News: Brokerage

Mancuso Group selected by GLDC to revitalize a 475,000 s/f building

A 475,000 s/f building in the city's downtown area is being revitalized to help small businesses start, grow and create jobs. The Mancuso Business Development Group has been hired by the Greater Lockport Development Corp. (GLDC) to lead the project. The GLDC's objectives for the property, originally built as the Harrison Radiator manufacturing plant in the early 1900s, are to create jobs, improve the property and become profitable in a three-year period. The building will be renamed "Harrison Place" and will focus its marketing efforts on entrepreneurs in the region, including the greater Buffalo area, Niagara County and Ontario, Canada. Small businesses create more than 70% of net new jobs in America according to the U.S. Small Business Administration. 98% of Niagara County business establishments are small businesses (almost 78% have fewer than nine employees). In addition to a $250,000 grant from senator Masiarz, a Restore NY grant of $1.5 million has just been awarded. The combination of these kinds of programs with improvements in building operations is expected to fund the revitalization.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for