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Buffalo Lures Suburban Business

Buffalo, NY – A company that was planning to expand in the suburbs has done an about face. Appraisal.com will instead expand and invest in downtown Buffalo.

The company provides software and internet-based services to the real estate appraisal industry.

Initially it was going to expand at its current location in Lancaster. But Appraisal.com President Mark Yellan said they have signed a five-year lease to conduct a multi-million dollar expansion at 620-Main Street downtown.

Yellen said they did receive State and County incentives to stay in Western New York.

The company is expected to create 125 new local jobs over the next three years. Yellen said thedowntown site will actually offer better access for employees, with plenty of parking options.