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December 27th, 2013
Via Buffalo Business First
by James Fink
Bill Paladino’s phone rings a lot.
As CEO of Ellicott Development Co., he’s constantly fielding calls from commercial real estate agents and fellow developers, many offering him choice properties. The calls often lead to deals.
This year was a good example.
In Erie County alone, the company acquired 17 properties totaling about $13.1 million. Ellicott Development’s activity is viewed in many quarters as a sign of confidence in the region. While total economic development in the past three years tops $8.1 billion, based on Business First research, real estate deals both large and small happened at a near-record pace in 2013.
“What we did is definitely a sign of confidence,” Paladino said. “Every indicator I’ve seen tells me the market has turned.” Read more ›
In Ellicott News /
on December 16, 2013 – 6:47 PM
The former Jansen Bros. Harness Shop built a century ago on Elm Street will be getting new life as an apartment and office building in downtown Buffalo.
Carl and William Paladino, whose Ellicott Development Co. bought 173 Elm St. and two adjacent parcels for $325,000, are planning to convert the four-story building into five market-rate apartments and about 5,000 square feet of office space. The project will come before the Buffalo Planning Board today, and the developer hopes to start construction work in February and finish in May. Read more ›
In Ellicott News /
Written by G. Jeffrey Aaron
The construction of the Elmira area’s fourth Family Dollar store, planned for a now-vacant parcel near West Hudson and South Main streets on the city’s southside, is expected to begin by early summer.
The 8,300 square-foot building that will house the store is being built by the Ellicott Development Co. of Buffalo. When the construction is done, the building will then be leased to Family Dollar on a long-term basis, said William Paladino, Ellicott’s CEO. Read more ›