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Buyer identified for One Seneca Tower

WBFO News File Photo

The One Seneca Tower in Buffalo could soon be transformed into a mixed use complex. Harvey Kaylie, a downstate investor, has agreed in contract to pay an estimated $27 million for the 38-story structure and the adjoining Washington Street parking ramp. The Buffalo News reports that plans are for a variety of eateries, lofts, shops, offices and possible hotel space.

The repurposing is expected to cost $100 million.

Kaylie previously made a failed bid on the building at a foreclosure auction.

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