Krog Corp. has temporarily suspended work on its $87 million redevelopment of the former Trico Products Corp. manufacturing plant in downtown Buffalo, citing the impacts
A West Seneca developer is planning to turn a sprawling 33-acre plot in Cheektowaga along Transit Road into a $45 million development with more than
The coronavirus remote work experiment will become a permanent trend, but at some point, employees will return to the office in numbers that match the
Struggling Regal Cinemas plans to close all of its U.S. movie theaters, according to multiple reports. British parent-company Cineworld will shutter 543 U.S theaters indefinitely
There is slightly less than three months to go before everyone can bid an aggressive goodbye to 2020. However, the New Year’s champagne that will
GUILDERLAND — Claiming that the timing of the first appearance of coronavirus and nature of pandemics in general are not
Housing prices have risen so high in five WNY school districts that the value of a typical home now exceeds $200,000. BUFFALO, N.Y. — Housing
Erie County towns are feeling a financial squeeze from the Covid-19 outbreak as they prepare their 2021 budgets. Some communities saw sharp drops in sales
Tax Watch columnist David McKay Wilson digs into the sale of Gov. Andrew Cuomo’s official residence. Sandra Lee has struck a deal to sell the New
Both renewable energy market participants and taxing jurisdictions in New York State have long been bedeviled by inconsistent and unclear real property tax
Exceptional demand for new and existing homes, brought on by the stay-at-home culture of the coronavirus pandemic, has the housing market severely depleted. Sales of
The housing market in August resembled a game of musical chairs, as high home prices and low mortgage rates began to draw more sellers to
Severyn Development has two residential developments underway within the Oxford Triangle neighborhood. Two new homes are being constructed at 30 and 34 Horton Place. A
A stunning waterfront compound in East Hampton is in contract for around $70 million, sources tell Gimme Shelter. If it sells for that price, it
JOHNSTOWN — The Fulton County Board of Supervisors recently agreed to the county assisting two legal defense cases involving assessment challenges in the Glove Cities.
Premium PPE plans to invest $4.5 million into opening a personal protective equipment facility in Amherst that will create 25 jobs, according to the New
Homeowners in New York state got used to receiving a second STAR property tax break check in the fall. But this year, the state is
The state’s highest court this week dismissed an appeal that sought to reform New York’s property tax system. The New York Court of Appeals did
Syracuse, N.Y. — City lawyers recently agreed to lower the assessment on National Grid’s iconic downtown building, saving the company nearly $18,000 a year in
A divisive $31.5 million plan to convert a senior housing complex in Williamsville into mixed-income apartments has narrowly received its final go-ahead. The village Planning
The Benjamin Franklin Hotel was the last large hotel constructed in Philadelphia before the Great Depression. Names after founding father and local resident Benjamin Franklin,
Detroit celebrated the reopening of the Book Cadillac hotel in 2008. The circa-1924 property, designed by Louis Kamper and vacant since 1984, was renovated at
The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with
Kathleen and Jimmy Flynn did something in June many would have thought unthinkable before the pandemic. The California couple placed a bid and signed a
Northwest Bank plans to close about 20% of its branches in December – including three in the Buffalo area – amid a greater customer shift toward using technology. The
Almost 2 million U.S. renters that currently can’t comfortably afford to buy an entry-level home in their current metro area could potentially afford the nation’s
CHEEKTOWAGA, N.Y. — The owner of the Victoria’s Secret, Pink and Bath & Body Works stores in Walden Galleria says it doesn’t owe rent for
TOWN OF ULSTER, N.Y. – Town Board members have settled three tax sessment cases with lower values on the properties without having to refund previous
WASHINGTON (September 22, 2020) – Existing-home sales continued to climb in August, marking three consecutive months of positive sales gains, according to the National Association
(The Center Square) – Taxpayers in New York turn over 13.8 percent of their income per capita to state and local governments, the highest percentage among the
