real estate

The Buffalo USL franchise is scheduled to begin play in March 2026, although a temporary site may have to be used while the new stadium is constructed. The HSBC Atrium remains the preferred site by Marlette’s group, although two other city locations remain in the running.

Could the $30 million transformational plans for Hamburg’s Gateway Building campus could very well be that spark that spurs other developments from non-local investors? The short and albeit a tad optimistic answer is yes…but yes with an asterisk.

The Gateway Office Building and the 25 acres of prime Lake Erie waterfront land that comes with it has been acquired by a New Jersey-based investment group and the deal could kickstart a proposed $30 million development on the property.

The former downtown home of Highmark Western and Northeastern New York, and other companies, is getting a multi-million dollar facelift.

Under deep blue skies, four busloads of developers took part in the tour to showcase the Main Street area properties that Niagara Falls recently acquired.The end game: Land buyers and development future for the cluster of buildings, which range from Rapids Theater to the former Jenss Department Store to the former Slipko’s supermarket.

The first few days of the new year has been a good one for the region’s residential real estate market. Make that very good.First, the respected Zillow.com website listed Buffalo as the top of the 49 markets it tracks in terms of increased sale prices and a generally white-hot marketplace. That’s right, Buffalo has beat out such cities as Indianapolis and Philadelphia to lead the Zillow list.

404 deals closed on Dec. 31 as both commercial and residential transactions raced to meet their year-end deadline such as the former Club Marcella building. The 404 deals represented just north of $90 million in true dollar values. Not a record but a steady amount and a snapshot that 2024 was a solid year when it came to real estate deals.

Not all the shopping in December was done at the malls. This month has been a very active one with several large commercial real estate transactions.

What is the region’s secret sauce for attracting out-of-town investors when it comes to apartments and multi-family complexes? Veteran real estate broker Chris Greco, president of Greco Real Estate explains:

The City of Niagara Falls and its partners are acquiring 39 vacant Main Street properties with hopes of bringing student housing, restaurants, and other retail outlets to the area.