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Project Name

MCG Real Estate Holdings, LLC


293 Grote Street
New York

Public Hearing Transcript

Inducement Resolution

Project Details

The project consists of the adaptive reuse of the former Buerk Tool facility on Grote Street in the City of Buffalo.  The building has been vacant for 2 years and underutilized a total of 18 years.


The building, once redeveloped, will house 33 apartments.  The developer has indicated 12 of the 1-bedroom units will be offered at 80% of the adjusted median income (“AMI”) 


Status Details

5/26/2021 - $8,258,268  Lease/Leaseback Inducement Resolution passed by the ECIDA Board of Directors