Real Estate and Development
Ho-humhomebuilders
Homebuilders are confronting more bad news. The government said construction of new homes dropped 10.6 percent in October, to the lowest level since April. Applications for building permits, a sign of future building, fell 4 percent to the lowest annual rate since May. (Updated: 11/19/09 7:07 AM )
Canadian firm expands to WNY
Advanced Presentation Products, a logistics and distribution company based near Toronto, is opening a location in the Town of Wheatfield, Buffalo Niagara Enterprise said. (Updated: 11/19/09 7:07 AM )
Manhattan McDonald’s gets European-style makeover
NEW YORK — Danish Modern furniture. Flat-screen TVs. Free Wi-Fi. (Updated: 11/19/09 7:07 AM )
Recovery feels drag from dip in housing
WASHINGTON The budding economic recovery isn’t getting much help from the homebuilding industry, which normally creates jobs and drives growth when a recession ends. (Updated: 11/19/09 7:07 AM )
Termini bid disrupts Buffalo Place board
Tensions erupted over the downtown Buffalo commercial real estate market Wednesday, as several developers complained bitterly about some projects seeking government assistance while others struggle to fill excess office space. (Updated: 11/19/09 9:06 AM )
Three city housing projects are given favorable reviews
Projects that would create new housing in the downtown business district, the Peace Bridge neighborhood and South Buffalo received favorable reviews from the Buffalo Planning Board on Tuesday, but further approvals are needed. (Updated: 11/18/09 7:28 AM )
IDAs seek revised incentive policy
Business projects that make an exceptional impact on the region’s economy would receive a higher level of financial incentives from any one of Erie County’s six industrial development agencies, under policy changes proposed by those agencies. (Updated: 11/18/09 7:28 AM )
Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending Oct. 2. (Updated: 11/16/09 7:07 AM )
Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Oct. 2. (Updated: 11/16/09 7:07 AM )
This week in business...
NEW YORK (AP)—This week brings reports including readings on retail sales, manufacturing, housing starts and inflation. The Labor Department also provides its weekly look at unemployment benefits claims. (Updated: 11/16/09 7:07 AM )
Foreclosure notices dip 3 percent in October
NEW YORK (AP)—The number of homeowners on the brink of losing their homes dipped in October, the third straight monthly decline, as foreclosure prevention programs helped more borrowers. (Updated: 11/12/09 7:08 AM )
5% plan to buy a home
NEW YORK—Just one in 20 Americans say they plan to buy a home within the next year, and they are most likely to be 34 years old or younger and living in the South or West, according to a survey released today. (Updated: 11/11/09 7:00 AM )
Erie County IDA adds $500,000 to minority business loan program
The Erie County Industrial Development Agency is expanding its program that offers low-interest loans to minority-owned businesses. (Updated: 11/10/09 7:02 AM )
Industrial renovation could get nearly $9 million in tax credits
A project to convert a vacant industrial building in the Cobblestone District into offices, apartments and restaurants stands to receive nearly $9 million in federal tax credits under a program to stimulate investment in depressed neighborhoods. (Updated: 11/10/09 7:20 AM )
Erie County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending Sept. 25. (Updated: 11/09/09 7:09 AM )