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Buffalo Business Report - Monday, January 26th 2015

The local cost for a gallon of unleaded gas has fallen another eight cents this past week to $2.55 according to the AAA.  At the same time, the national price is down to $2.03.

Union membership continues to shrink in this country.  The Bureau of Labor Statistics notes the combined rate of private- and public-sector union membership was 11.1% last year, down from 11.3% the

Buffalo Business Report - Friday, January 23rd 2015

Delaware North has acquired a pair of Montana hotels.  Business First reports Delaware North has purchased the Pine Lodge and Best Western Rocky Mountain Lodge - both in Whitefish, Montana.  No terms of the deal were publicly announced.
Colley's Pools & Spas in Hamburg is completing demolition of their showroom that collapsed during the November storm.  Their temporary

Buffalo Business Report - Thursday, January 22nd 2015

It's expected that Ciminelli Real Estate Corp. will be named designated developer for the 2.4-acre Lakefront Boulevard parcel within Buffalo's Waterfront Village.  That designation coming from the Buffalo Urban Renewal Agency, according to Business First.  A proposed $25 million residential development could see as many as 30 new units built in the next few

Buffalo Business Report - Wednesday, January 21st 2015

With approvals in hand, work on the Delavan Hotel project adjoining Salvatore's Italian Gardens in Lancaster could begin late next month.  The project's $8.5 million cost includes a 4-story, 60-room hotel and spa.  The hotel is aiming for its first guests to be booked for late fall.

Tops Markets has completed renovations at two WNY locations.  A total of $2.45

Buffalo Business Report - Tuesday, January 20th 2015

The Education Action Group has uncovered a 4.1% increase in spending on the Buffalo School District's “cosmetic rider” plan for union members in 2013-14.  $5.4 million was the amount paid out.  As part of current negotiations, that cosmetic surgery rider would come to an end.  More details are available by clicking on this link.

Collins Pipe & Supply Co.,

Buffalo Business Report - Monday, January 19th 2015

The average price for a gallon of unleaded gas in the Buffalo metro region has dropped a dime in the past week, to $2.63.  The national average per gallon is $2.06.

Big news this weekend, as KeyBank announced it will leave its Key Towers at Fountain Plaza location for Uniland Development Co.'s 250 Delaware Building.  Delaware North will be the anchor tenant of the new

Buffalo Business Report - Friday, January 16th 2015

Synacor has purchased NimbleTV, a Manhattan-based startup company.   Business First reports Synacor will retain NimbleTV's 13 employees, who will work for Synacor from its Manhattan location.  Terms of the deal were not disclosed.

In a recent announcement, Best Choice Imaging Solutions will consolidate its offerings as the new Wide Format and Specialty Imaging division of

Buffalo Business Report - Thursday, January 15th 2015

For some of us, the only thing better than one hot dog is two.  Similarly, the summer demand for the Frank Gourmet Hot Dogs food truck has led to a second helping of sorts.  Business First reports brothers Frank and Paul Tripi have invested more than $75,000 to buy and prep a second truck, which is slated to hit the road by late March or early April.

Buffalo-based Schutte-Buffalo

Buffalo Business Report - Wednesday, January 14th 2015

According to Business First, another wrinkle has been added to the $25 million student housing project on Forest Avenue.  DHD Ventures will still build 10 structures that could house up to 592 students.  The complex will include nine residential units and a clubhouse.  The Buffalo Planning Board tabled its vote for two weeks to allow time for a January 22nd community meeting to

Buffalo Business Report - Tuesday, January 13th 2015

Developer Jayesh Patel has purchased two hotels for a combined $2.2 million.  Through separate subsidiaries, Patel has acquired the 22-room Boulevard Inn motel on Niagara Falls Boulevard and the 37-room University Motor Inn on Main Street in Amherst.  Business First reports his current plan is to renovate both properties, but keep them as independent motels.

The New York Power

Buffalo Business Report - Monday, January 12th 2015

The AAA notes that 100-plus days of falling gas prices have lowered the national average for unleaded gas to $2.13.  However, the regional average for a gallon of gas is $2.73.  That's also the highest average of all state metro areas.

KB’s Colden Tubing Company has officially opened for the season.  Hours of operation are 5-9pm on Friday and 10am-6pm on

Buffalo Business Report - Thursday, January 8th 2015

According to Business First, Precision Process Inc. took delivery of a new, $225,000 Swiss lathe to help meet increased capacity.  The Niagara Falls company manufactures and installs equipment for wet processing and electroplating for domestic and international manufacturers.

In a CPA merger, Lougen Valenti Bookbinder & Weintraub LLP has combined with Borelli & LiPuma LLP in

Buffalo Business Report - Wednesday, January 7th 2015

Charlotte-based developer DHD Ventures has filed a proposal with the Buffalo Planning Board for a $25 million student housing project on the former Contract Pharmaceuticals property.   Business First reports DHD is moving forward on a project that was first announced in late 2013 by the Campus Crest Group, also of Charlotte.  The planning board will get its first look at the

Buffalo Business Report - Tuesday, January 6th 2015

McGuire Development Company has begun construction on phase II of a medical complex located adjacent to the Omni Pain and Wellness Center on Camp Road.  The 16,000-sq-ft, class A medical office building will be home to anchor tenants Buffalo Orthopaedic Group, LLP and Buffalo Rehab Group Physical Therapy, PC with an additional 8,000 sq. ft. available for lease.  

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