"In Buffalo, New York, a new solar panel manufacturing facility under construction on the site of an old steel mill seeks to become a catalyst for the Rust Belt city’s economy. And, when it starts operation next summer, the SolarCity Gigafactory will eventually manufacture a gigawatt’s worth of next-generation solar panels every year—just shy of [...]
There is only one reason to invest in real estate and that is to make money. Many investors spend hours, days, months, years, speculating and planning on the best times to buy or sell, where to buy and how much to pay. All of these can be good questions, sometimes without easy answers. So it always fun [...]
Something seems to be stirring in Western New York. The area is undergoing more than $5.5-billion (U.S.) in new economic development, mostly in downtown Buffalo. Projects such as the Buffalo Niagara Medical Campus, the recreational facilities at the Canalside park and SolarCity’s gigafactory, the largest solar panel manufacturing plant in the Western Hemisphere, are generating [...]
If you have ever watched the hit TV show Shark Tank (Dragons' Den in Canada) you will surely know the words of one of the celebrity investors, the self proclaimed Mr. Wonderful, Mr. Kevin O’Leary ‘When do I get my money back if I invest in your business?’ The same question should be asked by [...]
A couple of years ago the most successful investor of our time, Warren Buffett, said on CNBC that he would buy single family homes if he had the means to manage them. The most interesting comment he made during his interview was that houses will be a better investment than stocks over the long term. This coming from [...]
Good news for Buffalo Niagara region! The jobless rate in August declined to 6.1 percent from 7.2 percent a year ago, the 19th straight month of year-over-year declines, according to state Department of Labor data. It was the lowest August figure for the Buffalo Niagara region since 2008, when the Great Recession was starting to [...]
Interested in what new projects are happening in Western New York? Read about the hottest development projects in Western New York including Allegany County where there are 13 developments, totalling $131.6 million and Ellicottville where there is $34.6 million for ski resorts and $16.8 million in other developments. SolarCity’s planned factory in South Buffalo, and the 3,000 jobs that come with [...]