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Audio: Dyster says agreement with Hamister could be done as soon as Friday

Earlier this week, Mayor Paul A. Dyster told the City Council a development agreement with the Hamister Group for a $25 million downtown hotel, apartment and retail project could be signed as soon as Friday.

Attorneys are still in the process of finalizing the contract, and "nothing new" compared to what was presented two months ago has appeared as the sides continue to work, Dyster told lawmakers.

The Council voted, 3-2, on Sept. 16 to allow the city to sell the land at 310 Rainbow Blvd. for the project, as well as to allow the mayor to sign a development agreement.

Listen to Dyster's full comments to the Council on Tuesday:

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City Council | city government | downtown | Paul Dyster
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Aaron Besecker

Aaron Besecker

Aaron Besecker joined The Buffalo News in 2007, where he has covered communities in Western New York as a beat reporter, multimedia journalist and assistant online editor. A Buffalo native, he began his career in journalism at the Niagara Gazette.

@The_Brink_Blog | [email protected]

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