David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Buffalo
$3Bln Worth of Development Underway in Buffalo, N.Y.
Business First of BuffaloDowntown Buffalo is experiencing one of its greatest development booms in decades with about $3 billion worth of projects underway. Most recently, HealthNow New York Inc. announced that it expects by summer to take occupancy of a ...
Krog Poised to Develop 100,000-SF Office in Buffalo
Business First of BuffaloKrog Corp is poised to develop an office building of about 100,000 square feet in downtown Buffalo. The Buffalo Urban Renewal Agency is expected to name Krog of Buffalo as the designated builder for the project on ...
New Owners of Buffalo’s Statler Towers Plan $361Mln Redevelopment
Business First of BuffaloThe new owners of downtown Buffalo's Statler Towers hotel expanded their redevelopment plans there to a $361 million project. Bashar Issa of Manchester, England, announced plans to convert the Elmwood Avenue property into a 1.3 million-square-foot mixed-use ...
Developers Buying Buffalo’s Dulski Federal Building for $6.1Mln
Business First of BuffaloUniland Development Co. and Acquest Development are buying the 400,000-square-foot Dulski Federal Building in Buffalo, N.Y., for $6.1 million. The federal government, which vacated the downtown building, is selling the property through the General Services Administration. The ...
Lightstone Groups Buys Amherst, N.Y., Retail Strip, Eyes More In Area
Business First of Buffalo Lightstone Group bought a 35,000-square-foot retail strip in Amherst, N.Y., for $2.5 million from local developer Michael Joseph. Dorothy Stahlnecker of M.J. Peterson Commercial Real Estate Corp., who brokered the sale of the property known as ...
Patriot Equities Completes Industrial Sale-Leaseback in Wheaton, N.Y.
Business First of BuffaloPatriot Equities acquired a 625,372-square-foot industrial complex in Wheatfield, N.Y., for $2 million in a sale leaseback. The seller, Saint-Gobain Structural Ceramics, will lease back 150,000 sf, and Patriot will seek other tenants for the remaining space. ...
More Major Development Being Considered in Downtown Buffalo
Business First of BuffaloBuffalo officials are evaluating two major downtown development proposals endorsed by the Erie Canal Harbor Development Corp. One would move the Buffalo Niagara Convention Center to a train terminal behind the city's HSBC Arena, and the other ...
British Investor Buys Downtown Buffalo Building, Plans $80Mln Condo Redo
Business First of BuffaloBSC Group, a value-add investor based in Manchester, England, has acquired the Statler Towers building in downtown Buffalo, N.Y., for $4.5 million and plans to make $80 million in upgrades. BSC plans to convert the 18-story, former-hotel-turned-office ...
$30Mln Townhouse Project Proposed Near Buffalo, N.Y.
Business First of Buffalo A $30 million townhouse project ??" the richest residential undertaking in the history of Ellicottville, N.Y., a suburb of Buffalo, has been proposed for the resort community. AWSC LLC, an investment group plans to construct the ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
