Dec 3
2024
Buffalo’s ‘power structure is the problem’
Government policies pushed by the region’s traditional power brokers — real estate developers, bankers, law firms and other business interests — have been “a disaster for the people of Buffalo,” a new report concludes. Tax abatements and subsidies are contributing to “a deepening commercial real estate crisis” downtown, according to the report, released last month by Our City Action Buffalo, a progressive community advocacy group that is a frequent critic of the city’s elected officials. Opposition to affordable housing projects has exacerbated the city’s poverty problems, according to the report. What’s more, Buffalo is staring at a fiscal crisis engendered[...]