The Buffalo Chronicle
City & Region
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Fashion Outlets of Niagara Falls loan goes back to a special servicer after reaching maturity
The roughly $74 million mortgage on the Town of Niagara outlet mall matured this month and moved to Midland Loan Services, months after the Niagara County IDA approved a 10-year tax deal…
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Upstate Niagara’s West Seneca dairy expansion grows to $325 million, with $35 million for on-site power
The cooperative’s third revision adds linear generators because of a lack of available electricity and seeks about $12.7 million in sales-tax breaks. The ECIDA holds a public hearing Tuesday at 3 p.m.
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Catholic Health and Benderson seek a tax break to turn a vacant Evans Street Rite Aid into a $28.5 million medical hub
A Benderson-linked developer is asking the Amherst IDA for a property tax break to turn the vacant Rite Aid at 462 and 480 Evans St. into a $28.5 million Catholic Health Northtowns…
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A new Quaker Road lot coverage request heads to East Aurora’s zoning board as a senior housing plan moves ahead
East Aurora’s Zoning Board of Appeals will hear a request on Nov. 12 for 52.6% lot coverage at 260 Quaker Road, as Young Development’s planned 118-unit senior apartment building at 270 Quaker…
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Salvation Army opens Hope on Main shelter, first piece of a $100 million Main Street redevelopment
The Salvation Army opened an 80-bed family shelter at 954 Main St., the $20.5 million first phase of Hope on Main. Next on the site: 143 affordable apartments and 17 townhouses.
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Fox Valley Country Club’s owners say they have put $4 million into reviving the Lancaster course
The Bansal family says it has invested $4 million in Fox Valley Country Club on Genesee Street, five years after the 130-acre Lancaster club sold for $750,000, and membership has doubled to…
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With Templeton Landing back in city hands, Buffalo weighs a plan for the whole Erie Basin Marina
The Buffalo Urban Renewal Agency controls the Templeton Landing parcel for the first time since 1982. Mayor Sean Ryan says the city will plan the marina area as a whole before seeking…
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Erie County’s 2027 budget cuts the tax rate. Its own four-year plan warns of $70 million gaps
Mark Poloncarz’s 2027 budget lowers Erie County’s tax rate again, but the county’s own four-year plan projects gaps near $70 million a year as federal SNAP costs shift to counties and the…
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Inside the $11.6 million public bet on Niagara Power Transformer’s Cheektowaga expansion
State and county records show about $11.6 million in public support behind a $71.2 million transformer plant expansion on Dale Road, along with 73 promised jobs, an out-of-state alternative and a fire-gutted…
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Buffalo’s snow plan boosts contractor money nearly fivefold as the city waits on new plows
Buffalo’s new winter plan raises snow-hauling contractor money from $580,000 to $2.7 million, but the 10 plows the city ordered won’t arrive until midwinter, leaving it with 14 or 15 working plows…
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GLYS WNY and the Pride Center are buying Oxford Pennant’s Allentown building
After years in basements, GLYS WNY and the Pride Center of Western New York are buying 810 Main St., Oxford Pennant’s “Keep Buffalo A Secret” building, as a shared, visible home for…
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NFTA board set to add $958,000 to Metro Rail extension consultant’s contract
A sixth amendment would pay WSP USA to redo the Amherst extension’s traffic model, lifting its contract to $21.6 million. Construction is still years off, and the local funding hasn’t been identified.
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Rochester lands a $375 million rare earth plant for $3 million in state credits. Buffalo’s last deal cost more per job
Phoenix Tailings will separate rare earths from mining waste at Eastman Business Park, backed by up to $3 million in Excelsior credits for 90 jobs. That’s about $33,000 a job on paper,…
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Buffalo’s school board blinked on closures. The district’s own filings show why the math won’t wait
The Buffalo School Board put off its closure vote again. The district’s filings with the Buffalo Fiscal Stability Authority show a $66 million deficit, a shrinking reserve and a four-year plan the…
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Buffalo’s animal shelter is out of room as New York’s new shelter rules near
The city shelter on Oak Street has more dogs than space, and Mayor Sean Ryan says a new no-kill shelter is years away. A $412,000 state-backed fix and a mid-December state deadline…
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Change Buffalo PAC urges governor to help put control board back in charge of city finances
Change Buffalo PAC wants the governor to press the Buffalo Fiscal Stability Authority to reimpose a control period. Under state law, only the board can make that call, and Mayor Sean Ryan,…
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Erie County Republicans try again to cap the gas tax at $2. Poloncarz, who backed a cap in 2022, calls it posturing
With Buffalo gas at $4.37 a gallon, Erie County Legislature Republicans want the county’s sales tax capped at $2 a gallon starting Dec. 1. Mark Poloncarz says the last cap enriched retailers,…
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Buffalo nonprofits press Hochul on late state payments as two contract bills await her decision
Western New York nonprofits that do the state’s work first and get paid later are pushing Gov. Kathy Hochul to sign two contracting bills. She has vetoed versions twice, citing fraud risk…
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M&T’s profit slips as rising rates bite, and its finance chief warns mortgages and commercial real estate will feel it next
Buffalo’s hometown bank earned $775 million in the third quarter, down from $818 million. On the earnings call, CFO Daryl Bible said higher rates will slow home lending and could push more…
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Solstice will make its Buffalo lab its global research hub, with $1.4 million in state credits for 12 new jobs
The Honeywell spinoff is putting $49 million into its Peabody Street R&D site as it races to develop next-generation refrigerants. The state’s Excelsior credits work out to about $117,000 per new job,…
