Douglas Jemal plans to close on Hyatt Regency hotel in Downtown Buffalo 'soon' and could open in fall WKBW and last updated 2021-07-13 17:50:57-04 BUFFALO, N.Y. (WKBW) â Developer Douglas Jemal plans to close on the Hyatt Regency hotel "soon" and says the hotel could open in the fall. The developer, who already owns Seneca One Tower and the Statler City complex, says he has been going through the foreclosure process in court. His next foreclosure motion in front of NYS Supreme Court is set for July 23. Jemal expects the foreclosure sale to officially happen at the end of August and said the hotel could open in the fall. An agreement has been reached and the hotel will remain the Hyatt Regency Buffalo.