Tag: Economy

Dec 23

2024

Scanlon proposes police use of Braymiller

Published by

The now-shuttered Braymiller Market. Photo by J. Dale Shoemaker. Acting Mayor Christopher Scanlon wants the city to rent the former Braymiller Market building for use by the Buffalo Police Department, according to documents filed Monday with the Common Council. Scanlon is requesting lawmakers approve a one-year lease between the city and owner Stuart Green, who has defaulted on a loan from Evans Bank used to buy the property in 2021. City records indicate Green purchased the property for $7 million. He still owes approximately $5 million to the bank, according to Fillmore Common Council Member Mitch Nowakowski. The city’s proposed[...]

Posted 3 weeks ago

Dec 19

2024

Braymiller Market has closed

Published by

Braymiller Market moments before closing for good Wednesday evening. Photo by J. Dale Shoemaker. Braymiller Market, the only grocery store in downtown Buffalo, has officially closed its doors. On Wednesday evening, a person could be seen loading goods into a delivery van. On Thursday morning, the store was dark. An employee on Wednesday confirmed that was the market’s last day of operation. The closure means the business is now in default on a $561,000 city loan, a matter that’s sparked a clash in City Hall. At question is whether or not the city will demand its money back from store[...]

Posted 3 weeks ago

Dec 11

2024

Council: Not so fast on forgiving Braymiller loan

Published by

  Braymiller Market. Photo by Garrett Looker The City of Buffalo could call in the $561,000 it loaned to Braymiller Market and reallocate the money for a different use, according to city officials and an Investigative Post review of records. Some lawmakers want to know why the acting mayor, facing a financial crisis that threatens to starve city departments and initiatives of funding, seems reluctant to do that. “I want to know why we wouldn’t require somebody who didn’t honor their commitment, who took money from the city, to at least pay it back,” Common Council Majority Leader Leah Halton-Pope[...]

Posted 1 month ago

Dec 6

2024

Braymiller Market closing, but bailouts continue

Published by

Acting Mayor Chris Scanlon, forward, and Braymiller Market owner Stuart Green, to his left. Photo by J. Dale Shoemaker Braymiller Market, the struggling downtown grocery, is closing its doors, but City Hall will continue to financially assist owner Stuart Green. Acting Mayor Chris Scanlon said Friday the city will not require Green to repay the $561,000 it loaned to the store last year, a requirement if he failed to keep the store open through the end of 2025. What’s more, Scanlon said the city will lease the grocery store’s building, paying an unspecified amount to use the 21,600-square-foot space for[...]

Posted 1 month ago

Dec 6

2024

State board doubles down on secrecy

Published by

Union protestors look on at the former Wood & Brooks piano factory in Tonawanda. Photo by Garrett Looker. For more than a year, a state board created to determine whether highly subsidized development projects must pay prevailing wages has operated in secrecy. Since May, Investigative Post has pressed the Public Subsidy Board for records detailing its decisions, including on two Western New York projects. In response, the board has dug in its heels. A hearing officer for the state Department of Labor, under whose umbrella the subsidy board operates, issued a ruling last month upholding the agency’s denial of records[...]

Posted 1 month ago

Nov 8

2024

City Hall: No more money for Braymiller Market

Published by

Braymiller Market in downtown Buffalo. Photo by Garrett Looker. The Buffalo Common Council is sending a new message to Braymiller Market, downtown’s struggling grocery store: If the business is going to fail, it better fail within the next year.  That way, University Common Council Member Rasheed N.C. Wyatt said, the city can recoup the $561,000 it loaned the business last year. Under the terms of the forgivable loan, the store must stay open for two years to avoid repaying the city. “If we can get our $561,000 before he closes, let’s get our $561,000 back because I think that can[...]

Posted 2 months ago

Oct 24

2024

Braymiller Market pays its delinquent taxes

Published by

Braymiller’s grocery includes a deli. Photo by Garrett Looker. It took two formal warnings from the Erie County Industrial Development Agency and the threat of losing a key tax break, but Braymiller Market owner Stuart Green paid his overdue city taxes Wednesday. Green’s $8,200 payment, half his annual bill, was nearly three months late and was at least the third time he’d missed the deadline for paying his city property tax, according to city records. Under the terms of a 2019 package of tax breaks, which totaled $765,000, Bryamiller is responsible for paying 20 percent of its tax bill. John[...]

Posted 3 months ago

Oct 22

2024

City loan has not stabilized Braymiller Market

Published by

Story updated 10:34 a.m. Oct. 24. A year after the City of Buffalo threw Braymiller Market a half-million dollar lifeline, the downtown grocery store continues to struggle financially. For a third year in a row, records show that owner Stuart Green is months behind on his city tax payments.  That failure to pay $8,119 in taxes, half the annual bill, prompted the Erie County Industrial Development Agency to warn him Sept. 10 and again last week that the property tax abatement it granted him in 2019 could be revoked. On Wednesday, IDA leaders said they were prepared to begin the[...]

Posted 3 months ago
Investigative Post