Tag: economic development

Mar 19

2025

More subsidies for restaurateur accused of wage theft

Published by

A Niagara Falls restaurateur under investigation for allegations of wage theft received a third round of tax breaks Wednesday. With little discussion, the Niagara County Industrial Development Agency unanimously approved $51,000 in sales tax breaks for Muhammad Shoaib to open a Church’s Chicken, Jamba Juice and Carvel Ice Cream in downtown Niagara Falls. Meanwhile, five former employees, three of them managers, have come forward with new allegations that Shoaib and his wife, Hina Qureshi, failed to pay overtime and withheld tips from their workers. They told Investigative Post the couple altered payroll entries and told employees to destroy records and[...]

Posted 2 months ago

Mar 13

2025

Buffalo moves to call in Braymiller Market loan

Published by

Inside the now-closed Braymiller Market. Photo by Garrett Looker. Capping off the saga of downtown Buffalo’s failed grocery store, city officials on Thursday took a major step towards calling in the loan issued to  Braymiller Market two years ago. In a unanimous decision, the loan committee of the Buffalo Urban Renewal Agency voted to issue a letter of default, the legal mechanism for demanding back the $561,000 the city is owed. BURA’s full board is expected to approve the recommendation when it meets March 27. It remains unclear whether the city will recoup the funds.  By issuing the default —[...]

Posted 2 months ago

Mar 6

2025

Mega-subsidy deal for data center

Published by

With subsidies totaling $3.9 million per job, the Genesee County Economic Development Center gave the green light Thursday to a massive data center project to locate at its STAMP industrial park. The industrial development agency’s board of directors unanimously approved a proposal by STREAM U.S. Data Centers to construct a 900,000 square foot data center at the rural business park north of Batavia. The firm will purchase nearly 60 acres of STAMP’s more than 1,200 acre footprint and build a server farm the size of 16 football fields. The subsidy package totals $472 million, primarily sales tax exemptions on computer[...]

Posted 2 months ago

Feb 17

2025

Making the case for IDA reform

Published by

There’s a case to be made for consolidating and reforming Western New York’s myriad of industrial development agencies into a single operation. There’s six alone in Erie County, another three in Niagara. Add the outlying counties and there’s no fewer than 16 of them. There’s too many of them. They compete against each other. They can’t resist the built-in conflict of interest in which they earn a commission if they approve a deal and get zilch if they don’t. Let’s face it, if they were effective, our regional economy would be in better shape. Greg LeRoy of Good Jobs First, who, for my[...]

Posted 3 months ago

Feb 6

2025

Fate of Braymiller Market remains in limbo

Published by

The now-shuttered Braymiller Market at 225 Ellicott Street. Photo by J. Dale Shoemaker The future of the downtown building once home to Braymiller Market remains in limbo. For one, Evans Bank is moving to foreclosure on the property as a way to recoup the multi-million dollar mortgage it granted to owner Stuart Green. The bank has begun “pre-foreclosure” proceedings, according to Common Council Majority Leader Leah Halton-Pope. At the same time, the Buffalo Urban Renewal Agency is weighing whether to call in a $561,000 loan the city granted to Braymiller Market in 2023. The money, meant to be a lifeline[...]

Posted 3 months ago

Feb 3

2025

Prospect of huge subsidies for data center at STAMP

Published by

Around 50 people gathered at the Alabama fire hall for a series of public hearings about a data center locating at STAMP. Photo by J. Dale Shoemaker. TOWN OF ALABAMA — Three data centers vying to build at the STAMP industrial park in rural Genesee County are seeking subsidies worth anywhere from $838,000 to $3.9 million per job. The proposals were the subject of three public hearings Monday at which about two dozen nearby residents voiced their strong opposition. Concerns ran the gamut: Some speakers said data centers — via water runoff and noise — would harm the surrounding environment,[...]

Posted 3 months ago

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 4 months 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 5 months ago
Investigative Post