near the Buffalo Niagara Medical Campus, because it's outgrown its current Michigan Avenue home.

A Brooklyn-based real estate investor has
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