<< Back to Current Projects

Project Name

471 Elmwood Avenue, LLC


471 Elmwood Avenue
New York

Public Hearing Transcript

Economic Impact Analysis

Project Details


Company Description

471 Elmwood Group, LLC (the applicant) is a subsidiary of Sinatra and Company Real Estate, a full-service real estate firm with over 5,500 multi-family units across 5 states. The group is the largest apartment owner in WNY and operates all properties through leasing, property management development and commercial brokerage.


Project Description


Built in 1910, 471 Elmwood Ave is a historical 2-story brick building within the Elmwood Village. While the building has been vacant for 8 years, its most recent use was as a restaurant (Casa di Pizza) and previously is believed to have been the site of a dry cleaners.


The project was originally slated for demolition however a decision was made to save the structure with current attempts underway to winterize the building through various joist replacements thus preventing further damage. This project would not be financially feasible without assistance due to the excess of structural repair work not part of the project’s original scope of work. Upon completion, the project will offer 5,500 sq ft of 1st floor commercial/retail space and 5,500 sq ft of 2nd floor residential units – 1 being offered at 80% of AMI. Parking will be in the rear of the building.

Status Details

  • 2/22/22: Public hearing held.
  • Minor Site Plan Review City of Buffalo Planning Board Approval – No SEQRA compliance required.
  • 3/23/22: Lease/Leaseback Inducement Resolution presented to the Board of Directors