News
![Bethune Lofts Selling Well in North Buffalo](https://www.ciminelli.com/wp-content/uploads/2024/06/Bethune.jpg)
Condo buyers have flocked to the Bethune Lofts, the North Buffalo landmark that neighbors Bennett High School.
Read Time: 2 min
![Kyle Ciminelli Named Among NYREJ’s 2024 Ones To Watch – Industry Leaders](https://www.ciminelli.com/wp-content/uploads/2024/06/NYREJ-Ones-To-Watch.jpg)
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
![Ciminelli Real Estate Corporation Announces New Co-Chairs Of Corporate Stewardship Team](https://www.ciminelli.com/wp-content/uploads/2024/05/Stewardship-News.jpg)
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
![Ciminelli Taps Culinary Pros from Marble & Rye and Fresh Catch to Re-open Former Flint Kitchen & Bar Space at Fountain Plaza](https://www.ciminelli.com/wp-content/uploads/2024/04/Prova-Image.jpg)
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.
Read Time: 2 min
![2023 Real Estate Review: Office landlords feel the pinch](https://www.ciminelli.com/wp-content/uploads/2023/12/highmark-building.jpg)
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."
Read Time: 4 min 31 sec
![Ciminelli Real Estate begins leadership transition to next generation](https://www.ciminelli.com/wp-content/uploads/2024/01/NEWS-GRAPHIC-TEMPLATE.jpg)
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
![Ciminelli Real Estate Corporation named Hamilton by Gunnebo authorized channel partner](https://www.ciminelli.com/wp-content/uploads/2023/12/Hamilton-News-Graphic.jpg)
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.
Read Time: 2 min 11 sec
![New houses, roads, traffic circle mark advancement of Muir Woods projects in Amherst](https://www.ciminelli.com/wp-content/uploads/2023/12/Muir-Woods-NEWS-GRAPHIC.jpg)
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.
Read Time: 3 min
![Q4 2023: The Ciminelli Scoop](https://www.ciminelli.com/wp-content/uploads/2024/01/NEWS-GRAPHIC-The-Ciminelli-Scoop.jpg)
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!
Read Time: 1 min 20 sec
![Brisk condo sales underway at Bethune Lofts](https://www.ciminelli.com/wp-content/uploads/2023/10/bethune-condo-sales-2.jpg)
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.
Read Time: 2 min
![Bethune condo sales near halfway point](https://www.ciminelli.com/wp-content/uploads/2023/10/Bethune-News-Graphic.jpg)
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.
Read Time: 1 min 36 sec
![Ciminelli Real Estate Corporation leading the charge for sustainable development in WNY](https://www.ciminelli.com/wp-content/uploads/2023/10/sbr-news.jpg)
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.
Read Time: 2 min 12 sec
![Doors Open Buffalo event invites people inside landmark buildings](https://www.ciminelli.com/wp-content/uploads/2023/10/doors-open-news-graphic.jpg)
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.
Read Time: 3 min
![How developer Paul Ciminelli weathers ‘challenging times’](https://www.ciminelli.com/wp-content/uploads/2023/09/paul-weathers-challenging-time-news-graphic.jpg)
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.
Read Time: 1 min 42 sec
![Ciminelli completes $5M renovation of Lafayette Court Building to secure 2nd M&T tech hub](https://www.ciminelli.com/wp-content/uploads/2023/08/lunch-box-news-graphic.jpg)
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.
Read Time: 3 min
![‘A mini-hospital’: $23 million Roswell Park Scott Bieler Amherst Center nears opening](https://www.ciminelli.com/wp-content/uploads/2023/08/pcl-nears-opening-news-graphic.jpg)
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.
Read Time: 4 min 13 sec
![‘One-stop shop for orthopedics’: Massive medical, surgical complex in Amherst nears opening](https://www.ciminelli.com/wp-content/uploads/2023/07/716health-paul-news-graphic.jpg)
“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.”
Read Time: 4 min 55 sec
![Newmark Ciminelli represents tenant and major financial company, Wells Fargo, in two Buffalo-Area leasing deals](https://www.ciminelli.com/wp-content/uploads/2023/02/6390-news-graphic-1.jpg)
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.
Read Time: 1 min 22 sec
![Ciminelli Starts Selling Bethune Lofts As Condos](https://www.ciminelli.com/wp-content/uploads/2023/01/Bethune-News-Graphic-2.jpg)
“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.
Read Time: 2 min 9 sec
![Ciminelli Real Estate and Gordon Brothers acquire 151,564 s/f property in Billerica, MA for $18.2 million](https://www.ciminelli.com/wp-content/uploads/2022/11/880-news-graphic.jpg)
“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.
Read Time: 1 min