Real Estate

Jacobs to Deliver Nearly $8 Million to Local Governments

Submitted by Mike Cecchini on Thursday, May 9th, 4:04 pm

Says Mortgage Tax Collections up 16.8% Over Same Period Last Year

Erie County, NY-Erie County Clerk Chris Jacobs announced his office will soon distribute to local governments throughout the County their share of the Erie County Mortgage Tax collections based off of real estate transactions recorded in the Clerk’s Office. The total to be distributed on May 15th is $7,896,969.86 and covers the six month period October 1, 2012-March 31, 2013. This amount is 16.8% higher than the same period last year.

“Record low interest rates have fueled both refinancing and home purchases throughout Western New York. This is a positive development for Erie County’s municipal governments since mortgage tax distributions are a major source of revenue for many of the County’s cities, towns and villages,” stated County Clerk Jacobs.

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Ellicottville Chalet Makes ‘Ski Country’ the Perfect Year-round Getaway

Submitted by Joe Kirchmyer

Monday, October 22nd, 2012, 12:31pm

Ellicottville Chalet Makes ‘Ski Country’ the Perfect Year-round Getaway

In just a few shorts weeks, thousands of avid skiers, snowboarders and outdoor enthusiasts will make their annual pilgrimage to the quaint Village of Ellicottville in Western New York’s southern tier for some excitement on the slopes. And for those not interested in conquering the hills, the shopping, restaurants and nightlife aren’t too bad either!

But Ellicottville isn’t completely about the snow season. In fact, there are some fantastic sights and sites to be enjoyed year-round, especially during the cool and crisp autumn months. From incredibly colorful fall foliage to a variety of roadside stands selling produce, pumpkins and other seasonal favorites, Ellicottville is a treat 365 days a year!

A view of the Ellicottville countryside from the wraparound porch.

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September 29 Mortgage Check-Up Event Provides Relief

Submitted by West Side & Black Rock-Riverside NHS, Housing Blogger

Tuesday, September 25th, 2012, 12:31pm

September 29 Mortgage Check-Up Event Provides Relief

Court filings for foreclosure in Western New York continue to be a problem, a report from the Federal Reserve Bank of New York states that there are roughly 2,000 homeowners in active foreclosure in Erie County alone. A Mortgage Check-Up event on Saturday, September 29 will provide Western New York homeowners worried about their mortgages with the opportunity for a quick, easy and confidential way to address their concerns.

The Mortgage Check-Up is sponsored by West Side Neighborhood Housing Services in partnership with Fillmore Leroy Area Residents (FLARE), Western New York Law Center, Legal Aid Bureau of Buffalo and Legal Services for the Elderly & Disabled. Counselors and lawyers will consult homeowners privately from 11 a.m. to 1 p.m. at the FLARE office at 307 Leroy Ave.

The reason for the expected increase in Western New York foreclosures lies in the state’s long foreclosure waiting period, made longer by legislation passed last year.

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Exclusive Tour of Buffalo's New $140 Million Federal Courthouse

Submitted by ULI YLG WNY on Friday, August 24th, 1:37 pm

JOIN THE URBAN LAND INSTITUTE OF WESTERN NEW YORK’S YOUNG LEADERS GROUP FOR AN EXCLUSIVE TOUR OF BUFFALO’S NEW $140 MILLION FEDERAL COURTHOUSE

Tour will be led by the Honorable William M. Skretny, Chief Judge of the U.S. District Court, and will focus on the construction and architectural design

WHO: The Urban Land Institute’s Young Leaders Group of Western New York (ULI YLG of WNY), a subsidiary of the global nonprofit research and education organization, the Urban Land Institute, and the Honorable William M. Skretny, Chief Judge of the U.S. District Court.

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City of Buffalo Open Houses

Submitted by Tyler Russell

Monday, June 4th, 2012, 1:44pm

A Statement Released by Erie County

The City of Buffalo will host public Open Houses in nine neighborhoods throughout Buffalo between June 4 through June 9, to present and get public input on the draft elements of the city’s new zoning code, which was last updated in 1953. These public events will offer citizens an opportunity to preview the draft code, learn how the code will benefit their neighborhood, and discuss the details at Open House stations with project team members.

The attached citywide fliers describe the initiative in greater detail. They were prepared by the City of Buffalo, and are being provided as a courtesy by the Division of Environmental Remediation within the New York State Department of Environmental Conservation (NYSDEC).

This update is associated in part with the Brownfield Opportunity Area (BOA) grant coordinated by the New York State Department of State.

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Profitable Preservation: Understanding Historic Tax Credits

Submitted by ULI YLG WNY on Tuesday, May 8th, 12:21 pm

PROFITABLE PRESERVATION: UNDERSTANDING HISTORIC TAX CREDITS

Urban Land Institute’s Young Leaders Group of Western New York presents: Artspace Buffalo case study

WHO: The Urban Land Institute’s Young Leaders Group of Western New York (ULI YLG of WNY), a subsidiary of the global nonprofit research and education organization, the Urban Land Institute, and guest speakers Jason Yots of Preservation Studios, and Gerald Strickland, Jr. of HHL Architects.

WHAT: The Young Leaders Group is providing an afternoon of exploring the ‘ins and outs’ of the Commercial Historic Tax Credit program. The incentive program encourages private sector investment in the rehabilitation and re-use of historic buildings, and is one of the Nation’s most successful and cost-effective community revitalization programs. A tour of Artspace Buffalo is included.

WHEN: Saturday, May 12, 2012 from 11:30 a.m. – 1:30 p.m.

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Leveraging Anchor Institutions for Economic Development

Submitted by ULI YLG WNY on Tuesday, May 1st, 3:39 pm

URBAN LAND INSTITUTE OF WESTERN NEW YORK PRESENTS: LEVERAGING ANCHORING INSTITUTIONS FOR ECONOMIC DEVELOPMENT
Panel presentation includes national expert in the fields of University real estate and retail development

WHO: The Urban Land Institute, a global nonprofit research and education organization, will host guest speakers: Lisa Prasad, Principal, u3 Ventures; Matthew K. Enstice, Executive Director, Buffalo Niagara Medical Campus; and Robert Shibley, Dean, University at Buffalo School of Architecture and Planning. Moderator for the panel is Christina Orsi, Director of Western New York’s Regional Office Empire State Development.

WHAT: The moderated panel discussion will outline how academic and health institutions can serve as economic growth engines, which have proven to be the case in other markets to spur growth and development in their surrounding communities.

WHEN: Thursday, May 3, 2012 from 8:00 a.m. – 10:00 a.m.

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