The Buffalo News : Business Today

Thursday, August 21, 2008

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Real Estate and Development

New trouble sign surfaces in housing market struggle

Updated: 08/21/08 6:37 AM

NEW YORK (AP) — Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday.
Private student housing planned
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/20/08 7:11 AM

By fall 2009, Buffalo State College students who are unable to find an on-campus home may be able to tap a private alternative on Tonawanda Street.
Board delays action on Chef’s drive-thru
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/20/08 7:05 AM

Chef’s Restaurant fans will have to wait a few more weeks to learn if they’ll be able get a quick order of spaghetti Parmesan from a drive-thru window.
Rough times continue for Issa
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/19/08 6:41 AM

British developer Bashar Issa, whose development empire has been collapsing due to financial pressures, is now facing physical woes at his only completed project.
E Square offering ‘home ownership . . . rental income’
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/19/08 6:49 AM

A trio of townhouses with accompanying rental units is taking shape in downtown Buffalo.
Regional home sales fell last month
By Matt Glynn NEWS BUSINESS REPORTER
Updated: 08/19/08 6:41 AM

Home sales in July in Buffalo Niagara declined 2.2 percent from a year ago, while the region’s median and average sale prices each increased.
College dorm life goes deluxe
By Melissa Repko NEWS BUSINESS REPORTER
Updated: 08/17/08 7:15 AM

A basketball court, tanning beds, fitness machines and a movie theater. Think that sounds like an exclusive club or pricey hotel?
Rising food costs cause shrinkage in the grocery cart
By Mike Hughlett - CHICAGO TRIBUNE
Updated: 08/17/08 7:26 AM

CHICAGO — Consumers might not have noticed, but their bottles of Coke are slimming down: The cap on the 20-ounce bottle is a tad smaller these days — and 24 percent lighter.
Area’s home prices fare well in gains
By Matt Glynn NEWS BUSINESS REPORTER
Updated: 08/15/08 6:47 AM

Home prices in Buffalo Niagara in the second quarter grew at one of the fastest rates in the country from a year ago, but remained among the most affordable.
Senecas may slow expansion of casinos
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/15/08 7:01 AM

The Seneca Gaming Corp. is hinting at a slowdown in its fast-paced expansion efforts, despite a nearly 10 percent rise in its third-quarter net income.
Wendt moving to Cobblestone area
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/15/08 6:47 AM

An Orchard Park metal finishing products company will relocate to Buffalo’s Cobblestone District later this year.
Changes aim to stimulate purchasing of real estate
By Brian Meyer
Updated: 08/14/08 8:50 AM

New steps will be taken to encourage people to buy real estate in Buffalo, city economic developers said Wednesday.
Foreclosure filings on the rise
ASSOCIATED PRESS
Updated: 08/14/08 7:04 AM

WASHINGTON — The number of homeowners stung by the dramatic decline in the U. S. housing market jumped last month as foreclosure filings grew by 55 percent compared with the same month a year ago.
Major Cheektowaga warehouse is sold
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/13/08 6:54 AM

A Massachusetts-based real estate investment group has purchased a Cheektowaga distribution center for $4.4 million.
Bass Pro site will include a canal
By Sharon Linstedt NEWS BUSINESS REPORTER
Updated: 08/13/08 7:37 AM

The Erie Canal Harbor’s waterborne past will flow into its future, with plans for a major canal/waterway feature on the site where the idle Memorial Auditorium now stands.


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