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  #981  
Old Posted Aug 28, 2007, 3:52 PM
BUFFALOVE!! BUFFALOVE!! is offline
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Originally Posted by Sulley View Post
Right. You are aware of what happened in New Orleans and the after-effects it created, correct?

Just curious... because New Orleans can't even be compared to anywhere else at the moment.
so shouldnt that make there cost of living cheaper?
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  #982  
Old Posted Aug 28, 2007, 3:56 PM
BUFFALOVE!! BUFFALOVE!! is offline
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Originally Posted by westcoastperspective View Post
Rumor time...
Everyone has heard that Issa is talking to a firm to anchor City Tower. First there was talk it was an out-of-town company. Then we heard it was local. The latest buzz is that the firm is indeed local, and is negotiating for a substantial portion of the office space. If signed, the Tower will start sooner rather than later. It would be a complicated deal involving musical buildings- Issa would potentially buy the tenant's building from them. I've heard a name mentioned, but don't want to name them and potentially sink a deal.
i've read that it was a local company that is not located with in the city itself. but it wouldnt surprise me if it were M&T even tho i'm hoping its not.
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  #983  
Old Posted Aug 28, 2007, 5:42 PM
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i've read that it was a local company that is not located with in the city itself. but it wouldnt surprise me if it were M&T even tho i'm hoping its not.
Probably still Canon Designs. Don't forget early rumors. This could be a "new-old" report, manipulating the media to keep interest up.
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  #984  
Old Posted Aug 28, 2007, 6:50 PM
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so shouldnt that make there cost of living cheaper?
No.

It's a simple lesson in economics. If supply decreases, and demand increases, prices increase.

With all of the construction workers, contractors, and thousands flocking to the greater NOLA area to live or make a quick buck, it's straining the local housing market.

Why do you think fast food jobs down there are paying $15 an hour?

Have you been watching or reading any news?
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  #985  
Old Posted Aug 28, 2007, 9:28 PM
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How about this.

M&T moves to BCT.
HSBC moves to M&T.
HSBC gets demo'ed.

I'd entertain the trade. Just don't goof it up and let Cellino & Barnes buy it and replace the plywood bowtie with a photo of Barnes' zeus-ian stare. I'll move to Rochester or Pittsburgh.
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  #986  
Old Posted Aug 30, 2007, 1:32 PM
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Buffalo falls to second-poorest big city in U.S.

With a poverty rate of nearly 30 percent,
Median income is just $27,850, Census Bureau says
By Jay Rey and Mark Sommer - NEWS STAFF REPORTERS
Updated: 08/30/07 9:02 AM


Buffalo is the second-poorest big city in the nation, new estimates by the U.S. Census Bureau show.

Nearly 30 percent of its residents are considered poor.

Only Detroit has higher poverty among American cities with populations of more than 250,000.

While sobering, the numbers don’t begin to tell the whole story.

For that, you need to look at the faces of the parents struggling to afford school supplies.

Or listen to the single mother living on child support while attending college.

Or talk to the frustrated retiree earning less than $10,000 a year in Social Security benefits.

“There is poverty in Buffalo, but nobody is doing anything about it,” said James Murdock, 67.

Murdock retired from his job at a car wash due to illness and now collects $740 a month in Social Security. He lives on the top floor of a church on Broadway.

“They’re not doing anything to bring industry back into Buffalo,” Murdock lamented Wednesday, “and it seems like nobody’s worried about it.”

Buffalo’s poverty isn’t an easy situation to crawl out from under.

New estimates also show Buffalo’s median income of $27,850 is the third lowest in the U.S. among large cities, just ahead of Miami and Cleveland.

Meanwhile, the nation’s median income is on the rise, and the poverty rate actually declined for the first time this decade, dipping slightly to 12.3 percent, according to the Census estimates.

The poverty rate for the entire Buffalo Niagara region is 14.2 percent.

It’s no secret upstate New York’s economy has fared poorly compared with the rest of the nation, said Richard Deitz, regional economist at the Buffalo branch of the Federal Reserve Bank of New York.

Its cities, he said, are being hardest hit.

The region isn’t growing in population, Deitz said, and as people have left Buffalo for the suburbs, problems like poverty are being concentrated in the city. Buffalo’s not alone.

While Rochester and Syracuse weren’t ranked among the nation’s largest cities, the poverty rates in those two cities are almost identical to Buffalo’s. In Rochester, 30 percent of the people are poor, while in Syracuse it’s 29.6 percent.

Buffalo’s poverty rate rose sharply from 26.6 percent in 2005 to 29.9 percent last year.

The jump may have to do with the Census Bureau including group quarters — like nursing homes and assisted-living facilities — in its samples for the first time last year, said Kathryn A. Foster, director of the Regional Institute at the University at Buffalo.

“We’ve been chronically high on this list, so it’s not a shock,” Foster said. “The economy hasn’t gotten that much better, and the kind of jobs that have emerged — whether in retail or the casino industry — are low-wage jobs, so we’re not pushing up the income levels.”

One of the biggest concerns, Foster said, is the children.

“The children are the biggest portion that we serve in local food pantries,” said Clem Eckert, president of the Food Bank of Western New York. “Forty percent are children, and that number is pretty constant.”

When it comes to children, Buffalo again ranks second in the nation behind Detroit, with nearly 43 percent of the city’s kids living in poverty, census estimates show.

“On a regular basis, we see more families who have more needs,” said Brenda McDuffie, president and chief executive of the Buffalo Urban League. “There is a lot of despair out there.”

Citizens Bank donated 700 backpacks, stuffed with school supplies, to local kids Wednesday, distributing them at nonprofit agencies, including the Buffalo Urban League.

Saving a family $25 on a book bag helps, McDuffie said.

And parents were appreciative.

“[Schools] want a lot of stuff for the kids — with the pencils, the crayons, the color pencils, everything — so it helps a lot, especially for a single parent,” said Kyshawna Williams, who has three children.

“Right now, I can hardly afford school clothes,” said Kristina Young, who lives in Black Rock with her three children. “I brought [my children] so they can get book bags and start the school year right and have some supplies.”

Buffalo schools struggle to teach students coming to class faced with these other issues at home.

“It’s difficult, but not impossible to do,” Buffalo School Superintendent James A. Williams said. “I don’t use poverty as a deterrent in this business.”

Buffalo needs to build its middle class, and education is the way to do that, he said.

“Education is the key to turning cities around,” Williams said. “If we don’t have a good school system, the poverty rate will remain at that level.”

Mayor Byron W. Brown said he is not surprised that the figures document severe poverty in Buffalo.

“That’s why we’ve been working so hard to bring people into the mainstream of Buffalo’s economy,” Brown said Wednesday. “I think we’re taking steps that will help to reverse these alarming numbers.”

Brown cited ongoing efforts to tackle illiteracy, place young people in jobs and offer job training to residents. He said there are also new efforts to encourage graduating college students to stay in a region that is working hard to grow good jobs in some sectors. He thinks Buffalo’s affordable real estate – which has made national headlines — also will help to strengthen the economy.

But the mayor stressed that he is not downplaying the city’s poverty problem. He said more must be done to combat substance abuse, a scourge that he believes is a major contributor to poverty. Brown also encouraged people to take advantage of existing job training and placement programs.

And despite the city’s dubious ranking as the second most impoverished city in the nation, the mayor remains convinced that Buffalo is on the upswing.

He said since the Census data was compiled for 2005 and 2006, there have been numerous encouraging signs. He said there are $3.5 billion in economic development projects in the pipeline or recently completed.

“Buffalo is absolutely turning a corner,” Brown said. “I think the city is moving in the right direction. When these figures are released again, I think we’ll see a decline in those numbers.”

But over at the food pantry on Wohlers Avenue, people aren’t as optimistic.

John Belcher, 73, stops by two or three times a week for bread, canned foods and, if he’s lucky, there will be a little meat for him to take home.

“Good thing they got this pantry or I wouldn’t make ends meet,” said Belcher, a retiree.

Rosa Gibson delivers food to quite a few elderly people and shut-ins in the same situation.

“It’s not just the East Side of Buffalo,” said Gibson, a community activist. “I deliver food all over the city. I get the same thing in each direction I go in. It’s sad.”

News Staff Reporter Brian Meyer contributed to this report.

Last edited by FireMedic; Aug 30, 2007 at 1:43 PM.
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  #987  
Old Posted Aug 30, 2007, 4:27 PM
westcoastperspective westcoastperspective is offline
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Oh God, he's back.
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  #988  
Old Posted Aug 30, 2007, 5:05 PM
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Imagine if your passion in life was to spread negative news items. You might snicker as you hit the post button with a big grin on your face. Sounds so cool-scowering the web for negativity-Fun. You do get a rise and reaction from people so maybe that is cool. Cool.
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  #989  
Old Posted Aug 30, 2007, 6:32 PM
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Quote:
Originally Posted by Sulley View Post
No.

It's a simple lesson in economics. If supply decreases, and demand increases, prices increase.

With all of the construction workers, contractors, and thousands flocking to the greater NOLA area to live or make a quick buck, it's straining the local housing market.

Why do you think fast food jobs down there are paying $15 an hour?

Have you been watching or reading any news?
This is actually true. The poor have little mobility so businesses will exploit the poor by charging more, often the poorest areas have the most expensive prices on necessities, for instance that's why groceries and gas are more expensive in Buffalo than in Amherst. I know when I lived in Buffalo for almost a year I found groceries to be just as expensive if not more expensive than at grocery stores in NYC. Also why is a poster ridiculed for posting an article about Buffalo's poor economy while the article about Buffalo being a great single's city's is praised and widely discussed, is it because it is negative news? Right here is a major problem with Buffalo, instead of acknowledging the problems, Buffalo residents sugar coat everything because the "city is on its way back". If you want to change Buffalo its about time that citizens become fair and balanced and address and attack the problems head on.
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  #990  
Old Posted Aug 30, 2007, 8:20 PM
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No NYC, look back at this thread...that individual contributes nothing but negativity to this thread, which is pathetic and boring. Of course large problems exist in Buffalo and are aknowledged here all the time - hell I moved away because I couldn't get a good job.

As far as groceries go off topic - I am just so happy that there are 2 large Wegmans locations here in the DC area. You take them for granted in WNY but I was forced to shop in such places as Giant Eagle in PA and Publix in FL - Awful quality and expensive.
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  #991  
Old Posted Sep 3, 2007, 1:36 PM
westcoastperspective westcoastperspective is offline
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Paladino said he is ready to move forward on 50 Court St., but the project is delayed due to a lawsuit. He said he hopes to start construction next March, and isn’t concerned about filling the space.



“In downtown Buffalo, there’s a tremendous need for large floor plates and this is what we’re offering,” Paladino said. “It would be high demandtype space in a great location.”

As for “Class B” office space downtown, Paladino described the situation as “primarily musical chairs.” “I don’t see much absorption,” he said. “It’s very difficult in this atmosphere.”

Paladino feels that in order for downtown to be more competitive for tenants, other issues need to be addressed, such as increasing available, affordable parking for workers, making the building permits process more efficient, and returning car traffic to Main Street.


http://www.buffalonews.com/145/story/154217.html
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  #992  
Old Posted Sep 4, 2007, 2:28 AM
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Wow, what a wealth of new idea's, I'm really hoping that this project can get done, we DO need more parking downtown.

And what "lawsuit" is there being filed against this? This sounds like more of palidino's bs or that he's jealous of other high profile projects who actually do have lawsuits against them and is just longing for one of his own.
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  #993  
Old Posted Sep 4, 2007, 3:29 AM
westcoastperspective westcoastperspective is offline
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I think the Main Place Liberty Group suit against the sale of the city-owned lot Paladino needs for 50 Court is still going on. Appeals maybe? They just need to get over it and spend money on upgrading the full-block mess that they have.
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  #994  
Old Posted Sep 4, 2007, 5:11 AM
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Oh yes, I'm sorry I forgot about that wcp. Also you make a valid point about Main Place Liberty Group, I know someone who works for hunt real estate that was trying to work with the owners of that block in an attempt to lease out some of there space and he told me not only was his offer rejected his business card was ripped up in his face. That says a lot to me about the intentions that the owner of a crucial dt property has.
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  #995  
Old Posted Sep 4, 2007, 11:35 PM
BUFFALOVE!! BUFFALOVE!! is offline
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50 Court St. fills a huge gap in a high profile location... i hope that it really starts this time, unlike this summer. And i've never been fond of main liberty group especially with this horrible, meritless lawsuit.
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  #996  
Old Posted Sep 5, 2007, 1:26 AM
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Originally Posted by BUFFALOVE!! View Post
50 Court St. fills a huge gap in a high profile location... i hope that it really starts this time, unlike this summer. And i've never been fond of main liberty group especially with this horrible, meritless lawsuit.
It would not be Buffalo without the "horrible, meritless, lawsuit. " What amazes me is that they last so long. MY GOD!
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  #997  
Old Posted Sep 11, 2007, 5:36 AM
westcoastperspective westcoastperspective is offline
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We bring back the forum for this news- Fairmont Creamery in Cobblestone is going residential. Ellicott Development has started to gut the eight-story building:

http://buffalorising.com/story/fairm...ing_reside#sca



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  #998  
Old Posted Sep 12, 2007, 2:19 AM
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As a sort of compliment to wcp's post, there's also this news:

from BR: The Buffalo Planning Board this morning approved Uniland Development’s 68-unit condo tower proposal on Gates Circle...

http://www.buffalorising.com/story/g..._tower_okd#sca


(image also from BR)
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  #999  
Old Posted Sep 12, 2007, 5:24 PM
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Is the rumor true that First Niagara will be moving to Buffalo from Lockport?
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  #1000  
Old Posted Sep 12, 2007, 8:21 PM
westcoastperspective westcoastperspective is offline
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Is the rumor true that First Niagara will be moving to Buffalo from Lockport?
I hope so, as a big FU to Jerome.

Canisius will probably buy their office building at Main/Jewitt
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