For years, Empire State Development blamed its lackluster performance in Niagara Falls — through its subsidiary investment vehicle USA Niagara Development — on its lack of landholdings in the tourism district. Without the land, economic development deals were difficult to
BY MIKE HUDSON State and local officials were looking sheepish and Buffalo developer Mark Hamister was spinning excuses at Tuesday’s long delayed groundbreaking for a small, midmarket hotel project that was first announced four years ago. Niagara Falls Mayor Paul
BY TONY FARINA According to informed sources in the Buffalo development community, Mark Hamister is about $6 million short of the mark in financing for his much-hyped $35.7 million Niagara Falls hotel project on Rainbow Blvd. that was trumpeted by
By Tony Farina, The Niagara Falls Reporter City and state leaders promised a hotel to save downtown Niagara Falls if only Mark Hamister were treated kindly enough by taxpayers with a gift-wrapped, nearly free, prime downtown parcel at 310 Rainbow Blvd.
By Mike Hudson, The Niagara Falls Reporter Nine months ago, the Hamister hotel deal was making headlines every day. It was urgent. It was the future of Niagara Falls. The state approved plans to give the developer, Mark Hamister, $2.75
The Buffalo Chronicle Media Group. All rights reserved. 2018