Mancuso selected by BUDC to manage Northland Corridor project; NYSESD and NYPA investing $44 million - part of "Buffalo Billion"

Buffalo, NY Mancuso Management Inc. was chosen by the Buffalo Urban Development Corp. (BUDC) to manage their properties for redevelopment in the Northland Corridor Redevelopment Project on the East Side of the city. New York State Empire State Development (NYSESD) and the New York Power Authority (NYPA) will be investing over $44 million, as part of governor Cuomo’s “Buffalo Billion,” for the initial phases of this neighborhood revitalization project.  More than 750,000 s/f of dormant industrial buildings, on over 50 acres, were acquired by the BUDC to host a training and entrepreneurial center for the region. The first major tenant is expected to be the Workforce Training Center in 100,000 s/f of the building at 683 Northland Ave. The training center will prepare area residents to work in advanced manufacturing and energy product manufacturing. As part of mayor Byron Brown’s vision, it is imagined that the Northland Campus will also include a full spectrum of business space offerings, ranging from small incubator space all the way up to world class industrial assets, like the 33,000 s/f Building 81, which is 68’ clear under the hook of a 200 ton bridge crane (that is supported by four 5 ton gantry cranes). There is currently 140,000 s/f of industrial space available to lease with ceiling heights over 40’ tall and multiple cranes that include lifting capacities of 25, 40, 50 and 200 tons. B. Thomas Mancuso, SIOR, is the president of Mancuso Management, which specializes in the leasing, operation and sale of industrial, commercial and incubator properties.  Mancuso currently manages almost 2.5 million square feet of buildings across Upstate New York.