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Month: February 2020

Feb 2020

See the new plans for the Main Place Mall

Preliminary plans for a major redevelopment of Buffalo’s Main Place Mall were released by Violet Realty, Inc, which is looking to conduct a $75 million makeover of the 50-year-old mall. “We want Buffalo to be one of the most inviting places in the nation for tech-talent and other talent,” said Buffalo Mayor Byron Brown. It …

Feb 2020

New York’s ridiculously high rents still a thing in 2020

2020 kicked off with ridiculously high rents in Brooklyn, Manhattan, and Queens In a world that often feels chaotic and like there is so much happening all the time, one thing remains consistent: Rents in New York City are still really, really high. (We said consistent, not good.) The latest rental report from Douglas Elliman …

Feb 2020

One of Buffalo Niagara’s worst nursing homes is getting a new owner

A co-owner of numerous top-rated nursing homes is buying an East Aurora nursing home that is among the region’s worst, along with five other Absolut nursing facilities, in a deal that seeks to take them out of bankruptcy. Edward Farbenblum, a Long Island businessman who owns just over 50% interest in the McGuire Group’s highly …

Feb 2020

Clarence subdivision plan stalled for decades is now subject of court fight

A developer is taking the Town of Clarence to court to revive a planned upscale subdivision that remains stalled even after receiving Town Board backing two years ago. Cimato Enterprises is asking a judge to let it proceed with its proposed Woodland Hills subdivision – a project of 76 houses more than 25 years in …

Feb 2020

What $10 million buys in Rye

                  The phrase, “a waterfront home in Rye,” usually conjures images of magnificent estates centered around a sprawling colonial or Tudor home, with a pool and perhaps a tennis court. The home at Rye Road has all of that — but with a contemporary vibe. Built in the …

Feb 2020

Walmart’s request for a tax break in Ellsworth could test the ‘dark store’ theory

The Walmart Supercenter in Ellsworth is appealing the city’s rejection of its request to cut its property tax bill in half. The outcome could be a Maine test case of the “dark store” tax assessment theory, which big box retailers have used nationwide to argue that their properties are worth less for tax purposes. Walmart, …

Feb 2020

Councilman to Albany pols: $1M homes are not mansions

A Brooklyn pol is calling on Albany legislators to double the threshold on a state-imposed “mansion tax” for luxury homes, saying $1 million won’t buy you a mansion in New York, let alone a two-family house. Councilman Justin Brannan (D-Brooklyn) said he plans to introduce a non-binding resolution next week demanding Gov. Andrew Cuomo and …

Feb 2020

Niagara County pushing to change state laws that help solar and wind developers

At every every Niagara County Legislative meeting over the past year, the group Cambria Opposition to Industrial Solar has made their presence known. The group is against a massive solar facility in their community called, Bear Ridge Solar Project. The developers of the project have held public meetings to listen to neighbors, but any large …

Feb 2020

From lockup to fine living: Jemal plans historic renovation of police HQ

After decades booking and hosting prisoners, Buffalo’s old police headquarters on Franklin Street will soon have an assortment of new residents – who actually chose to be there. The former administration building for Buffalo’s finest will soon be turned into 130 studio and one-bedroom apartments, under plans submitted by new owner Douglas Jemal to the …

Feb 2020

Our View: Time for Maine Legislature to shine light on ‘dark store theory’

Pick any time of the day or week, and you’ll find your nearby big-box store humming with activity. Cars in the parking lot. Lines at the registers. The steady beep of items being scanned. But when it comes time to pay the tax bill, the corporations that run these stores are asking communities to act …

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