From Business Today:
Officials cut the ribbon on a new park off Route 5 Monday. The $9.2 million Ship Canal Commons is a lush green space along Union Ship Canal at Buffalo Lake Side Commerce Park. The 22-acre public space has spots for fishing, viewing aquatic wildlife and paths for biking and hiking. The project along the Lackawanna border received several grants and is expected to attract more commercial tenants to what were once the site of the Hanna Furnace plant.
A Town of Tonawanda strip plaza has sold for $4.5 million. Phillips Edison & Co., a national retail real estate investment firm from Cincinnati, sold the Del-Ton Plaza to PDQ Properties Corp., a Florida-based firm. The plaza, at 4216 Delaware Avenue north of the Youngmann Highway, is home to Valu Home Centers and Rite Aid Pharmacy.
Profits are up--way up--at the Dunkirk-based parent of Lake Shore Savings Bank. Lake Shore Bancorp's profits soared 48.6 percent during the third quarter. It reported net income of $1.2 million, or 20 cents per share, up from $778,000, or 13 cents per share, for the same period in 2010. It was the company's seventh-straight quarter of double-digit percentage growth in earnings.
Who is getting hired, promoted and honored?
Del-Ton sounds too much like Deltron not to play a little Deltron Zero:
taggedBanks | Real Estate | Retail