News
Condo buyers have flocked to the Bethune Lofts, the North Buffalo landmark that neighbors Bennett High School.
Read Time: 2 min
In the last year and a half, Ciminelli Real Estate Corporation has taken major strides in their commitment to environmental, social, and governance initiatives to create a better environment for employees, clients, and community members.
Read Time: 2 min
In the last year and a half, Ciminelli Real Estate Corporation has taken major strides in their commitment to environmental, social, and governance initiatives to create a better environment for employees, clients, and community members.
Read Time: 2 min
Today, Ciminelli Real Estate Corporation announced plans to revive the former Flint Kitchen & Bar space at 40-50 Fountain Plaza in Downtown’s Central Business District.
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Businesses are fleeing sprawling offices, and experts say the market has plenty of room to fall before it hits bottom. "We have not yet bottomed out. The reason for that is there are still companies with leases that are going to expire in the next few years that are likely to be rightsizing."
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Paul Ciminelli, longtime president and CEO of Ciminelli Real Estate Corp., named his son, Kyle, as company president this week, anointing him as eventual successor to the top job as part of a planned transition. "My goal has always been to make this a third-generation company," Paul Ciminelli said.
Read Time: 1 min 46 sec
The partnership with Hamilton by Gunnebo underscores Ciminelli’s commitment to implementing cutting-edge security measures that ensure the well-being of its banking and financial clients and adds significant value with high-level services for complicated bank-equipment related issues.
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Muir Woods is just north of the Lockport Expressway, or 990, where Audubon Parkway used to dead-end just beyond the intersection with Dodge Road and the highway.
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The last newsletter of 2023 is here! The final quarter of 2023 included award winning Ciminelli projects and people, our team's first year attending the WNY Sustainable Business Summit, and an open house at one of our investment properties in Boston, MA!
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Nearly 45% of the 87 market-rate apartments at the four-story building have now been sold, indicating strong interest in residential ownership in a city that has not traditionally had a large condo market.
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716 Realty Group has neared the halfway mark with 39 units under contract at The Bethune Lofts condominium project, where Ciminelli Real Estate Corporation is converting the complex's 87 apartments into condos.
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The newly renovated lobby at Downtown Buffalo’s Lafayette Court Building held it's first event, alongside the Western New York Sustainable Round Table (SBR), to feature a panel discussion with some of the region’s experts on sustainable development.
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The newly renovated Lafayette Court Building lobby shines for Explore Buffalo's 2023 Doors Open event, where thousands of people will have access to tour the space, along with 26 other buildings across Buffalo, NY.
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Developer, Paul Ciminelli, shares how he leads Ciminelli through a challenging market by diversifying the company's offerings and learning when to pivot to take advantage of more favorable opportunities.
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The Lafayette Court Building in downtown Buffalo has a brand new look for its first-floor lobby, after owner Ciminelli spent nearly $5M on a renovation to modernize the space as part of its effort to secure M&T's second tech hub as the anchor tenant.
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The $23M Roswell Park Scott Bieler Amherst Center at 203 Park Club Lane is nearing completion. This is the cancer center’s first new-build outside of its sprawling downtown Buffalo campus, and the 2-story, 30,000 SF structure is scheduled to open Sept. 11, 2023.
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“What they really wanted is to develop a building that brings a comprehensive approach to orthopedics,” Ciminelli said. “Based on all the tenants that have located here - you have the ambulatory surgery center, imaging, general surgery, orthopedics, and PT - it’s really a one-stop shop for orthopedics.”
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Wells Fargo recently engaged the brokerage team at Newmark Ciminelli to advise them on two of their existing Buffalo-area office locations, which ultimately led to two lease transactions for new locations.
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“We think the market is right. We think the timing is right,” Ciminelli CEO Paul Ciminelli said. The units are now being offered through 716 Realty Group, at prices ranging from the middle $100,000s and up to the high $300,000s. Twelve units are available, including a two-bedroom model unit on the ground floor.
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“Our team’s collective experience and current market trends in Boston have allowed for a unique opportunity to create value through acquisition and repositioning. We believe 880 Technology Park Dr. will meet the demand for R&D space in the market,” said Ryan Zebro, VP of Investments at Ciminelli.
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