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Syracuse OK's $2.6M in tax breaks for apartment project in historic downtown buildings - Vimarsana News

Syracuse OK's $2.6M in tax breaks for apartment project in historic downtown buildings

The project will turn two buildings overlooking Fayette Firefighters Memorial Park into 57 apartments.

Hotel Investment Sales Post Quarterly Decline | By Daniel H. Lesser - Vimarsana News

Hotel Investment Sales Post Quarterly Decline | By Daniel H. Lesser

While the U.S. economy continues to expand and is currently a major driver of global growth, inflation has recently ticked up after falling considerably from a peak of 9.1% nearly two years ago. Many now perceive that in the near term, the U.S. Federal Reserve will not reduce borrowing costs, and some anticipate a resumption of raising rates by early 2025. Unless a severe economic downturn occurs, interest rates are likely to remain relatively elevated for an extended period. A tight labor market and strong household net worth has led to remarkable resilience in U.S. consumer spending as Ameri...

JCPenney remains open at Boulevard Mall despite losing eminent domain appeal - Vimarsana News

JCPenney remains open at Boulevard Mall despite losing eminent domain appeal

A Town of Amherst spokesperson tells 7 News that JCPenney has lost its appeal in the Boulevard Mall eminent domain case.

Source: wkbw.com
'I think it's exciting': City of Buffalo seeking grant to support Statler rehab - Vimarsana News

'I think it's exciting': City of Buffalo seeking grant to support Statler rehab

The Mayor's Office of Strategic Planning applied for a $3.5 million grant to assist in the Statler redevelopment in downtown Buffalo.

Source: wkbw.com
Boulevard Mall tenants move out for good as property eyes redevelopment - Vimarsana News

Boulevard Mall tenants move out for good as property eyes redevelopment

AMHERST, N.Y. (WIVB) – It has been an emotional day for businesses at the Boulevard Mall — many of which are closing up shop after years of being open. Leaders want to redevelop the mall into a commercial and residential town center. According to several tenants at the Boulevard Mall, they were recently given 30 […]

Source: yahoo.com